A company that helps business re-coup costs from energy mis-selling is set to create 50 jobs as demand for its services increases.
Business Energy Claims, which is based in Boldon, South Tyneside, is creating 10 new roles initially, to be followed by dozens more in the sales, business development and claims teams.
The company was set up by Callum Thompson, who had previously been a senior executive at Utilitywise, one of the country’s first and largest energy brokers until its collapse in 2019. Utilitywise had been set up by his father Geoff, though neither of them was involved at the time of the company’s administration.
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Mr Thompson set up the company to help businesses recover hidden commissions and losses from the mis-selling of energy contracts.
He said: “Our teams are working flat out assisting clients who have not been informed of the commissions earned from their contracts, and the extent of the hidden fees. More and more businesses and organisations are realising that they have been the victim of mis-sold energy contracts.
“As a proud North East-based company, working across the country, I am delighted we are able to increase our workforce, offering talented local people the opportunity to join the fight against energy mis-selling. There is a great deal of satisfaction in holding energy brokers and suppliers to account and ensuring businesses, charities, schools, sports clubs and other organsiations are recompensed.”
Meanwhile, the company has revealed that it recovered around £80,000 for a Tyneside hotel that had been the victim of energy mis-selling. The Gibside Hotel in Whickham, Gateshead, was approached by an energy broker in early 2019 to arrange better gas and electricity contracts, but found itself landed with substantial undisclosed fees.
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Working with partner law firm 3Volution, the matter was settled by Business Energy Claims at 100% of the claim.
Mr Thompson said: “This was a shocking case of mis-selling and I am delighted that we have been able to hold the broker to account.
“Gibside Hotel has been vindicated in its decision to challenge the way in which the energy contracts were portrayed, with hidden commission that ran into tens of thousands of pounds.
“Sadly, this is only the tip of the iceberg, and we continue to pursue a significant number of cases, with a growing client list of businesses and organisations across multiple sectors.”