Utility & Telecom Audits

Utility and Telecom Audit [Free Download]

80% of companies across the US are overspending on their utility and telecom expenses.

Why be one of them?

In a time when most companies are scrambling to try to cut expenses, a telecom audit may be the perfect way for you to start saving on recurring expenses.

In this free download, you’ll learn:

  • 4 reasons you’re a great candidate for an audit

  • 4 hidden utility and telecom problems you likely have

  • What a utility and telecom audit is

  • How much you could save with a utility audit

We’ve distilled all of our industry knowledge into a few short sections for your convenience.

Utility Audits: The 4 Ways You Never Knew You Were Overspending

 You need an audit because there’s a 80% chance you’re sitting on savings. This means you’re likely loosing thousands of dollars every year, simply because you haven’t had a free utility audit like ours.

Over the past decade, we’ve found that there are 4 ways that most companies overspend. They:

  • Need a different utility rate structure

  • Have invoices with errors

  • Have overlooked tax exemptions opportunities

  • Are paying for services or meters that are not used

Fix this issues, and you’ll likely have a new problem: what to do with the extra $2000 a month that you suddenly have!

You Likely Need a Different Utility Rate Structure

There are three parts to utility rate structures: customer charges, demand charges, and supply charges. 

They’re not all the same. Pick the wrong one and you may overpay. And to be honest, a lot of companies do.

During our audit, we find the rate structure that’s right for you. If we recommend changing your utility rate structure, it’s because you’ll save as the result. If this is the case for you, we will navigate the transition on your behalf and monitor your invoices to ensure your new rates are correct.

We don’t just find ways you can save, we follow through to make sure you can find things.

Your Invoices Have Errors

Few companies have the resources to review and monitor their invoices. It’s one of those things that can easily get lost in the sight of more urgent tasks. But it’s worth it to do because of how much it can save you.

Say you’ve been charged $500 a month for the past six months, but this month you get a bill for $700. You’ll know you need to investigate! Maybe the larger bill is the result of a usage spike - or maybe not.

Know your bill history and these anomalies will stand out to you. 

 You’re Missing Out On Tax Exemptions

When it comes to tax exemptions, it’s often ideal to have expert help. Different business can qualify for different statuses - depending on which state you’re in and which government regulations apply. 

Tax codes can be complicated and overwhelming, but the business that know how to take advantage of the savings opportunities in them can come out ahead - way ahead, in some cases!

 Business utilities can be tax deductible. Some companies can include them on the “other deductions” line item on their tax return. But you’ll want to make sure that filing as such complies with state regulations. 

You’re Paying for Unnecessary Services or Meters

Over time, companies change. They get larger, and responsibilities change hands. In the process, some details can get overlooked. An audit can find services and meters that are no longer in use, but are still being charged.

Sometimes it takes another set of eyes to find these overlooked details!

Utility Audits Yield Savings

Reviewing your rate structure, your invoices, and your exemption options can yield savings.

Utility bills are non-negotiable - everyone has to pay them! But they’re also recurring, so the savings you enact today will affect your companies bottom line for years to come.