Utility Expense Optimization & Strategic Energy Auditing

With numerous transitions within branch locations and an aura of suspicion surrounding potential inaccuracies in utility costs, particularly after acquiring and selling several properties, the conglomerate sought to gain a lucid insight into their utility expenses. The pivotal objective was to decipher and rectify any erroneous charges postulating on their utility costs.

CBI enacted a comprehensive audit of all utility expenses, encompassing natural gas and electricity, for all branches and the headquarters. This audit meticulously identified billing errors at the Southfield, MI headquarters, which manifested in a substantial one-time refund check of $21,999.38. Beyond this, CBI recommended a strategic alteration in electricity distribution codes, which ushered in an approximate $2,300/month in recurring cost reduction and executed a detailed delineation of baseline energy charges across all locations while aiding in invoice consolidation.​ Further, the audit illuminated inconsistencies in 3 accounts at branch locations regarding natural gas rate classifications, introducing an additional annual reduction in recurring costs of $2,000. CBI also spotted an opportunity to procure energy at a diminished rate and deftly negotiated a 10% reduction in natural gas costs across all locations.