Do you remember how your parents taught you to check your homework before handing it in to the teacher? Well, companies also have homework to check and in this case, it's their utility bills. These are the bills that come every month for things like electricity, gas, water and waste management services.
Just like how your parents check your homework to make sure everything is correct, companies also check their utility bills to make sure they're paying the right amount of money for the services they used.
A utility bill audit is when someone looks over all the utility bills of a company to make sure they are not being overcharged by the utility company. Just like when you check your homework, a utility bill auditor makes sure that every number on the bill matches up with what the company used in terms of utilities.
Utility bill auditors are trained to look for mistakes and errors on the bills that companies may not be aware of. Sometimes, utility companies may overcharge a company by accident, and the auditor can help identify these mistakes and get the money back to the company.
When a utility bill audit is completed, the company will know how much money they have been overcharged (if any) and can request a refund from the utility company. This helps companies save money on their bills and can even help the environment by encouraging companies to use less electricity or water.