Did you know that non-commodity charges make up roughly 60% of an energy invoice? And there are several non-commodity elements that contribute to the final cost of an invoice. This complexity really does show the importance of firstly understanding your invoices and secondly thoroughly validating them. In fact, if you are not doing this in detail, you are potentially throwing away thousands of pounds each year in supplier overcharges.

We check customer invoices against signed contracts to ensure all rates are charged correctly. We fix any overcharges with the suppliers, and importantly we make customers aware of undercharges so that a reconciled invoice does not catch anyone by surprise.

Further to this, we compare the invoiced consumption against the expected consumption, and we flag up discrepancies to our clients. For businesses with multiple sites, we liaise with site contacts to obtain meter readings, and we also arrange smart metering if required.

In addition to checking the contracts that we arrange on our client’s behalf we also review previous contracts. Any overcharges corrected, can be backdated up to 6 years.

Allowing Clear Bridge to validate invoices provides peace of mind that experts are accurately checking each invoice. It also allows us to understand the profile of our customer’s usage to place us in a good position to accurately procure the next contract as well as recommending suitable energy saving measures.