Five Key Considerations for Energy Retailers
Key considerations for energy retailers - So, your business has decided to obtain an energy retail authorisation? We have seen unprecedented interest from businesses wanting to obtain retail authorisations over the previous 6 months and wanted to share our experience to help these businesses decide if they are ready. [caption id="attachment_4012" align="aligncenter" width="640"] Photo by rawpixel.com on Unsplash[/caption] By Connor James, Compliance Quarter. Why become an energy retailer? There are a number of drivers of the newfound interest in becoming an energy retailer. Firstly, a retail authorisation allows you to trade energy in the NEM, an option not available to those ‘behind the meter.’ Secondly, energy retailing is seen as a profitable business. While the barrier to entry is high, revenue is all but assured with energy being an essential…