Advocacy News – December 23, 2021
With 2022 fast approaching and the heart of Michigan’s winter season coming upon us with temperatures steadily dropping, what do your business or organization’s monthly fixed costs look like?
Most likely a little higher than expected. Rising cost and inflation on items across the board are one of the key issues businesses have been facing this past year. According to the November Consumer Price Index (CPI), energy prices rose 30% over the last year.
As companies seek ways to reduce core operating expenses now more than ever, the new year is the perfect time for a ZERO risk bill review as a special benefit from the Michigan Chamber’s partnership with Tenurgy, a Michigan-based utility billing expense management firm.
How Does it Work?
Many factors impact 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.
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 ten participating businesses have realized annual savings totaling $100M over the last few years, with individual 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.
Tenurgy will also provide continuous monitoring to help ensure adjustments remain in place while looking for future savings opportunities.
“One of the benefits of Tenurgy, even more so today, is they were able to work through and complete the audit remotely. To our pleasant surprise, Detroit Country Day School is in line to save over $120,000 annually between our electric, natural gas and telecommunications accounts” – Patricia Brand, Chief Financial Officer, Detroit Country Day School.
“Once we submitted all the necessary documents, Tenurgy did the rest and provided a detailed summary with their findings. They were able to find Pleasant View Shiawassee County Medical Care Facility over $30,000 in annual savings” – Shana Espinoza, Administrator, Pleasant View Shiawassee County Medical Care Facility.
What’s the Cost to Me and My Business or Organization?
There are NO up-front or 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 Tenurgy 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/business_solutions/utility-savings/ or www.michamber.com/mi_chamber_members/tenurgy/. Or by contacting David Brownback at dbrownback@michamber.com.