SUPPLIER | HOW SUPPLIER PAYS OUT | WHAT THE BROKER GETS | CLAWBACK CRITERIA |
EDF ENERGY (EDF) | FOR ACQUISITION AND RENEWAL: 70:30 SPLIT ON INITIAL PAYMENT, BALANCE BETWEEN 18-21 MONTHS AFTER LIVE (SO IF 2YR OR 3YR, THEN DURING THE TERM). EAC AT TIME OF PAYMENT IS DEEMED TO BE EAC FOR REMAINDER OF CONTRACT | ZERO PAYOUT BELOW 5000KWH 5001 TO 9999KWH = 70% 10000KWH + = 80% | IF DEBT ON ACCOUNT, CAN RESULT IN FULL CLAWBACK. IF DISCONNECTION, FULL CLAWBACK. IF COT AND FULL BILLS PAID ON END THEN RECONCILE PAID. (I.E. AS A FINAL DD PAYMENT, NOT DEBIT CARD PAYMENTS AFTER CONTRACT FINISH) |
SCOTTISH POWER (SP) | ACQUISITION: 80:20 SPLIT AT LIVE, AND BALANCE END OF YEAR 1 (UP TO 6-8MONTHS AFTER ANNIVERSARY. IF TWO OR THREE YEAR TERM, THEN EAC FROM YEAR 1 IS ASSUMED TO BE SAME IN YEAR 2 AND 3. WE ADVISE REGULAR METER READINGS IN YEAR 1 RENEWAL: SP ADVISE US WHAT THE EAC IS AND ITS 100% PAYOUT AT LIVE. | ZERO PAYOUT BELOW 5000KWH 5001 TO 9999KWH = 70% 10000KWH + = 80% IF THE MONETARY AMOUNT EXCEEDS £1500, THE COMMISSION IS CAPPED, WITH BALANCE RELEASED AT END OF CONTRACT | IF DEBT ON ACCOUNT, CAN RESULT IN FULL CLAWBACK. IF DISCONNECTION, FULL CLAWBACK. IF COT AND FULL BILLS PAID ON END THEN RECONCILE PAID. (NOT IF 3 MONTHS AFTER) |
BRTISH GAS BUSINESS (BGB) | 70:30 SPLIT, ADJUSTED ANNUALLY FOR ACQUISITION AND RENEWAL. IF EAC EXCEEDS XXX, THEN ITS RESIDUAL PAYMENTS ONCE CUSTOMER PAYS BILL | ZERO PAYOUT BELOW 5000KWH 5001 TO 9999KWH = 65% 10000KWH + = 75% | IF DEBT ON ACCOUNT AT RECONCILE TIME, PAYMENTS ARE NOT MADE. ALL DEBTS MUST BE CLEAR BY THE LAST BILL VIA DD TO QUALIFY FOR FULL COMMISSIONS. CASH/CARD/PAYMENT PLANS AFTER CONTRACTS FINISHES WILL RESULT IN WITHELD COMMISSION FROM SUPPLIER. DISCONNECTION = FULL CLAWBACK |
BRITISH GAS LITE (BGL) | 70:30 SPLIT, ADJUSTED ANNUALLY FOR ACQUISITION AND RENEWAL. | ZERO PAYOUT BELOW 5000KWH 5001 TO 9999KWH = 70% 10000KWH + = 80% | IF DEBT ON ACCOUNT AT RECONCILE TIME, PAYMENTS ARE NOT MADE. ALL DEBTS MUST BE CLEAR BY THE LAST BILL VIA DD TO QUALIFY FOR FULL COMMISSIONS. CASH/CARD/PAYMENT PLANS AFTER CONTRACTS FINISHES WILL RESULT IN WITHELD COMMISSION FROM SUPPLIER. DISCONNECTION = FULL CLAWBACK |
EON ENERGY (EON) | 70:30 SPLIT, ADJUSTED ANNUALLY FOR ACQUISITION AND RENEWAL. | BELOW 5000KWH = 50% 5001 TO 9999KWH = 65% 10000KWH + = 75% THERE MAY BE SUPPLEMENTARY PAYMENT IF THE ON SUPPLY EAC AND LIVE EAC DIFFER (CASE BY CASE BASIS) | IF DEBT ON ACCOUNT AT RECONCILE TIME, PAYMENTS ARE NOT MADE. ALL DEBTS MUST BE CLEAR BY THE LAST BILL VIA DD TO QUALIFY FOR FULL COMMISSIONS. CASH/CARD/PAYMENT PLANS AFTER CONTRACTS FINISHES WILL RESULT IN WITHELD COMMISSION FROM SUPPLIER. DISCONNECTION = FULL CLAWBACK |
SMARTEST ENERGY (DUAL) | 80:20 SPLIT AT LIVE, WITH BALANCE AT END OF CONTRACT. | ZERO PAYOUT BELOW 5000KWH 5001 TO 9999KWH = 70% 10000KWH + = 80% | IF DEBT ON ACCOUNT AT RECONCILE TIME, PAYMENTS ARE NOT MADE. ALL DEBTS MUST BE CLEAR BY THE LAST BILL VIA DD TO QUALIFY FOR FULL COMMISSIONS. CASH/CARD/PAYMENT PLANS AFTER CONTRACTS FINISHES WILL RESULT IN WITHELD COMMISSION FROM SUPPLIER. DISCONNECTION = FULL CLAWBACK |
VALDA ENERGY (VALDA) | 80:20 INITIAL PAYMENT BALANCE OF 20% AT END OF YEAR 1 FOR ONE YEAR AND TWO YEAR CONTRACTS THREE YEAR CONTRACTS - VALDA KEEP 15% OF THE TOTAL VALUE PERMANENTLY. AS SUCH, ITS NOT IN YOUR INTEREST TO DO 3YR, BETTER TO DO MAX 2YR | ZERO PAYOUT BELOW 5000KWH 5001 TO 9999KWH = 70% 10000KWH + = 80% | IF DEBT ON ACCOUNT AT RECONCILE TIME, PAYMENTS ARE NOT MADE. ALL DEBTS MUST BE CLEAR BY THE LAST BILL VIA DD TO QUALIFY FOR FULL COMMISSIONS. CASH/CARD/PAYMENT PLANS AFTER CONTRACTS FINISHES WILL RESULT IN WITHELD COMMISSION FROM SUPPLIER. DISCONNECTION = FULL CLAWBACK |
SSE | RESIDUAL - QUARTERLY IN ARREARS, ONCE CUSTOMER PAYS BILL. | ZERO PAYOUT BELOW 5000KWH 5001 TO 9999KWH = 70% 10000KWH + = 80% | UNPAID OR CLAWED BACK BILLS RESULTS IN CLAWBACK. |