Energy Claims
Your business may be owed thousands due to mis-sold energy contracts.
We help businesses claim back millions of pounds in mis-sold energy contracts across all commercial sectors.
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Have You Ever Used an Energy Broker?
Are you aware of the hidden fees and commissions associated with your energy broker’s services?
Many businesses are caught off guard by unexpected costs and unclear terms.
Did your supplier fail to inform you about fees for using the broker’s service?
Did the supplier fail to make it clear that you pay for the broker’s commission?
Did the broker fail to provide you with several independent quotes?
If you answered yes to any of these questions, you might have been mis-sold your energy contract. Don’t worry—MiCAP Group is here to help.
Get in touch with us today for a free contract review and ensure you’re not paying more than you should be.
Our Process
Our appointed law firm handle all the complicated legal work making the claims process simple and stress-free as possible for you. The process is broadly defined by three stages:
1. Contract Analysis
Our experienced team of energy experts analyse your contracts for free to identify points of mis-sell / hidden fees. If you are eligible, you will be appointed a solicitor.
2. Litigation
Your appointed solicitor will inform the defendant of the claim and begin preparations for settlement discussions as well as the possibility of court proceedings.
3. Payment
Once your claim has settled, our appointed law firm will pay the funds into your bank account once they are received.
Energy Industry Statistics
Energy firms have been forced to pay out ÂŁ389 million in fines and redress payments over the last 10 years, with 25% of fines going to the treasury and 75% as redress payments. When tallied up, energy firms have had to pay back the equivalent of ÂŁ100,000 a day, every day, for the last 10 years due to noncompliance with regulations. Mis-selling was the number one reason for these charges, totaling ÂŁ40.5 million, followed by complaints handling at ÂŁ37.3 million and incorrect billing and overcharging at ÂŁ25.7 million.
As of November 2020, £64.9 million has already been dished out – the second biggest amount after £71.9 million was paid in 2015. Ofgem estimates that over 90% of contracts entered into via a broker or TPI are mis-sold.
Our Strategy
We have partnered with some of the UK’s most experienced law firms and are proudly backed by one of Europe’s largest litigation funder to pursue business energy claims on a no-win, no-fee structure.
Our appointed law firm works on capped fees to ensure the results are delivered to the highest standards and ethics for the claimant.
We build long term sustainable partnerships with our clients, helping them on their journey to achieving a better understanding of their contracts and basic consumer rights.
By sector, the average claim value we have uncovered:
The industries below are examples of the sectors we have worked with in the past, however, no matter the sector, you will be able to apply for an energy rebate.
Start Your Claim
Even if you’re unsure you qualify, over 90% of businesses who apply are successful. It takes 60 seconds and our team will let you know if you’re eligible.
Please make sure you meet the following two pieces of criteria so we can process your claim:
- You are applying on behalf of a business registered in England & Wales.
- You have used an Energy Broker within the last 6 years.