Effective interaction with electric, gas, and water utilities is essential to establishing and maintaining the supply of these critical resources to support business operations. Utility Management provides a complete service, from utility coordination for initial service and tariff rate set-up, to ensuring customers participate in available market programs for rebates, tax credits, and more. Managed payment and data capture from utility bills is also included, allowing for accurate analysis and auditing of utility expenses for anomalies, errors, and price/rate compliance. Prenova’s data management and QA processes ensure that the most precise customer utility data is generated for benchmarking, baseline setting, and budgeting/forecasting, as well as other critical measurement and verification functions affecting costs.

Problem: Most organizations do not have adequate tools or staff to coordinate with utilities on start-up of services, to gather, analyze, and produce meaningful information from utility bills, or to identify and seize market program opportunities. Answers to questions such as “are energy costs on track with last year’s costs?” or “are there rebates which could offset costs of energy efficiency investments?” may be difficult to answer. How does one gain visibility into energy expenditure trends across a large portfolio of facilities to manage costs and improve efficiencies?