When we send your prices to you, they will either be in the format of a picture/screenshot or a spreadsheet. We normally send a screenshot of the quotes we obtain for you, with all the information that is available to us.
The screenshot will be headed as below...
The headings mean the following...
- Supplier - The Supplier who is offering the contract
- Tariff - The name of the tariff being offered
- Term - The length of time the contract lasts for. Between 12 and 60 months
- Start Date - The estimated start time of the new contract
- Payment - The payment method required for the contract
- Commission Type - This is the commission that we make on your contract. This is also referred to as "Uplift". As we maintain our stance of selling with as little uplift as we can, this will only ever be a maximum of 0.1p per unit.
- S/C - The standing charge of the contract, usually displayed as p/day or £/Qtr.
- Prices (p/kWh) - The unit charges associated with the contract. There may be multiple values displayed here. If there are, we will explain what values correspond to what.
- Commission - The amount of money we (Numbergroup Utilities) will make over the entire contract length
- Annual Cost - The amount that the contract will cost over the period of 1 year, based on the estimated annual consumption figure we have quoted you for.
Most brokers will not tell you the commission value, as this denotes how much money they are making off the sale. The reason for this is that the uplift value is a value added on top of the supply price, which the broker adds on to make a profit from the sale.
We cannot sell the contracts at "sale" price (i.e. with no uplift at all), due to the way the relationship between ourselves, our contract handlers and the supplier works, it would mean we would have to pay towards the contract. This is why we add the smallest amount of uplift that we can. As mentioned above, this will either be 0.05p or 0.1p per unit.
This is the reason we send a screenshot from our system, so we are being open and honest with regards to the prices we are charging, and the uplift that is being added.
If you would rather have a spreadsheet of the information shown in the screenshot, please ask and we will send this over to you.