SUPPLIER (Commercial) BROKER
COMMERCIAL SUPPLIER-SIDE ELECTRIC AND NATURAL GAS COMMISSION STRUCTURE
The Commissions for Commercial Supplier Electric and Natural gas are set by each Broker, by setting and maximizing the Mils.
The Mils control the amount of commission in the Pricing Platform. 5 Mils is set by default, which can be changed from 0 Mils to 15 Mils.
Commissions are posted on the right side of the screen with Monthly Residual, Annual Upfront, or Both (see example below).
Monthly Residual Commissions generally have higher payouts of 10% more for Brokers.
Annual Upfront Commissions are paid each year on the anniversary date of the customer’s contract.
The selection of Monthly Residual or Annual Upfront Commissions is selected from contract to contract.
Click on More Details (shown in the image below) for any Upfront Payment Rules, Margin Split Rules, Margin Cap Rules, or Special Rules that may be set by the Supplier.
COMMERCIAL ELECTRIC & NATURAL GAS COMMISSIONS
Commissions are calculated by multiplying the Annual kWh times the Mils times the Broker percentage split.
EXAMPLE:
If a Customer Uses 500,000 kWh per Year
x .005 (5 mils or ½ cents)
= $2,500 per Year in available commissions.
Broker Split of up to 70% = $1,750.00 (estimated $145/month).
PAYMENT TIME
Each Supplier controls payout, most Suppliers pay after connection (on flow).
Deals that are Commissionable are paid the 1st week of the following month.
CONTRACT/DEAL STATUS
Standard processing time is 7 to 10 business days for most Suppliers to verify each order.
Under the Status Column in the TruPowur Backoffice is:
Pending or Request Price to Signed, then Confirmed
You can check the Status of each deal by clicking on the Contract# in the TruPowur Backoffice Dashboard, then the Status Tab.
NOTE: Reverse Auctions will delay the timing of a deal but can result in better rates for the customer.
BROKER BONUSES
Only Brokers can earn additional revenue by building a bigger book of business.
Book Values of $200,000+ earn 1% more in revenue.
Book Values of $400,000+ earn 2% more in revenue.
Book Values of $800,000+ earn 3% more in revenue.
Book Values of $1,200,000+ earn 5% more in revenue.
NOTE: A Brokers Book Value includes all of the Brokers Teams Value, resulting in a max revenue of up to 75%.
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