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.
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
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.
1040 Monarch St. | 3rd Floor
Lexington, KY 405413
877-247-3007
Copyright 2025. Madison Energy. All Rights Reserved.