BUFFALO, N.Y. (WIVB) - These days businesses, no matter how big or small, are lookingfor ways to cut costs and save money. There is a local company,that for more than a decade, has been auditing utility bills ofbusinesses and municipalities and recovering hundreds of thousandsof dollars for them. The best part is, they only make money, ifthey get you back money.
Baptist Manor is a 15 story government assisted independentsenior housing center. In 1997, Amherst based Troy and Banks approached executive director Peg Brunton and said they may beable to recover thousands of dollars for them, all they had to dowas audit the business utility bills.
Since then, yearly audits have uncovered $10,000 more inovercharges. Thomas Ranallo founded Troy andBanks 15 years ago, auditing electric, gas, phone, all utilitybills of local companies and recovering thousands of dollars forthem.
For example, they recently were hired by Ford Motor inMichigan and within months found the company was being charged forutilities on a company that was demolished back in 1991, thesavings on that discovery alone is around three-quarters of amillion dollars.
Other local client savings include:
Tim Horton's 15,000, Buffalo Wheelchair 51,000, Hunt RealEstate 172,000, M&T bank 1.1 million, New Era Cap company305,000, and 2 million for the City of buffalo.
They've also recovered big money for the US Postal Service,even the New York Stock Exchange, meaning, they don't collectunless they recover you money, whether it be a refund or credit,usually 50 percent.
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