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A significant case in the fight against energy mis-selling, worth in excess of \u00a3100k has been granted permission to appeal, says specialist claims firm, Business Energy Claims (BEC).<\/p>\n
The decision to grant permission to appeal comes alongside a number of other court cases heading to the Senior Courts and represents a potential significant step forward for this area of litigation, opening the floodgates for businesses who were mis-led and mis-sold commercial energy contracts.<\/p>\n
The case involves tool and special purpose machinery manufacturer Expert Tooling and Automation Limited, based across a variety of industrial sites both in the Midlands and in the North East. Their manufacturing process requires the consumption of significant amounts of energy.<\/p>\n
The company had its case heard in the High Court, against defendant Engie Power Limited, who supplied the energy, with the deal being brokered. The commission embedded into the contracts amounted to circa \u00a3130k and was not fully disclosed to the client.<\/p>\n
Experts at BEC believe the energy market<\/a> is fragmented and due to a lack of regulation over many years, many businesses have fallen victim to mis-selling and incurring substantial losses.<\/p>\n The legal experts are working with thousands of businesses in a bid to recover these losses, which according to industry figures are in the region of \u00a32.25bn each year and affect approximately 2.2 million businesses<\/a> in the UK.<\/p>\n Business Energy<\/a> Claims\u2019 CEO, Callum Thompson, said: \u201cThis is a big step forward in establishing a legal precedent in mis-selling and undisclosed commissions within energy contracts.<\/p>\n \u201cThis is a huge area of litigation which Business Energy Claims continues<\/a> to spearhead, with our team of experts currently onboarding a large amount of customers who have been mis-sold to and are seeking redress.\u201d<\/p>\n BEC is a specialist claims firm with a dedicated team of energy and legal experts, helping businesses to recover hidden commissions and losses from the mis-selling of energy contracts.<\/p>\n Together with their panel of leading law firms, BEC are seeking to enable businesses to understand the nature of the deals they have done and recover monies where they have been mis-sold or overcharged.<\/p>\n It is highly likely that if a business has used an energy broker, the broker may have included an undisclosed commission in the energy contracts without providing clear information about it, according to one of BEC\u2019s closest partner solicitors.<\/p>\n Victoria Myers, Senior Partner at Energy Solicitors Ltd (partner law<\/a> firm to BEC) said: \u201cEnergy brokers typically earn their commission by adding a markup to the price of the energy contract they are selling to their clients. This markup is not always explicitly disclosed to the client and can be hidden within the contract.<\/p>\n Energy Solicitors, together with Business Energy Claims, are at the forefront of this area of litigation and are dedicated to helping businesses to recover hidden commissions and losses and win back money that is rightfully theirs. Their efforts\u00a0 have helped businesses to date recoup sums into the millions of pounds<\/a>.<\/p>\n Myers continued: \u201cTaking action is crucial if you suspect that you have been mis-sold a business energy contract, and you should contact us immediately to see if any commission has been declared within your contract.\u201d<\/p>\n Business Energy Claims has a team of energy and legal experts helping businesses to recover hidden commissions and losses from the mis-selling of energy contracts.<\/p>\n If you believe you\u2019ve been mis-sold your energy contract and think you\u2019re entitled to compensation, call 0800 689 4259 or visit: businessenergyclaims.co.uk<\/p>\n\n
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