Case Study
Prinston Pharmaceuticals:
Manufacturing Utility Bill Audit
Overview
Prinston Laboratories has specialized in manufacturing generic solid dosage pharmaceutical products at the same Charlotte, NC facility since 1983. Known for state-of-the-art quality systems and cost-efficient operations, they also offer pharmaceutical Contract Manufacturing Services (CMO) tailored to client needs.
Like most manufacturing facilities, Prinston operates high-demand equipment around the clock, making electricity and natural gas among their largest operating costs. Rising energy costs prompted General Manager Jon Bill to look for ways to reduce overhead without disrupting production.
A UMS Account Manager reached out to Jon to explore whether a no-risk utility bill audit could help. The two quickly formed a partnership. UMS analysts obtained 12 months of historical billing and usage data directly from Prinston’s power provider and performed a thorough off-site audit of their electric and natural gas accounts with no operational changes, and no disruption to the facility.
Using UMS’ proprietary software RateMaster, the team searched for billing errors, overcharges, and more cost-effective rate opportunities. The results were significant: over $73,000 in identified annual savings and more than $15,000 in refunds.
Prinston Laboratories was so pleased with the outcome that they referred UMS to other businesses. UMS continues to monitor and analyze their utility accounts on an ongoing basis, ensuring they never pay more than necessary, giving their team the peace of mind to focus on what they do best.
The Facts
- Prinston Laboratories has specialized in manufacturing generic solid dosage products at the same address since 1983
- UMS analysts obtained Prinston Laboratories' 12-month historical billing and usage data directly through their power provider
- UMS searched for billing errors, overcharges, and rate opportunities. UMS identified over $73,000 in annual savings and over $15,000 in refunds