Diversegy Account Type

Diversegy offers two primary types of accounts for energy brokers: the Letter of Authorization (LOA) and the Letter of Exclusivity (LOE).

• Letter of Authorization (LOA):
• Purpose: Grants permission for energy brokers to access a customer's energy account information and negotiate pricing.
• Key Benefits:
• Allows brokers to obtain historical energy usage data.
• Enables brokers to represent the customer with energy suppliers.
• Necessary for customized pricing from suppliers.
• Letter of Exclusivity (LOE):
• Purpose: Provides exclusive rights for a broker to negotiate on behalf of a customer, ensuring that suppliers only send pricing to the designated broker.
• Key Benefits:
• Secures competitive pricing as suppliers know they are dealing with one broker.
• Facilitates tailored energy solutions based on the customer's unique needs.
• Simplifies negotiations by focusing on one supplier.

Diversegy Broker Account Opening Process

To open a broker account with Diversegy, follow these steps:

• Choose the Type of Letter:
• Decide whether you need an LOA or LOE based on your business needs.
• Complete the Authorization Form:
• Fill out the necessary forms to grant authorization to the broker. This includes providing your business details and signature.
• Submit the Form:
• Send the completed LOA or LOE to Diversegy for processing. Ensure all information is accurate to avoid delays.
• Broker Engagement:
• Once the authorization is approved, your broker can start obtaining pricing quotes and negotiating on your behalf.
• Review and Finalize Contracts:
• After receiving quotes, review the proposals and finalize contracts with the energy suppliers through your broker.

By following these steps, you can effectively set up a broker account with Diversegy, leveraging their expertise to secure the best energy rates for your business.