Historical Bill Validation

Invoice Validation & Utility Bill Auditing

Energy invoice auditing to recover overpayment efficiently

Navigating energy procurement can be intricate, potentially affecting budgets. It’s essential to ensure cost management and proactive planning.

1st Energy emphasizes transparency, ethics, and professionalism. Our Energy Supply Management Team, well-versed in UK and European markets, collaborates with top suppliers to provide tailored energy solutions with clarity and fairness.

HISTORIC BILL VALIDATION SOFTWARE

1st Energy uses advanced bill validation software to smoothly handle the process and show you how things are going. We’ve also tailored and expanded this software to collect and study past data. This guarantees that we catch every mistake in your previous bills.

what's included?

Our historic bill validation service includes the following:

A line by line audit of your historic utility invoices,
An in-depth validation of complex, regionally dependent distribution and transmission charges,
Reconstruct each charge element from source data using historical rates.
Identify anomalies, estimation errors, incorrect tariffs, omissions, consumption and leakage and allowances under schemes such as CCAs.
Data management
Invoice validation
Query management solution
Cost recovery
Portal access 24/7

WHAT IS RETROSPECTIVE BILL VALIDATION?

At 1st Energy, we meticulously review utility invoices from the past six years to identify errors in electricity, gas, water, and meter charges. Given the complexity of utility bills, our experts ensure any discrepancies are addressed and refunds are secured. We offer both comprehensive six-year reviews and customized validation options tailored to your needs.

Benefits of Historical Energy Invoice Validation with 1st Energy:

Commercial utility bills often contain significant errors.
Our team is adept at detecting these errors.
Recovering overpayments boosts business funds without added capital.
Ensures you pay only for actual energy consumption.
Frees internal resources to focus on core business tasks.
Potential for substantial financial recovery, aiding in infrastructure investment or new projects.
Ongoing bill validation available, complementing energy efficiency projects for further savings.
Expertise in analyzing energy data for multi-site portfolios.
Identification of non-owned or inefficient properties, optimizing property management.