Utility Audits for Hotels
A utility bill auditing for hotels is essential for any hospitality business that wants to control expenses, improve energy efficiency, and ensure every bill is accurate. UtiliSave’s comprehensive auditing services have helped hotels nationwide save hundreds of millions of dollars since 1991.
According to the EPA’s ENERGY STAR program, the average hotel spends over $2,196 per room annually on energy alone. A thorough review is the critical first step to benchmarking your performance and identifying where you’re overspending compared to industry standards.
Why Invest in Utility Bill Auditing for hotels?
By investing in comprehensive reviews, your management team can identify costly errors, recover refunds, and continually optimize your operation’s utility usage.
Advantages of Utility Cost Recovery
The benefits of utility auditing come in all shapes and sizes. Here are some of the most popular:
- Continuous monitoring: Most auditing organizations will provide ongoing monitoring over all your accounts to simplify your process and offer the peace of mind you deserve.
- Fewer errors: Conducting audits before payments can shed light on even the smallest historical billing mistakes, allowing you to make timely adjustments or acquire refunds from your utility company.
- Correct rate schedules: Your auditor will compare your current rate schedule to those offered by your utility company to find the most cost-effective solution for your specific energy needs.
- Efficiency: Utility auditing allow you to identify operational inefficiencies and begin to truly understand where the value you’re creating is.
What to Expect From Your Audit
When you partner with UtiliSave, you can expect tangible results. Hotels working with us typically achieve cost reductions of up to 10% in utility expenses within 18 months, with our 94% success rate proving this is attainable.
The analysis process identifies savings across multiple utility streams:
- Electricity rate optimization and demand charge reduction
- Gas billing error recovery and efficiency opportunities
- Water and sewer bill corrections and conservation
- Tax exemption recovery on utilities
Once savings are identified, refunds and credits are processed through your utility company. With our risk-free, contingency-based model, you have nothing to lose—we don’t get paid unless we find you savings.
What Is a Comprehensive Audit?
Your utility bills and data can become complex quickly, especially since your guests determine usage costs. Conducting a thorough analysis enhances your bill oversight to save as much money as possible. It’s a detailed process of searching utility bills and invoices for errors, mistakes, and discrepancies, striving to ensure you’re paying the lowest prices possible.
While businesses can sometimes do this in-house, they may not always have the information needed to make sense of the data. Trusted professionals analyze your gas, electric, water, and sewer bills to determine utility rates, meter readings, growth trends, and tax exemptions. This exploration can take a couple of weeks but often results in significant savings and improvement opportunities.
Why UtiliSave Is Your Best Partner
UtiliSave is a premier auditing provider supplying data-driven services for various organization types, including hospitality. We offer clients a completely risk-free guarantee, we’ll never take a dime unless we find you savings.
We’re known for producing exceptional results with a 94% success rate in reducing costs up to 10% within 18 months. Our experienced and thorough professionals are dedicated to helping you succeed. We leverage $10 million of advanced technology to analyze sophisticated data, and our combination of tools and expertise enables us to efficiently search through at least six years of information and deliver unrivaled savings.
Partner with UtiliSave Today
Partner with UtiliSave to create more transparency over your hotel’s operations. We follow a systematic process to ensure we find every last cent possible.
Fill out our online contact form to learn more about how we can help your hotel today.