Here is the definition of a 3-step utility audit:1. Utility bill audit of all common-area utilities to uncover past and present utility overcharges.
Board members and homeowners look to community managers for professional guidance on managing their associations for long-term sustainability and sound economic advice. As October, 2016 approaches, it is budget review and approval time for most businesses and associations.
Property managers must approve dozens of bills for payment daily. Of these bills, the majority are almost always utility bills!Trying to intelligently decipher and understand a utility bill is like trying to read Latin when you don’t have a translation book.
Why Associations Should Do It All: Utility Audits, Energy Audits, Conservation, Equipment Upgrades, Retrofitting, Rebates and Brokering…But In The Right Order!
Utility Audits, Energy Audits, Conservation, Equipment Upgrades, Retrofitting, Rebates and Brokering … But In The Right Order! WHY IT IS IMPORTANT TO DO ALL IN THE RIGHT ORDER!
1. Incorrect Rate Schedules, 2. Sewer Fees For Irrigation Water, 3. Misread Meters, 4. Misplaced Decimal Points