Real Estate Utility Auditing
Utility bill audits for large U.S. buildings help property managers and building owners cut costs, recover refunds, and ensure billing accuracy with zero risk. As a leader in the industry with decades of experience, our expert team offers innovative audit solutions specifically designed for large commercial properties across the United States. Major U.S. real estate groups trust our audit services, including SL Green Realty, RFR, Silverstein, CBRE, Related Companies, and Jonathan Rose Companies.
Why Large U.S. Buildings Need Utility Bill Audits
As a property manager or building owner, overseeing your building’s energy usage can be complex and confusing, taking time away from your most important tasks. According to the U.S. Energy Information Administration, commercial buildings spent $141 billion on energy in 2018, with large buildings over 100,000 square feet accounting for over one-third of total energy consumed. Our comprehensive billing analysis services provide the expertise and resources to identify billing errors, recover overcharges, and optimize utility expenses across your entire U.S. property portfolio.
Utility bill errors are surprisingly common in large U.S. buildings. According to industry research, property managers overpay utility bills by an average of 3-7% annually due to billing errors, incorrect rate applications, and missed credits. For a large U.S. building with a $500,000 annual utility bill, this could represent $15,000-$35,000 in annual losses. A comprehensive utility bill audit helps ensure your invoices are correct, giving you confidence that there are no billing errors or wrong meter calculations.
How Our Real Estate Audit Process Works
Our billing analysis methodology is designed for maximum efficiency and recovery across all U.S. utility providers. Here’s what you can expect:
- Historical Data Analysis: We review up to 6 years of utility billing history for your large real estate buildings, identifying systemic errors and billing discrepancies that have accumulated over time.
- Rate Schedule Optimization: Our audit team analyzes your usage patterns to determine if you’re on the optimal rate schedule with each U.S. utility provider, potentially unlocking substantial savings across your entire building portfolio.
- Demand Charge Review: For large U.S. buildings using significant electricity, we conduct detailed billing analysis of demand charges and identify reduction opportunities that can save thousands monthly.
- Direct Utility Coordination: We work directly with U.S. utility companies on your behalf to recover refunds and implement better rates, handling all documentation and follow-up required for your recovery claims.
Common Issues Found in Utility Bill Audits for U.S. Buildings
During our comprehensive billing analysis for large U.S. buildings, we frequently identify these costly errors:
- Incorrect meter multipliers applied to billing calculations
- Wrong rate classifications or outdated tariff schedules
- Missed utility company credits or rebate programs
- Overlapping service charges from multiple accounts
- Sales tax errors or improper exemptions
- Demand charge miscalculations
- Billing for vacant spaces or inactive meters
Each of these issues represents real dollars that thorough utility auditing can recover for your large U.S. properties. On average, our clients see refunds and ongoing savings of 3-7% of annual utility spend, which for large U.S. buildings often means thousands to hundreds of thousands of dollars.
Who Benefits From Utility Bill Audit Services?
Our audit services benefit large U.S. buildings and property managers across all real estate sectors:
- Large office buildings and commercial properties
- Retail centers and shopping complexes
- Industrial and warehouse facilities
- Multi-family residential properties
- Mixed-use developments
- Institutional and educational facilities
- Healthcare and hospitality properties
- Multi-building real estate portfolios
Why Choose UtiliSave for Your Utility Bill Audit Needs?
UtiliSave has recovered over $650 million in utility savings for clients nationwide, maintaining a 94% success rate on initial audits. Our services deliver results through:
- 30+ Years of Experience: Our team has conducted thousands of real estate audit projects for large buildings, developing deep expertise in utility billing practices across all regions and utility types.
- Proprietary Technology: Our advanced algorithms perform comprehensive real estate audit analysis that identifies savings other auditors miss, including complex multi-factor regression analysis.
- Risk-Free Engagement: We operate on a contingency-fee basis—you only pay when we recover savings through our real estate audit work. There’s no upfront cost or obligation.
- Proven Track Record: Our real estate audit clients consistently see average recoveries of 3-7% of their annual utility spend, with ongoing savings that continue year after year.
Get Started With Your Utility Bill Audit Today
Partner with UtiliSave and propel your property management operation to its next chapter. We are constantly innovating and improving our services to ensure our processes remain on the cutting edge of the industry.
Our comprehensive billing analysis solutions are what you need to improve your bottom line and maximize property values across your U.S. building portfolio. Contact us online to learn more about how our utility audit services can deliver immediate utility cost savings for your large U.S. buildings today!
