Utility Auditing Services

There are no upfront fees or charges. We only bill based on implemented savings, that are easily quantifiable. These are easily seen comparing the charges we achieve for you on the new invoices, vs the old invoices.

Then we simply share in the savings each month for a finite period of time (12-60 months depending on the level of service our clients want).

We need 12 months of the most recent invoices and a signed LOA. We can often get these invoices via online login portals our clients already have set up. We need the signed LOA to communicate with vendors on your behalf to perform our audit. No changes are made without client approval.

Our utilities are in a closed market, how can you help us?
We work in both open and closed markets nationwide. In open markets the process is more about finding the best rates available, and the best supply agreements. While there can be errors and overcharges in those markets as well, that is the name of the game.

In closed markets you have tariffs that govern what the utility can charge you. These tariffs are highly complex, and there are often dozens to choose from. Determining which ones are most beneficial is no small task. Furthermore, the utilities make errors all the time (some of them listed below). A thorough audit is the only way to understand if you’re bills are accurate and cost effective.

Depending on what we identify as problems we could go as far back as the state statue of limitations allows (typically 36 months, or even back to the point of error). We have had some refunds go back decades. It depends on the type of error as to what we are allowed to go after for our clients.

Incorrect or outdated tariffs, duplicate charges, hidden/misc. fees, charges for inactive services, and estimated or faulty meter readings, default rates, above market rates, the list goes on [link to white paper]

Yes. We present findings to utilities, negotiate refunds/credits, and implement the corrections moving forward. 

Our service is contingency-based—there’s no upfront cost, and fees are tied to verified savings. If we don’t find you savings, that don’t hit your bottom line, there is no fee. It’s that simple.

We aim to deliver our initial findings within 30 days and deliver savings within 90 days to your bottom line.

If you work for a business or own one, you’ve been managing these expenses since the beginning.  We still find savings 90% of the time for businesses and organizations we look at.

 However, if the answer to all of the following is true, you may not need our help.  

• Is the person who is managing this expense category, only managing that expense, and has no other duties?
• Are they incentivized to save every dollar on a performance basis in that particular expense category?
• Do they have over 10 years (minimum) of sole focus on this particular expense category, doing nothing else each day?
• Do they have access to thousands of other comparable data points across industries, organizations, and peers outlining comparable costs (at a line-item level) of this particular expense category?
• Do they have deep knowledge of the utility industry and understand the hundreds of tariffs that apply to your business?  

If the answer to all of those is ‘yes’ then we would concede a cost reduction audit by category experts may not yield results.  However, given we only charge if we find savings, it’s certainly worth a shot and we are happy to invest our time and resources on our client’s behalf.