Advisory & Audits
Accuracy With Utility Bill Audits .
We audit electric and gas utility bills to identify billing discrepancies and opportunities for bill refunds.
Advisory & Audits
Accuracy With Utility Bill Audits .
We audit electric and gas utility bills to identify billing discrepancies and opportunities for bill refunds.
We deliver solutions that help you correct errors and save
Historical Audit
A 36-48 month look back into your utility billing history to identify areas where you were overbilled.
Sales Tax
In some states and jurisdictions, utility bills are exempt from sales taxes. We ensure that you are not overpaying.
Rate Classifications
During the audit, we ensure that your utility is billing you according to the proper rate class and tariff.
Types of Audits
We audit all utilities including electric, gas, water, sewer, waste, telecom, wireless, taxes and more!
We deliver solutions that help you correct errors and save
Historical Audit
A 36-48 month look back into your utility billing history to identify areas where you were overbilled.
Sales Tax
In some states and jurisdictions, utility bills are exempt from sales taxes. We ensure that you are not overpaying.
Rate Classifications
During the audit, we ensure that your utility is billing you according to the proper rate class and tariff.
Types of Audits
We audit all utilities including electric, gas, water, sewer, waste, telecom, wireless, taxes and more!
Historical Utility Bill Audit
Obtain refunds and bill reductions
Fixed $ / kWh for term of agreement
Hedge utility costs for up to 5 years
In the money when market is high
Utility invoices are complex and prone to errors. In fact, we have found that close to 80% of utility bills contain some sort of discrepancy. Our audit is contingency-based meaning you do not pay unless we find you money!
Sales Tax Reductions
Obtain refunds and bill reductions
36 – 120 month eligibility
Correct sales tax billing errors on utility bills
All fees are contingency-based
In many states, sales tax is exempt from certain utility bills or from utilities used in specific processes. Our team of sales tax experts will find the areas where you might be overpaying, and obtain refunds on your behalf.
Types of Utility Audits
We audit all utility invoices and billings
Electric and natural gas
Waste and water
Telecom and wireless
In addition to electricity and natural gas, we also have the ability to audit other utility invoices. We specialize in auditing waste bills, water bills, sewer bills, telecommunications bills, wireless bills, and more!
Historical Utility Bill Audit
Obtain refunds and bill reductions
Fixed $ / kWh for term of agreement
Hedge utility costs for up to 5 years
In the money when market is high
Utility invoices are complex and prone to errors. In fact, we have found that close to 80% of utility bills contain some sort of discrepancy. Our audit is contingency-based meaning you do not pay unless we find you money!
Sales Tax Reductions
Obtain refunds and bill reductions
36 – 120 month eligibility
Correct sales tax billing errors on utility bills
All fees are contingency-based
In many states, sales tax is exempt from certain utility bills or from utilities used in specific processes. Our team of sales tax experts will find the areas where you might be overpaying, and obtain refunds on your behalf.
Types of Utility Audits
We audit all utility invoices and billings
Electric and natural gas
Waste and water
Telecom and wireless
In addition to electricity and natural gas, we also have the ability to audit other utility invoices. We specialize in auditing waste bills, water bills, sewer bills, telecommunications bills, wireless bills, and more!
What Is A Utility Bill Audit?
A utility bill audit is a process where a utility auditing company or utility auditor analyzes a company’s utility bills to check for errors, billing discrepancies, and other mistakes. Since utility bill calculations can be very complex, the billing statements are prone to errors and billing overages. There are a few main areas that a utility auditing firm will look at when performing a utility bill audit:
Basic Tariff Calculations
First, it’s best to simply look at the utility tariff to identify if the company is being billed properly. Tariffs are sometimes thought of as taxes in colloquial language, but utility companies also call their billing schedules tariffs. In deregulated energy states, the utility delivery charges, and supply charges in regulated states, are governed by the local utility tariff. When the utility company is not calculating these tariffs properly, it could mean a billing error and a refund is due to the customer.
Meter Read Errors
With the advent and implementation of smart meters in electricity and natural gas billing, many businesses are subject to a meter read error. These errors can occur on manually read meters as well as electronic meters and can be a computer or human error. If the manual read is not recorded properly, then the business could be charged for more energy than they consumed. Many electronic meters, on the other hand, use multiplier calculations to determine the total energy consumption in a building. When these equations are off, they can deliver higher meter readings.
Sales and Use Tax
Another aspect of a utility audit has to do with sales and use tax. In some states and jurisdictions, certain types of businesses or business processes are exempt from all or some of the sales tax paid on a utility bill. Understanding these specific rules can be very cumbersome, especially when there are multiple locations across different states. A good utility auditor will be able to calculate your sales tax exemption status by location and even claim refunds for sales taxes that might have been paid erroneously.
Simple Process
1. Submit Your Bill
Submit a copy of a recent electric invoice.
3. Savings Analysis
We will present you with a detailed savings analysis.
2. We Perform Analysis
We will pull your historical usage and conduct an analysis.
4. Contract & Save
Execute a supply agreement and start saving!
Bill Audit Benefits
Having a utility bill audit done at your business or organization can be very beneficial. Not only will a utility auditor be able to discover if you have been overpaying on your utility bills, but they can also make recommendations for future cost savings based on your utility accounts and profile. Here are some of the top benefits of a utility audit.
Refunds For Overages
One of the best aspects of a utility audit is that if the auditor is successful in finding errors on your bills, then you might be entitled to a refund. When a utility billing error occurs each month and was an error made by the utility company, then you might be entitled to a refund. And, some utility bill refunds can be substantial based on the size of your bills.
Achieve Accuracy
Another key outcome of a utility audit study is that you come out on the other side knowing that your utility bills are now accurate. Nothing is worse than thinking that you might be overpaying on certain bills. A utility audit is a great way to clear the slate and get your bills in order once and for all.
More Than Just Energy
Most utility audit companies, including My Business Concierge, will audit all aspects of your utility costs and not just your electricity and natural gas bills. Our utility bill audits include waste bills, telecom bills, internet bills, wireless bills, and even water and sewer bills. This gives you a chance to save money across all of your utility providers and reduce costs significantly.
Still Have Questions?
Looking For Ways to Reduce Costs at Your Business ?
Our team of professionals has decades of experience structuring low-cost energy supply arrangements and servicing commercial & industrial customers.
© 2024 | Privacy Policy
About My Business Concierge
As the premier business consulting group nationwide, My Business Concierge is dedicated to introducing innovative solutions that lower overhead, minimize tax liability, and fuel business growth.
My Business Conciege, LLC DOES NOT provide any legal or accounting advice and users of this web site should consult with their own lawyer and C.P.A. for legal and accounting advice.
© 2024 | Privacy Policy
About My Business Concierge
As the premier business consulting group nationwide, My Business Concierge is dedicated to introducing innovative solutions that lower overhead, minimize tax liability, and fuel business growth.
My Business Conciege, LLC DOES NOT provide any legal or accounting advice and users of this web site should consult with their own lawyer and C.P.A. for legal and accounting advice.