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Utlilty and Telecom PDF Print E-mail

Four Simple Facts...

  • 1.Utilities are one of a company’s top three operating expenses…
  • 2.According to one study, "4 out of 5 commercial or industrial customers are over-billed by the utility at some point."“These systemic, chronic-type billing problems, they exist all over the place," said the director of auditing at TeleTruth, a New Jersey telecommunications watchdog group, and former member of the FCC's consumer advisory committee.-The Washington Post

  • 3.On average, 90% of our customers save money…
  • 4.The end user is responsible for selecting the best rate for their level and pattern of usage..."A utility does not automatically give an industrial or commercial customer the best rate when more that one rate is available."The Wall Street Journal

 Areas of Expertise...

  • Natural Gas
  • Natural Gas Bulk Purchasing
  • Propane Gas
  • Propane gas Bulk Purchasing
  • Electricity
  • Electricity Deregulation
  • Local/Long Distance Phone Service
  • High-Speed Internet Access (T1, DSL, Cable, etc.)
  • Cellular Service
  • Water/Sewer
  • Trash/Refuse Removal

 Why use National Audit Recovery Group, LP?

  • Significant savings can be generated through careful management of utility expenses
  • Every utility & telecom company deals with:
    • -multiple tariffs
    • -thousands of invoices
    • -nvoice reconciliation against contracts
    • -accuracy of inventory & consumption
  • Invoices often contain significant errors from:
    • -erroneous billing
    • -services not ordered or already disconnected
  • Significant financial recovery can result from monthly billing reviews and ongoing maintenance
  • Additional savings are realized from negotiating best-in-class contracts
    • -identifying favorable rates
    • -appropriate terms and conditions

 

The National Audit Recovery Group, LP Solution:

  • Audit Services
    • -Identification of billing errors
    • -Expeditious recovery of overpayments via credits or refund
    • -Confirmation that invoices reflect facilities and services utilized
    • -Improved cost visibility, decision-making and purchasing power
    • -Vendor analysis and negotiations
    • -Current contract reviews
    • -Rate audit and tariff research
  • Reporting
    • -Gain control and insight into your expenses and reduce overall costs
    • -Presentations include graphs and consumption trends
    • -Action plan to realize savings and refunds

 

Here's the process...

  • Initial Meeting
    • A meeting is coordinated to review your history, utility spending and decision-making process
    • *This meeting may quite probably be a telephonic meeting unless there is over $100k in billings

              Document Collection

    • A signed Service Agreement
    • Letter of Authorization
    • Past 12 months' billing for gas, electricity, water, and waste
    • Past 3 months' billing for all telecom services

             Analysis

    • Extensive research, audit, and analysis to present a savings strategy
    • Second meeting to discuss savings options and how best to proceed

 

  • On-going Maintenance
    • After activating your savings and refunds, we continue to search for additional savings opportunities
    • We handle all follow-up to ensure all refunds and savings are processed correctly in a timely manner
    • We assure the savings plan we implemented stays in place on an on-going basis

 

Sample Refunds and Credits:

  • Telecommunications
    • A Detroit Manufacturer was awarded a $104,856 check from their network provider
    • A Health Center was issued over $40,000 in network credits and refunds
  • Electric
    • A Detroit Grocer received over $110,000 in electric refunds across several account
    • Another Grand Rapids grocer recovered $46,196 from an electric utility company
    • An automotive supplier received $60,410 from a past Alternative Electric Supplier (AES)
  • Natural Gas
    • A Northern Michigan manufacturer received electric and gas refunds totaling over $30,000
    • A non-profit retirement center received just over $12,000
  • Water/Sewer
    • State Hospital in Michigan recovered over $36,000 with interest in a water/sewer refund
    • Mid-Michigan Community College was refunded $28,500 in water/sewer billing errors

 

Ready to get started TODAY!?

Just click here and complete the online audit request application...you will receive by email or fax a Service Agreement and a Letter of Authorization for your signature.  Simply fax these to our home office @ 800-856-4351 and you will be contacted shortly thereafter by one of our professional auditors.  Remember, you will need to gather the following:

  1. Past 12 months' bills from all of your utility providers
  2. Past 3 months' bills from all of your telecom providers