The cost of arbitration depends on the value of your claim. Please see below.
The fees from November 2018:
£1.00 – £9,999 = £150.00
£10,000+ = £200.00
Please note the fees above are subject to VAT and payable per party.
Once submitted, ‘Commercial Energy Arbitration’ will acknowledge your application form and request your submission. Please note that the arbitration fee is payable at the time of application and is non-refundable should you reach agreement prior to an award being issued.
NB The arbitrators decision (known as an award) will be final and legally binding on both parties.