Contact Information
716.871.1111
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UtiliTarget
A Division of
The Target Group Inc.
4990 Broadway
Buffalo, New York 14043
phone: 716.871.1111
fax: 716.668.0320
email:
info@utilitarget.com
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Case Studies
You never know what to expect in an audit. Some of the clients who are doubtful that we will find anything new are completely amazed at what our process uncovers. We know from experience that there is value in taking a deeper look.
* Utility Bill Audit & Analysis
A Regional Department Store with Locations in PA, NJ, MD, WV, NY, CT, and NH, received a refund of $68,000 from a prior electric supplier for billing errors and received a rate schedule change for one facility that saves $24,000 annually.
We identified $80,000 in erroneous installation and termination charges for a National Financing Company on their data network. In addition, fraudulent credit card use was uncovered as well as minimum charges billed for phone lines that had been discontinued two years prior.
* Cost Reduction
Two pharmaceutical clients, one in research & development and the other in specialized packaging, asked us to help manage their utility expenses.
Both companies are comprised of multiple locations and have large energy expenditures. After completing comprehensive audits, we identified refund opportunities of $180,000 and $150,000 respectively. In addition, recurring savings that totaled approximately $260,000 per year were also obtained through rate changes and timely procurement decisions.
We were able to obtain a $48,000 regulatory based refund for a plastics manufacturer with one location and monthly savings of about $1,600. Additional recommendations for an equipment upgrade and rate change produced another $3,300 per month.
* Outsourcing
A New Jersey hospital facility was looking at a rate increase of over 14% with the start of full NJ electricity deregulation. We negotiated favorable alternate supply rates to maximize savings versus full service default rates. Savings have averaged $9,000 per month.
A Massachusetts property management firm was faced with increasing utility costs across multiple locations. We advised them on best rate choices and handled the confusing alternate supplier shopping process. Electric procurement savings have averaged over $17,000 per month.
* Technology Upgrades
A steadily growing regional bank approaching 50 locations always lived with two different phone systems - one for the branches and one for the central offices and call center. The reason was simple - their central system was just too expensive to roll out across all locations. When their primary vendor demanded expensive software upgrades just to continue to provide support, they turned to us for their options. We wrote the RFP to fit their unique needs and managed the selection process to ensure costs and benefits could be weighed fairly. The implementation took about four months, and they now have a single, reliable system that should meet their needs for a decade, and much lower maintenance costs.