Utility Bill Auditing
A utility bill audit is the most effective way for large companies to identify billing errors and recover overcharges. Large companies like yours spend a significant amount of money on utilities, more than necessary in many cases. According to the U.S. Energy Information Administration, commercial buildings consumed $142 billion in energy costs in recent years, representing $23,900 per building on average. These costs make utility bill accuracy critical for business profitability.
A comprehensive data optimization service like a detailed utility bill audit executed by UtiliSave can provide insight that leads to substantial savings for your business. Since our founding in 1991, UtiliSave has helped our clients save hundreds of millions of dollars by correcting overcharges and identifying savings opportunities. In many situations, we recover additional sums that result in hundreds of thousands of dollars in savings for individual clients.
How Does Our Utility Bill Auditing Process Work?
Our utility bill audit services consist of an eight-step process:
- Information packet review: You’ll provide us with the essential information required to begin an audit, including one recent invoice for each utility account or access to your payment provider.
- Secure utility date: We’ll contact the utility companies your company works with to obtain historical billing data and upload it to our proprietary software for data analysis.
- Audit execution: Our algorithms and multilevel analytical processes will review your company’s utility data for the previous six years and vet the results.
- Site inspection determination: We’ll decide whether on-site utility bill checking is necessary and schedule a convenient time if applicable.
- Adjudication: Our auditors will begin the closure process by submitting our findings and supporting data to the utility companies.
- Notification: A UtiliSave utility bill auditor will inform you of any significant savings issues our audit uncovers.
- Refunds, credits and savings: The utility company will issue a refund or an account credit if we determine they owe your business.
- Ongoing audits: We’ll continue to monitor your accounts, adding value to your utility expense management process.
Why Our Utility Bill Audit Service Delivers Results
At UtiliSave, utility bill audit services are our sole business. This singular commitment, combined with our decades of experience and unparalleled proprietary software, has enabled us to find savings in 94% of the cases we accept. We’re also adept at uncovering savings that other utility bill audit companies miss.
Our utility bill audit process differs from competitors because:
- Comprehensive Analysis: Our utility bill audit examines 6 years of historical data, not just current billings
- Proprietary Technology: Advanced algorithms perform regression analysis to identify billing anomalies
- Expert Team: Certified auditors with decades of utility bill audit experience
- Results-Based: We operate on contingency, no fee unless we find savings
Client Testimonials on Our Utility Bill Audit Services
Ready to Start Your Utility Bill Audit?
Discover how the experienced utility bill auditors at UtiliSave can help your company achieve substantial utility bill savings, regardless of your industry. Take the next step and submit our online contact form to request additional information about our utility audit solutions.
Contact Us today to learn more about how a comprehensive utility bill audit can recover thousands or millions in overcharges for your organization.
