Utility Audit - Why a Utility Bill Audit Will Help Your firm

Non Profit Bylaws Template California - Utility Audit - Why a Utility Bill Audit Will Help Your firm

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Why The Utility Bill Audit

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Non Profit Bylaws Template California

As a enterprise owner you have a million things to do, it is said that on any given day you wear many hats. You come to be quite proficient at everything from strategic planning, operations management, shipping and receiving, even a little baby sitting (of some of those less than distinguished employees) and taking out the trash. It cannot be said that you do not earn your keep. However, can you indeed be expected to be all finding and all knowing in every facet of your business? Just like you hire a lawyer or an accountant or a secretary for that matter there are things you probably should delegate. A utility bill audit is one of them; this should be delegated to someone or a enterprise who knows the ins and outs of galvanic and gas bills and the utility providers' tariff.

Who Needs a Utility Bill Audit

A utility bill contains many charges, most of which make little to no sense to the untrained eye. You might be used to finding at the 'bottom line' charges of the bill; however, look closely at all of the charges on your galvanic utility bill for example--there are probably at least six line items. You might have seen a box showing you the kilowatt hours used, but what is that other box showing usage for something called question or Kw. What about the Kva or power factor or maybe Kva penalty charge? Moreover, what about all of those riders that show up - the ones not related with usage like the customer charge, installation charge, franchise fee, line prolongation fee, correction fee, franchise tax, and the state and local taxes? A utility audit - performed by a distinguished utility bill auditor can help make sure that all of these charges on your bill are accurate and at the right rates for your particular company.

What's complicated in a Utility Bill Audit

Most audits involve the auditing of your galvanic and gas bills. Some consist of your water and sewer and even telephone bills. However, unless your enterprise uses water in some kind of production process usually only the galvanic and gas bills need auditing. A good auditing enterprise can usually get away with just getting a up-to-date copy of your galvanic and/or gas bill to begin the evaluation. With your authorization, they then sense the utility enterprise to get the billing history detail. The auditing company, as a rule, should already be an master on your utility provider and its relevant tariff. With the bill and some historical data, they can then audit your bill and determine if you are being charged correctly.

The Utility Bill Audit Will Save You Money

Often times, an galvanic or gas bill audit will supervene in savings. These savings can be a monthly drop in fees related with how you are being charged on a per unit, i.e., kWh, kW, kVa, or therm basis. These savings might come as a repayment or composition of both. Experts appraisal that at least 50% of all manufacturing, governmental, and non-profit organizations are being overcharged each month. Refunds can whole to thousands of dollars even for the smallest of companies. Most overcharges are recurring, which can indeed add up over time, the refunds related with these can go back thirty-six months. Most bill auditing clubs do not fee unless they can save you money. Their fee is usually based on a split (50% is common) of the savings. Therefore, having the audit done is indeed a risk-free endeavor; so the next time you are approached by one of these auditing companies, don't be quick to dismiss their merits, as what they are gift is a legitimate opening to save you money on your utility costs.

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