BIU’s Revenue Recovery Service has returned millions of pounds to its rightful owners! ...and it may be able to help you!
October 1st 2009 Who are BIU?
BIU provide energy services to some of the largest companies in the world. In the UK alone, BIU’s clients consume around 8% of the industrial and commercial energy sold in the country.
Every year, BIU process hundreds of thousands of invoices for their clients – so they really know energy.
What is Revenue Recovery?
Revenue Recovery is a service provided by BIU, in which historical costs are analysed with a view to uncovering any instances of overcharges on electricity, gas and water invoices.
Why do over-charges happen?
Since the deregulation of the UK energy industry, billing data received from suppliers now contains numerous elements that make it increasingly difficult to validate by the untrained eye.
Coupled with hidden costs, not visible on the bill, there are over 100 elements that can make up a final invoice, not all of which are based on measured usage. This increased complexity means that over-charging is now common place.
What if I already have a consultant?
BIU’s Revenue Recovery Service will have no impact on your current arrangements, whatever your contractual situation with either suppliers or consultants.
What will BIU do?
BIU will undertake analysis of your utility charges going back as far as statute allows.
BIU have logged hundreds of different types of billing anomalies using their state-ofthe- art systems and will apply this expertise to recovering any lost revenue for you. Once over-charges have been identified BIU will challenge the charges with suppliers and handle everything from initial identification through to Revenue Recovery (hence the name).
Do I need a budget?
BIU will undertake the audit on a purely performance related basis, eliminating the need for any initial capital expenditure from the clients.
What have BIU recovered for other companies?
BIU have recovered millions of pounds of lost revenue for companies this year alone. Their clients include some of the UK’s largest banks, manufacturers, retail chains and government entities.
NHS Trust Rotherham
“From the outset, British Independent Utilities have dealt with our account with the utmost professionalism and a painstaking thoroughness. Their ‘nos t o n e - u n t u r n e d ’ approach to the Revenue Recovery project means that they have not only identified and recovered a significant rebate on our behalf, but now have an overview of our consumption profile such that I have a ‘second opinion’ on which I can rely for concise, to the point, information regarding any utility issues.”
John Cartwright, Director of Facilities Management
Birmingham International Airport
“BIU have provided an extremely thorough and professional service from start to finish. They work on a share of savings basis ensuring they were incentivised from the outset and that any capital expenditure on our part was eliminated. We couldn’t have asked for a more pleasing result and would recommend BIU to everyone.”
Tony Dunning, Purchasing Manager
To make a difference where it really counts...
call Brenda on 01253 789816 or e-mail Brenda@biu.com More articles from BIU: | 
