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Utility Bill Monitoring
SUPERVALU® Retail Accounting Services has partnered with SM Engineering to offer Independent Retailers an opportunity to lower utility costs and recover refunds.
Many factors figure into utility bills and each type of utility constructs their rates differently. As a result of the complexity of this process, many companies rely on the utility companies to select their rates. SM Engineering works with rate structures on a daily basis and their access to information and experience are the best resources you'll find to reduce your charges.
How will SM Engineering work with you?
It's simple. Send SM Engineering your most recent monthly utility bill for electric, natural gas, water and sewer for a free initial analysis. If they find that your bills are in order, they'll return them with a note stating that you're being charged appropriately, and that's it. If they find errors, they'll notify you by sending you an authorization to audit and monitor your utility charges.
How much will SM Engineering charge for this service?
That's the beauty of this system. You don't pay anything out of your current budget. Fees are 50% of any savings or refunds they find for you. Fees are due only after you have received the actual savings.
How do utility overcharges occur?
Billing errors and overcharging commonly occur due to miscalculations or misapplied rates, tariffs, demand charges, fuel adjustments, surcharges, and the like.
Are utility companies deliberately overcharging companies?
Certainly not. Almost every instance of overcharging results from human oversight or computer error. The complexity of the billing process and the thousands of accounts each utility company bills monthly contribute to this potential for errors on your bills.
Couldn't we analyze and audit our bills in-house?
Most companies do, but it is impractical and inefficient to spend the time, training, and hours of research necessary to accurately analyze bills for each utility. This is SM Engineering's area of expertise. Their staff is trained on the latest rate structures and types and have quick access to the needed information through their extensive utility database. SM Engineering applies their cumulative experience to making sure you're paying as little for your utilities as you should be.
More Information?
For more information about how SUPERVALU's partnership with SM Engineering can save you money on your utility bills, contact the Retail Accounting Services group:
- Call 800.423.6715 ext. 2653
- Use our inquiry form
- OR visit SM Engineering's website at www.smeng.com