Utility Bill Management Service
Utility Bill Management Service
Every business can benefit from reduced utility bills. Not only can you realize cost savings, lower utility costs can also help reduce its environmental impact sustainability goals.
A recent study by the Energy Information Administration predicted that heating your business with electricity could cost 10% more this year than last year. And, costs for heating with natural gas (28%) and oil (27%) are also expected to rise. That can be a very large expense for any size of business.
One very efficient and effective way to lower these costs is through a utility audit. This is a process where we evaluate your company’s use of utilities such as electricity, water, waste disposal and natural gas.
At Strategic Business Advisors we understand the complexity of utility rules and regulations and can help you minimize utility expenses and maximize utility refund opportunities.
Our Services Include:
- Billing Error Identification
- Overpayment Recovery
- Improve Cost Visibility
- Vendor Analysis
What Goes Into a Utility Bill Management Service Audit?
A utility bill management services audit is a comprehensive and detailed inspection of your business’s energy, water and sewer usage. This report will identify all of the areas where you may be wasting energy/water and provide recommendations on how to reduce those costs.
Utility bill audits can help save your business money by reducing energy bills, improving efficiency, and finding hidden leaks. Per the New York Times, many companies are saying utility bills could hike by as much as 32% this winter. So, by uncovering these problems early, a business is in a better position to take appropriate action to improve their bottom line.
The audit will also include an assessment of the performance of your current equipment and the feasibility of installing new technology or upgrading old equipment. This information will help you make informed decisions about how to best manage your resources.
What Impacts an Utility Audit?
An utility audit can help identify and reduce your businesses energy, water and sewer fees.
By performing an assessment of your property, the Strategic Business Advisors’ team will be able to determine where you are wasting the most energy and recommend ways to improve your overall efficiency. We’ll also suggest measures to protect yourself from potential financial losses due to inadequate air conditioning or heating in harsh climates.
A comprehensive utility audit can help your business save money on electricity bills, improve the air quality inside your facility, and protect the environment.
When you decide an audit is right for you, here are some very important factors to consider as part of the audit:
- The size of your facility will impact the cost and scope of the audit. A small office might only require a basic inspection, while a large industrial plant may need more extensive work.
- The type of business will dictate which parts of the building require attention. Restaurants typically use more energy than offices, so that an auditor might focus on restaurant areas during their review.
- Reviewing current rules and regulations is essential because they may impact how your business operates currently or in future years. For example, recent changes to federal lighting requirements could impact how much power you use at night or encourage you to switch from gas to electric heating sources in wintertime periods.
Available documentation (such as heat maps) can provide valuable information about where potential problems exist with regard to energy usage or emissions levels within a facility. This information can be helpful in prioritizing which areas deserve closer scrutiny during an audit.
Benefits of Utility Bill Management Services
- Reduced Utility Expenses
By understanding your energy use patterns and water and sewage use then making changes where necessary, you can reduce your overall spending on utilities. This is especially important if you operate in an area that is expensive to power or has high electricity rates.
- Identify Billing Errors
Regular audits allow mistakes to be identified and corrected before they become serious issues. This prevents costly charges from being incurred, or worse yet – lawsuits filed due to erroneous payments.
- Overpayment Recovery
Overpayment recovery. If you overpaid your business utility bill, auditors could help you recover the money you mistakenly paid. This can save you time and hassle in getting your account sorted out and save money down the line.
- Personalized Recommendations
Recommendations on the business utility bill auditing are becoming increasingly popular among businesses. By providing personalized recommendations, companies can save time and money while ensuring that their customers are receiving the best possible service.
- Improved Cost Visibility
In order to improve the cost visibility of the business utility bill auditing, it is important to have accurate and reliable data about what expenses are associated with which services. A variety of methods can be used to gather this information, such as surveys, customer feedback forms, and data analysis.
- Vendor Analysis
When you are looking at a potential vendor for your business, one of the first things you’ll need to do is evaluate their performance record. It would be best if you asked them about any past complaints or issues they’ve been involved in and their overall customer satisfaction ratings. It’s also helpful to know what type(s) of services they offer and whether those services meet your needs and requirements.
Why Choose Us to Reduce Utility Bills as Your Business Grows?
Utility costs are a major expense for most businesses, and they can quickly become unmanageable if not addressed promptly.
That’s where we come in – We offer comprehensive utility cost reduction services that will help your business save money on energy bills while improving the overall efficiency of your operations.
We understand that businesses have different needs when it comes to utility reduction, so we tailor our approach specifically for you.
Choosing us to reduce your utility costs is a smart decision. Not only will we help you save money on your utility and stage bills, but we’ll also uncover the best pricing options so that you can realize optimum savings. We work diligently to ensure that our clients reach their desired results while spending less money overall.
Why wait? Let us reduce your energy costs today! Contact us today to learn more about our utility bill management service.