Electricity
Transform the way you manage expenses with our patented AI technology and industry-leading consultants
Overview
Electricity is one of the biggest factors affecting business costs, particularly when it comes to overall energy expenses. In 1979, electricity may have only represented 38% of energy usage for businesses, but that number rose to 55% in 2003 and continues to increase today. The fact is that electricity is now one of the biggest utility expenses for businesses, making it important to take steps to reduce these costs.
- An analysis to identify whether each account was on the most appropriate delivery schedule.
- A review of all applicable aspects of the taxation of electricity including, but not limited to; state and local sales tax, gross receipts tax, utility tax, and energy tax.
- An examination of supply costs in deregulated markets to assure that present pricing is in line with what the market dictates.
Our Process
Consult
Access 16 cost-saving solutions spanning 4 subcategories (Utilities, Contract Services, Financial Services, and Commercial Real Estate). There is often one, or more, areas in which we can aid our clients.
Audit
Cost Savings deploys proprietary knowledge, methods, and superior technology to thoroughly analyze invoices and services for errors, anomalies, and inefficiency in billing. Clients can login to track the progress of each audit, at each location, in “real time” using our Client Portal.
Advise
An interim report of findings can be downloaded at any time during the audit process through your CostSavings360™ Dashboard. A formal report of our audit recommendations is provided by Cost Savings on every audit project.
Deliver
Where some audit firms simply make recommendations, Cost Savings will assist you to implement the cost savings and obtain the refunds that we identify. We will act as your project lead, completing paperwork and compiling claim documents for your review that are required to realize the benefit of what we propose.
Achieve
As a contingency-based service we only invoice for cost savings and refunds if, and after, the client realizes them.
Visually Track Your Cost Savings
With Our Proprietary Client Portal
Visually Track Your Cost Savings With Our Proprietary Client Portal
View makes it easy to effectively assess your audit in real time, view detailed savings and analysis reports, approve/ decline recommendations and communicate with your live auditor.
Unlock Your Potential, Explore Our Dynamic Courses!
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Services You Can Trust
At Cost Savings, we are passionate about serving our clients, increasing operating efficiency and cutting costs. We treat each client the same to identify cost saving opportunities, and provide the absolute best solutions.
