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ELECTRICITY BILL AUDIT

Revenue Source Group’s seasoned electric bill consultants possess specific knowledge and practical experience in the field of electricity pricing, contracts, and billings. We know the laws, rules, procedures, and policies (both written and unwritten) of the power providers. Our staff is extremely talented at taking that knowledge and experience and transforming it into additional profit for our clients.

Over the years, we have developed Error Detection Software that enables us to better identify electrical billing errors, mistakes, and overcharges. Depending on the complexity of the account, we may seek the answers to 20 – 40 different specific questions.

We will build a spreadsheet for each qualified electric account. Each month when we receive the power bill copies, the spreadsheet is updated. One benefit of having us review your utility accounts is we will provide free monitoring whether savings are found or not.

How we approach electric bill audits:

We begin by entering data from the actual bill copy into our spreadsheets.

Depending on various factors, we may need to visually inspect the meters.

Depending on various factors, we may inspect the facility to understand how the power is being utilized and to identify the specific meter and transformer configuration.

Process the data with our Error Detection Software to locate billing errors or overcharges.

Perform trend and rate analysis.

Process data to identify ongoing or future savings.

Research the market for alternate suppliers at more competitive price points.

Engage with staff in creative brainstorming session to possibly identify additional savings.

Make written presentation of recommendations for credit, refund, rate enhancements, or other savings opportunities.

Implement approved recommendations with the power supplier.

Monitor and follow up to ensure all credits, refunds, or savings are actually identified on the electric bill.

Monitor billings on a monthly basis to flag any changes, anomalies, or newly discovered savings.

Please review our Case Studies for examples on specific utility bill savings and refunds.

To learn more about how we can increase your bottom line, contact Hank Faulkner online today!