What is Energy Brokerage (Energy Broker)

An energy broker is an intermediary between energy producers and consumers who works on a contractual basis to lower the cost of energy for their clients. Energy brokers do not own or distribute energy but buy and sell energy services from suppliers and negotiate pricing and contract terms. They may also offer consulting services, such as auditing energy invoices for errors or breaches of contract. Energy brokers are independent agents who help to facilitate the purchase and sale of energy products, such as electricity, natural gas, and renewable energy credits. They are not affiliated with a specific energy company or utility. Energy brokers act as intermediaries between energy producers and energy consumers, similar to real estate brokers or stockbrokers. They work with clients on a contractual basis to lower the bottom-line cost of energy between consumers and producers.