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Services

We provide a comprehensive utility audit service.

Do you feel like you are being overcharged for utilities?  Based on almost 30 years of experience - you probably are.  See below to see how you can use Drake Hammond to fix your utility problems and become more profitable.

Setup/What we need from you:

The Audit:

Finishing Touches:

This is how we do it:

  • Signed Drake Hammond agreement

  • Copies of one month utilities (we will request any further documents directly from the utility provider)

  • Signed letters of authorization

  • If applicable - information pertaining to utility reallocation

  • We do a complete analysis of your gas, electricity, and water/sewer bills

  • We also do a  full review of your utility reallocation practices

  • We prepare all documentation and manage all negotiations with local and governmental entities and utility providers

  • Typical length of audit is 30-60 days

  • We require very little additional work from your busy staff

  • You can expect regular updates throughout the audit detailing the project status

  • Upon completion of audit, you will receive a report detailing the work we did and the savings we generated by property

  • We will only bill you if and when you have received a refund, seen savings appear on your bills, or see the increase in your utility reallocation income

Step 1

Step  2

Step 3

What we're looking for:

Billing Errors/Inefficiencies

  • Incorrect rates

  • Clerical errors

  • Credits and exemptions not being utilized

  • Alternative energy sources

  • other location-specific issues

  • Analyze the rate structures implemented by your third party utility billing vendor as they apply to resident reimbursements to ensure the most advantageous rate structure for your community.

  • Identify reimbursable charges that are not being recaptured or are under-billed by your third party utility billing vendor.

  • Identify any improper billing practices by your third party utility billing vendor.

  • Perform a legal compliance analysis on all levels - state and local - for all communities and jurisdictions.

Incorrect Reallocation to Residents

Multi-residential Properties Only

How we get paid:

Our fees are 100% contingent - and thus 100% Risk Free.  If we are unable to identify and help you realize savings, we do not get paid.  

 

If we are successful, we only invoice you when the savings are actually realized.  There is never any out-of-pocket money required.

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