A 300 unit Condo Association was being billed for utility accounts that were not theirs, as well as incorrect charges and tariffs. Expense Reduction Advisors was also able to cut their trash removal charges by 40%. The savings as a result is approximately $25,000.00 annually. ERA also made some recommendation’s that are in the process of being implemented which will result in an estimated annual savings of $180,000.00.
A multi-location Christian School so far has received over $10,000.00 in refunds from their utility providers for incorrect tariffs and charges. Expense Reduction Advisors found a 4 year old billing error on their water/sewer charges. When the audit is completed Annual savings is expected to be approximately $10,000.00 annually.
A high end international residential/commercial real estate brokerage experienced over a 50% reduction in telecom costs after ERA was able to consolidate lines and bring in a telecom provider that could reduce their costs per call as well as scale up as the business plans to add about 250 more brokers.
A 270 unit condominium association is saving $30,000.00 per year on their electric and water bills. In some cases Expense Reduction Advisors was able to lower the annual water bills by over 450%.
Expense Reduction Advisors found an 11 year old billing error for the church, ERA recovered the over payments and corrected future billing which resulted in a 25% monthly savings. The end result was several thousand dollars in refunds, and hundreds in monthly savings.