Utilities Optimization & Conservation  |  Utilities Invoice Management Services  |  Natural Gas  |  Conservation

The Opportunity

Power represents a very significant operating cost for most organizations. By leveraging the best rates available, reducing billing errors, and optimizing consumption, most organizations can significantly reduce their power expenses.

The Challenges

Many organizations have accepted the increasing cost of power as out of their control. Any attempt to reduce or stabilize power rates is complicated by the highly complex tariffs that serve as the basis for the rates charged by providers. Even when you are on what your provider considers the right rate, significantly better rates may be available. Finding and taking advantage of the best rates can save a substantial amount of money. While deregulation is providing some organizations opportunities for additional savings (along with all of the related complications), the move toward deregulation has been relatively slow and it may never become a reality in some areas. However, even without deregulation, considerable savings are usually available.

In addition to complicating invoices, complex tariffs also lead to numerous billing errors. This complexity makes detecting and correcting errors very difficult. Usually only a thorough audit of invoices and all supporting documentation will confirm and substantiate billing errors. Along with the general billing errors, a thorough audit may also detect mistakes related to service, equipment and/or usage charges.

Because of the significant investments in personnel and technology required to validate power consumption, most organizations are unable to confirm (and in many cases, significantly impact) their actual electricity usage.  However, there are many cost effective ways to manage power consumption. 

Our Solution

Ingenuity will audit your power invoices to confirm their accuracy and validate that your charges are based on the best rates available given your organization's usage.  Our team of energy experts and audit specialists understand the myriad of complex issues and will identify alternatives for reducing your rates, as well as recovering previous overpayments.  As part of the audit, we will identify errors related to such issues as rate misapplications, erroneous taxes, meter constant errors, and inappropriate low power factor charges.

Our energy experts will also evaluate alternatives to significantly reduce your power consumption through operational improvements and energy system enhancements in conjunction with rate optimization.  We work with our customers to help them leverage their power savings to fund conservation and efficiency initiatives in order to generate even larger ongoing savings and save our precious resources.

We will take advantage of our enabling technology and significant intellectual capital to identify new, innovative opportunities to reduce your power expenses, while you remain focused on the issues that are critical to your organization.  We will complement and build upon your internal optimization initiatives, as well as any previous external efforts.

Following the initial optimization effort, Ingenuity will provide ongoing Power Invoice Management Services to ensure that all approved recommendations are implemented, all applicable credits are received, future billing errors are addressed, and new opportunities for savings are quickly recognized and implemented.

The Cost

Our contingency-based fees are based entirely on the savings you recognize.  We do not charge any up-front fees and we are paid over time after you receive the related refunds, credits and savings.  Our value-based pricing and long-term focus on customer relationships eliminate any risk for you and provide strong incentive for us to implement the best solutions available.  

Getting Started

It is very easy to get started since we basically do everything from start to finish, requiring very little of your time.  For more information, please contact us at energy@teamingenuity.com.