Clarity and cost savings for your utility bills 

The landscape of energy billing has become increasingly complex in recent years, driven by changes in government subsidies and regulatory frameworks. This can make it more challenging for consumers to navigate their charges and the factors influencing their energy costs. 

When it comes to managing energy and utility expenses, clarity is key. Utility accounting allows organisations to identify potential savings in their utility bills while also providing useful insight into usage data. 

Spotting errors and recovering costs 

One of the most immediate advantages of our combing through utility bills is the potential to recover costs. Billing errors are surprisingly common, whether due to incorrect rates, duplicated charges, or misapplied taxes. By meticulously reviewing every line of a utility invoice, it’s possible to identify overcharges.  

To effectively reclaim lost revenue, it’s essential to first identify potential areas where billing discrepancies can occur. Here are several key factors we consider: 

1. Unit rates and standing charges: Ensure that the charges reflected on your bill align with the rates specified in your procurement agreement. Inconsistencies in this area can lead to significant overcharges. 

2. Climate Change Levy (CCL): Businesses may be eligible for exemptions or reductions in the Climate Change Levy based on their energy consumption and specific operational criteria. It’s important to verify if these adjustments have been applied correctly. 

To learn more about the CCL, read our blog ‘Navigating the Climate Change Levy’.  

3. Government Subsidies: Various recent schemes intended to alleviate rising energy costs may not be properly utilised or could be overlooked entirely, potentially resulting in excess charges. 

From validation to strategic value 

Our team meticulously reviews all utility bills including energy, water, and gas bills. Once we are confident in the accuracy of the data, we use it to provide strategic insights, including: 

Annual Budgets: We help forecast future utility costs confidently, using real data and trends. 

Accruals: We provide a clear view of what has already been used and owed, simplifying year-end processes. 

KVA Reviews: By assessing your agreed capacity levels, we help avoid unnecessary charges and enhance cost efficiency. 

We can spot trends in your billing and highlight usage patterns, cost anomalies, and opportunities to reduce consumption.  

How can Amber help?  

A major strength of our Utility Accounting service is its integration with our broader support offerings, from Energy Procurement to Net Zero planning. To find out more about our Utility Accounting service, contact us.