According to a survey by energy bureau service provider Team, public and private sector organisations are wasting millions of pounds by not checking their utility bills properly.
Analysis of 200,000 utility bills suggests that such organisations could reduce their utility bills by 3.5%, which could add up to £147m for the public sector alone. Most errors were found in gas bills, where 6% recoveries could potentially be made, followed by water (4.1%) and electricity (2.8%).
Team’s Paul Martin explained: “Utility bills are a rich source of information but are complex and difficult to understand for most organisations. The first place to look for cost savings is the bills. Not only can organisations benefit from reducing ongoing costs, but they could also find a nice windfall from historical overcharging.”
The full story can be read at Energy Live News