Energy insight · 5 min read

What is a TPI?
And why should
your business care?

Ever had a cold call offering to compare your business energy? You've met a Third Party Intermediary — TPI — the Ofgem term for anyone who acts as an intermediary in procuring gas or electricity for business customers.

What TPIs do

A TPI obtains quotes from multiple suppliers, presents the options, and facilitates a switch. In return they take a fee — paid directly by the customer, embedded as commission in the unit rate, or both. That embedded-commission model is the source of most complaints: when commission is hidden in the rate and not disclosed, you can't tell whether the recommended tariff is the cheapest or simply the one with the fattest margin.

Ofgem's TPI Code of Practice

The Code requires registered TPIs to disclose fees, present quotes from across the market rather than a preferred shortlist, and maintain an ADR route for complaints. Registration is currently voluntary — though mandatory licensing is under active consultation. Registration sets a floor, not a ceiling, but it does mean a business has made disclosure commitments and has an accountability mechanism behind it.

What to look for

Before you sign anything, you should be able to answer three questions:

  1. Is the broker Ofgem registered — and what's the registration number?
  2. What exactly is the fee, and how is it shown on the contract?
  3. Are you seeing the wider market, or a preferred-supplier shortlist?
For BuyEnergyOnline.uk, operated by Telnergy Ltd: yes, registered since 2002; a flat 1p/kWh shown as its own line; the wider available market.
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Published May 2026 · Telnergy Ltd · Ofgem registered TPI since 2002