Turning Utility Oversights into Your Bottom Line

Advanced Utility Invoice Auditing Solutions

Madison Energy provides comprehensive utility invoice auditing services designed to identify billing errors, recover overpayments, and optimize ongoing utility expenditures across electricity, natural gas, water, and telecommunications accounts. Our professional audit team applies sophisticated analysis methodologies to scrutinize historical and current utility bills, uncovering discrepancies that typically go undetected through standard accounts payable processes. With our systematic approach to utility invoice review, we consistently deliver substantial cost recoveries and ongoing savings for clients across all industries and utility types.

Our utility auditing practice has analyzed tens of millions in utility spend, identifying and recovering significant overcharges while implementing corrective measures to prevent future billing issues. Our audit specialists possess deep knowledge of utility tariff structures, billing practices, and regulatory frameworks across all service territories. This expertise enables us to recognize subtle errors and misapplications that impact

your bottom line, from improper rate classifications to metering inaccuracies and billing calculation errors.

Madison Energy implements a rigorous multi-stage audit process that leaves no aspect of utility billing unexamined. We begin with comprehensive data collection and normalization, establishing a reliable baseline for analysis. Our specialists then conduct detailed reviews of rate applications, demand calculations, consumption patterns, riders and surcharges, taxes, and special contract terms. This thorough examination identifies anomalies that indicate potential billing errors or optimization opportunities. For each finding, we develop detailed documentation and corrective action recommendations, prioritized by financial impact and implementation complexity.

Our audit services address all aspects of utility billing, including:

  • Rate schedule verification and optimization

  • Demand measurement and calculation review

  • Power factor penalty analysis and mitigation

  • Sales tax exemption identification and application

  • Utility rider and surcharge validation

  • Meter multiplier verification

  • Billing cycle alignment and optimization

  • Duplicate payment identification

  • Service classification accuracy

  • Contract term compliance

  • Comparison with similar facilities

  • Historical consumption pattern analysis

  • Late payment and estimated billing penalties

  • Interconnection agreement verification

When billing errors are identified, Madison Energy manages the entire recovery process on your behalf. Our specialists prepare comprehensive documentation packages, file formal claims with utility providers, and negotiate directly with utility representatives to secure appropriate refunds. We maintain persistent follow-up until all valid claims are resolved, ensuring maximum recovery without burdening your internal resources. For complex disputes, we leverage our established relationships with utility account representatives and regulatory specialists to expedite resolution.

Our audit services address all aspects of utility billing, including:

  • Rate schedule verification and optimization

  • Demand measurement and calculation review

  • Power factor penalty analysis and mitigation

  • Sales tax exemption identification and application

  • Utility rider and surcharge validation

  • Meter multiplier verification

  • Billing cycle alignment and optimization

  • Duplicate payment identification

  • Service classification accuracy

  • Contract term compliance

  • Comparison with similar facilities

  • Historical consumption pattern analysis

  • Late payment and estimated billing penalties

  • Interconnection agreement verification

Beyond initial audits and recovery, Madison Energy offers continuous utility bill management services that prevent future errors while providing enhanced visibility into your utility expenditures. Our comprehensive utility bill management includes:

  • Automated bill validation against established parameters

  • Proactive identification of billing anomalies

  • Consolidation of multiple utility accounts

  • Standardized reporting across diverse utility providers

  • Usage and cost allocation to departments or cost centers

  • Budget variance analysis and forecasting

  • Greenhouse gas emissions reporting

  • Benchmarking against industry standards

  • Utility data integration with existing accounting systems

Partner with Madison Energy to transform your approach to utility cost management from passive bill payment to strategic expenditure optimization. Our utility invoice auditing solutions deliver immediate recoveries while establishing systems to prevent future billing errors, providing sustained value across your utility portfolio.

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1040 Monarch St. | 3rd Floor

Lexington, KY 405413

877-247-3007

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