Manufacturing

Overview

Manufacturers account for approximately 25 percent of total energy consumed in the U.S. Energy is a significant cost item and one that financial and operational leaders must manage proactively to remain competitive in the face of rising energy costs and inflation. While most manufacturing professionals know this and dedicate significant organizational resources to managing their energy usage, many are unaware of just how many dollars are lost to billing errors and sub-optimal utility plans. Whether you are trying to free up your budget for capital investments, seeking ways to amplify savings from your energy efficiency initiatives, or simply wanting reassurance that your bills are free of errors and overcharges, we can help.

 

Savings Numbers

TypeMax Annual SavingsAverage Annual SavingsMax RefundAverage Refund
All Manufacturing$235,048$12,985$333,993$12,178
Concrete/Mineral$84,413$21,755$22,555$7,078
Food/Beverage$104,351$10,462$32,309$8,978
Furniture$120,499$17,185$58,256$6,922
Lumber/Wood$85,556$14,306$40,281$6,520
Machinery/Electronics$20,880$3,384$26,511$3,941
Metals$21,797$5,164$11,467$5,427
Chemical/Petroleum$40,140$10,622$23,085$10,924
Paper/Printing$28,295$6,059$9,489$3,817
Plastics/Rubber$116,535$16,618$15,243$5,799
Textiles/Apparel$32,216$4,801$100,000$16,556

Case Studies

Lyon Shipyard

Lyon Shipyard (LSI) is a repair facility in Norfolk VA with over 80 years of service to the maritime industry. Utility Management Services helped recover hundreds of thousands in utility bill errors and savings opportunities. LSI had suspected a billing error but did not have the time or expertise to investigate. From our inspection, it was found that the billed demand was largely greater than the equipment load at the site resulting in a refund to LSI from their power provider.

STF Precision a high-quality diamond-tipped cutting tool manufacturer excels in manufacturing high-tolerance cutting tools. STF approached UMS seeking to lower their natural gas and electric bills through our off-site utility bill audit and analysis. Our analysts were able to pull 2 years of historical billing data directly from STF’s power provider to complete an in-depth analysis where there were several findings. All opportunities found required no operational changes or capital investments and resulted in over $24,000 in ongoing savings.

Prinston Pharmaceuticals

Prinston Laboratories has specialized in manufacturing generic solid dosage products since 1983. They also offer pharmaceutical contract manufacturing (CMO) tailored to fit their client’s needs. UMS pulled 12 months of their historical billing data directly from their power provider, completed the analysis, and found over $80,000 in savings through different opportunities. Significant savings were realized with little work on their side. Prinston was so happy with the services they then recommended UMS to other businesses and organizations.

testimonials

"After getting the results of my analysis, I could not believe how much I was being overcharged by the power company. The expertise of the UMS team is extremely valuable, and they could save your business a lot of money. I highly recommend having them perform a risk-free audit, even if you’ve had one done before - and if they don’t find any savings, there is no charge.”
Dave Novak, VP of Administration
STF Precision Technologies & Tools, INC.
“The services provided by UMS have been great for our business. It gives us more time to do other things instead of figuring out why our power usage is costing us so much money. They do all the work, and we save money. It is a win-win situation.”
Jennifer McNeilus, Controller
Gibson Accumulator
“The UMS team was incredibly helpful when explaining their services and the opportunity. The process was simple and would recommend a trial for other companies.”
Erik Root, CFO
Lion Labs, Ltd.
“I was unsure if we could save money on utilities and did not have the time or experience to research it. Using Utility Management took away any doubt because they found the prices, we are paying are very good and there weren’t any savings they could find. It cost me nothing and saved me time.”
Greg Wooten, Chief Infrastructure Officer
Contractor Service & Fabrication Inc.
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