Business Energy Claims: What You Need to Know

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A mis-sold pension would be the outcome of unsuitable pension advice. Your business has a right to compensation based on business energy claims if it has been overcharged or misled on energy contracts. There are numerous businesses falling into the traps their complex contracts, sneaky rates, and their mis-sold tariffs create, causing businesses undue financial burdens. Situations have become commonplace where businesses are locked into higher-than-expected rates, ambiguous contract terms, or unknown charges that were never stated when the agreement was made.
A business energy claim gives you the chance to recover any over-payments or unfair charges that have been made on your energy account. To lodge this claim, you will need your energy contracts, your energy bills and billing statements, and all the letters that you have received from your energy company. An expert in energy claims will assist you in checking on your case, establish discrepancies, and subsequently guide you through the process to reclaim your losses.

It would involve some direct negotiation with the supplier or taking an escalatory claim to an ombudsman if that is necessary. Certain claims management companies also offer no-win, no-fee services, meaning you have nothing to pay unless they are able to recover compensation for your business.

For firms with fixed-price tariffs, a claim for an energy business might prove to be a source of relief toward reducing the amount you are paying for energy in the future. If you were advised to transfer your pension into a high-risk scheme or were not entirely made aware of the risks, you could have grounds for a claim. It is always recommended that you seek professional guidance so that you can better understand your circumstances and recover any losses.

 

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