Utility companies consider many different factors when they put together your utility bill. Rates, tariffs, demand charges, revenue taxes, surcharges, fuel adjustments, reactive charges, and miscellaneous credits can all be miscalculated or misapplied to your bill. Without a rate analysis, it’s impossible to know if you’re being charged appropriately on your utility bill. Read on for some examples of how we helped real companies save hundreds, and in some cases thousands, of dollars on their utility bills!
Some Real-World Examples of Utility Rate Savings
Mattress Manufacturer
By simply switching a mattress manufacturer’s general service rate to small general service, we saved the manufacturer $589 a year.
Aviation Electronics Manufacturer
We helped an aviation electronics manufacturer save $488 annually by switching their general service time of day rate to a general service rate.
Chemical Manufacturer
By changing a chemical manufacturer from a general service rate to a medium general service rate, we saved the company a whopping $9,692 a year. Here’s what the chemical manufacturer had to say about working with us: “My experience working with SM Engineering has been nothing short of positive. They are an extremely professional organization who is courteous, timely, and organized. SM Engineering has provided a great service to me and my company and I fully endorse their services.”
Save Money without Changing Your Usage Habits
The first step in a rate analysis is to reverse engineer an accurate bill based on current utility tariffs and reconstructing your bill based on your actual incremental rates. Comparing utility charges to the actual tariffs helps us uncover billing, meter reading, and computation errors quickly. Then, we take a look at credits and zone pricing. If we discover you’re not taking advantage of an available credit, we’ll apply for the credit for you.
Utility rate analysis often helps you save money without changing your consumption habits. Water meter size is a good example. The meter charge on your water bill is based on the size of your water meter. The bigger the meter, the higher the charge. Downsizing to a smaller meter doesn’t affect your daily operations but can save you thousands.
Identifying proper rates, fees, and credits can help you save thousands of dollars on your annual utility bills. It all starts with a quick conversation with SM Engineering. Contact us today to schedule your no-obligation rate analysis.
