Everyone uses energy. Obviously. You need power to turn on your lights, work your machines, and turn on your ovens. We use electricity and natural gas hundreds of time a day.
Is your business getting the best deal on its energy price?
In this article, I will break down the five reasons you need an energy broker and how an energy broker(AKA we here, at LBE, Ltd.) can help your business. As a business owner, you are juggling a million different things. Your electricity and natural gas bills are the last problem you need to worry about it.
What is an energy broker?
Let me break it down. An energy broker is a middleman between businesses (or sometimes residential consumers) and energy suppliers. An energy broker’s job is to help clients find the best rates for electricity and natural gas, by comparing prices from different energy providers.
In a deregulated market, like Illinois, you don’t have to stay with your default supplier, ComEd or Amren. In fact, many times, it costs you more money to stay with them. Alternate suppliers want your business, and they are more the willing to give you a cheaper price than your default utility will.
I don’t want to have to pay a middle man. Why can’t I just do it myself?
Here’s why five reasons you need an energy broker:
1. Electricity and natural gas prices change every day.
Energy is a traded commodity. Like any commodity (or stock), it changes every day. Any trader can attest to being on that pendulum swing. Energy brokers keep track of daily price changes, in the market. They keep track of their customer’s prices. We constantly monitor price fluctuations to strike at the best possible time for our clients.
We negotiate fixed prices for our clients. Because energy prices rise and fall every day, a fixed price ensures your business is protected from huge upswings in the energy price market.
Side note-if you, as a client, receive an energy price you like, it’s imperative to reply to the broker ASAP. The price is only good until the close of business. That price will not be there tomorrow. It changes every day.
2. Lower Energy Costs for You
Energy brokers have access to multiple suppliers and can negotiate better rates than businesses might get on their own. This helps companies save money on their electricity and gas bills. Energy brokers have relationships with their suppliers than can be leveraged for better prices. Also, let’s be real-do you want contact and shop around to ten different suppliers?
No. Who has the time for that?
We do the hard part, so you can deal with your business. You have enough to worry about.
3. Contract Management & Risk Reduction
We work with energy all day. We’re energy experts.
With one look at your bill, we can tell if your price is too high, and if you’re paying too much. We’ve cut clients’ costs, as much as 50%!
You may have entered into what seemed like a good contract, at the time. However, because there was no one there (aka us, an energy broker) to monitor your account, you went to a variable rate, after your contract expired. Variable rates can be extremely high. Auto-renewals, caused by contract lapses, and unfavorable terms can cost your business thousands of dollars. We ensure your account is constantly monitored, and that you’re apprised of your upcoming renewal.
At renewal time, if we get a better price, with a different supplier, we will happily switch you. Our loyalty is to you!
4. Ongoing Support & Energy Strategy
Our work doesn’t stop once you sign a contract. We continue to monitor rates, renewals, remind you of contract expirations, and help optimize your energy strategy over time. We keep our clients apprised of energy trends. Our work is never done!
For example, in June 2025, due to a capacity increase of 800%, ComEd, here in Illinois, is predicting prices to rise, by at least 1.5-2 cents. This means higher electricity prices for you. We are keeping all of our clients informed, so no one is surprised. You don’t want an energy broker who hasn’t bothered to do the research. We give recommendations to our client on the best court of action, in their energy accounts.
“It is what it is” is not our motto.
5. Energy is complicated-Who has the time?
But seriously. Time is money. Energy markets can be complicated. Shopping for energy contracts is time-consuming and confusing. It’s hard to know when you’re getting a fair deal.
Like you’re an expert in your industry, we’re an expert in energy. An energy broker handles the research, supplier comparisons, and contract negotiations. This frees business owners to focus on running their company.
In this busy world, you have enough on your mind. Whatever business you’re in, you have a lot going on. Between inventory issues, marketing campaigns, employee retention, and the struggle to uphold a work/life balance—it can all be exhausting.
Why add another thing to worry about it?
Instead of spending hours researching suppliers and keeping track of your energy contracts, we do the hard stuff for you—so you can focus on running your business!
Our job here, at LBE Ltd., is to stay on top of all your energy related business needs. Whether it’s getting you a better price than what you’re paying, monitoring your contract renewals, keeping you updated on energy trends that directly affect your business-we are here to help!
We are an Illinois licensed, Chicago land area energy broker. Because we’re local to Illinois, we specialize in the Illinois market. We stay on top of Illinois energy trends that directly affect Illinois businesses. Illinois is our home, and we are passionate about saving customers money on their energy bills.
Our clients get customized, personal care. No business is too small or big.
Let us take care of your energy needs, so you can take care of your business!
Contact us, on the form, on our website, call us, or email us at [email protected], for a free, no obligation quote!
