As companies grow and add locations, acquire businesses or expand existing sites, most times attention is not paid to the number of utility meters at each site. This can eventually lead to what is called “redundant meters”. These meters would be ones that have no consumption flowing through them, but the client is still being charged a monthly amount based on fixed rates for the “presence” of a meter.
As these redundant meters are not required due to the fact that the location was reconfigured at some point during a renovation, it is a cost savings to identify these meters and have them removed to avoid future monthly charges.
The resulting annual cost avoidance for our particular client was approximately $18,000.
Most companies are so busy dealing with the growth of business that the little things such as redundant meters is never reviewed. The individual cost of these meters is minimal in the overall picture and they generally are rolled-up into the total cost for the site so they never stand out. However, this is a cost that would accumulate each month and over time would become a much larger figure unless the meters are removed. Could you currently be paying for redundant meters? Contact us and let Powerhouse help you regain peace of mind.