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Higher Education

University Utility Budgets Are Under Pressure from Every Direction. Audits Help from Day One.

The financial pressures on higher education have intensified significantly. State appropriations have declined as a share of university budgets in nearly every state over the past decade.

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Higher EducationJuly 15, 2025Michael Steifman, CEO

The financial pressures on higher education have intensified significantly. State appropriations have declined as a share of university budgets in nearly every state over the past decade. Federal research funding faces uncertainty. Deferred maintenance backlogs are growing. And energy costs have risen steadily.

Against this backdrop, utility audit recovery is one of the few budget improvements that requires no capital, no lead time, and no trade-offs. It does not compete with deferred maintenance. It does not require a board vote. It does not involve a new fee or a tuition increase.

“Utility audit recovery is one of the few budget improvements available to universities that requires no capital, no board vote, and no trade-offs with other priorities. Refunds typically arrive within 90-120 days of issue submission.”— Michael Steifman, Founder & CEO, UtiliSave®

The typical university audit engagement identifies recoverable errors across 20-40% of accounts, with refunds arriving within 90-120 days of claim filing. The ongoing savings can often continue indefinitely, creating a permanent improvement in the utility budget.

We have completed audits at institutions ranging from community colleges to major research universities. The account complexity and recovery scale differ significantly, but the fundamental finding is consistent: utility bills at academic institutions contain systematic errors, they have been accumulating for years, and they are recoverable.