What is Utility Bill Auditing for Businesses? A utility bill audit is an inclusive review of a company’s utility invoices — water or sewage, waste, gas and electric — to evaluate rate plans and track billing errors. Other services such as internet, phone services and cable TV can also be considered utilities as they are... Continue reading→

Subscription based rate plans are a relatively new pricing structure that allows a customer to choose their plan and pay a flat monthly rate instead of paying for their energy each month based on usage. Subscription services are growing at a huge rate, with more than $2.6 billion in sales in 2016, and growth of... Continue reading→

Electric vehicles are a popular choice for new car buyers and will continue to grow in share of the auto industry. In California for example, there is a target to have all new purchased vehicles be electric by 2035. Edison Electric Institute predicts there will be over 7 million electric cars being used in the... Continue reading→

Electricity is something that everyone purchases, but many people don’t take the time to think about how their rates are set. The process for determining and changing utility rates depends completely on the type of company. Investor-owned utilities are private companies that operate on a for-profit basis. They are usually owned by shareholders and their... Continue reading→

Back in February, the state of Texas experienced an “Unprecedented cold weather event” that left millions without power while temperatures plummeted. Winter Storm Uri, predicted to impose a significant yet manageable strain on the power grid, instead led to the near-collapse of the state’s infrastructure and extravagant energy prices for days on end. For a... Continue reading→

With every shift in national administration comes important changes. How a new presidency will affect different industries and markets is not always predictable. President Joe Biden’s energy plan will inevitably impact the energy sector, including utilities. Of course, campaign promises do not always become reality, but it’s important to understand the administration’s objectives. With pressure... Continue reading→

It’s no surprise that the utility sector was not spared the havoc wreaked by COVID-19 on nearly every industry in 2020.  In the case of energy utilities, there was a negative trifecta of sorts, causing them to generate revenue far below forecasts.  Will 2021 see an effort by those utilities to recover some of their... Continue reading→

  Lightning strikes. A resounding crash echoes through the forest, and a flaming crack splits the length of a towering Oak. As the tree burns and the animals flee, a solitary figure strides hesitantly forward out of the darkness. The figure, cold and shivering, carefully approaches the burning tree and reaches out his hand to... Continue reading→

Even though many industries struggled in 2020, Electric Vehicles have managed to increase their market share of new car sales around the world. In the United States, EV sales rose 9.9%. In the UK, EV sales tripled even though car sales as a whole declined to the lowest since 1992. Most impressively, 54% of Norway’s... Continue reading→