Advocacy News – May 26, 2022
As Michigan’s summer season approaches and temperatures steadily rise, what do your business or organization’s utility bills look like?
Most likely higher than expected. Rising costs and inflation on items across the board are one of the key issues businesses have been facing this past year. According to the April 2022 Consumer Price Index (CPI), energy prices have risen just over 26% (26.2) over the last year in Michigan (compared to 30% nationally).
As utilities are one of a business’ top operating expenses, this is the perfect time for a ZERO risk bill review and audit as a special benefit from the Michigan Chamber’s partnership with Tenurgy, a Michigan-based utility expense management firm.
How does it work?
Many factors impact utility bills and errors do occur that are complex and difficult to uncover. That’s where Tenurgy experts come in. They take a deep dive into all utility expenses – gas, electric, telecom (phone, cellular, internet), water, sewer, and waste.
There are no site visits or business interruptions, just a couple of authorization approvals to allow for the gathering and analysis of utility account information, billing history and usage details.
Why should I even conduct a utility bill audit?
There are three main reasons businesses should conduct this type of audit:
- Billing errors do occur regularly.
- Billing details are often difficult to read and to understand.
- Rules, regulations and tariffs are complex, so enlisting a professional who specializes in these details is important.
How long does it take?
The audit process typically takes 4-6 weeks and is performed 100% remotely.
Tenurgy will then provide a free comprehensive audit report revealing all opportunities and recommendations.
What results can I expect?
Nine out of 10 participating businesses have realized annual savings totaling $100M over the last few years, with individual company savings of at least 5 to 15% or more. The other 10% of clients gain peace of mind knowing their business is running as smoothly and efficiently as possible.
Hear what other Michigan businesses like Ford Field have experienced and why this Tenurgy audit program gets the strong recommendation of the facilities director.
What’s the Cost to Me and My Business or Organization?
There are NO up-front or out out-of-pocket expenses. And there’s no obligation. Only if and when savings are discovered and activated does Tenurgy receive a portion of that saved amount.
Put the Tenurgy-Michigan Chamber partnership to work for you today. Whether you’re in manufacturing, healthcare, food and agriculture, commercial education, a non-profit, or more, see if there are costs you can cut and dollars you can save. Learn more today at www.michamber.com/mi_chamber_members/tenurgy/ or at tenurgy.com/.