BUFFALO, NY / PRBuzz.com / December 21, 2011 - - Making waves in the energy procurement industry for the past five years, BidURenergy, Inc. (BUE) has added a new weapon to their arsenal that has careless utilities companies trembling. The firm, headquartered in Buffalo, NY, recently contracted industry leading ECS Business Services to audit its clients' utility bills. With over $2 million recovered within a month of the program lauch, thanks in large part thanks to a few egregious billings errors, the recently developed algorithms and software have reach near mythical proportions within investor owned utility inner circles.

Their strategy is basic in principle, but complex in action. They use software to recreate business' bills with the usage information and complex tariffs (documents stating rate structures). If the Total Bill Amount from the software and the Total Bill Amount on the business' actual bill do not match, analysts figure out where the mistake might be and quickly act to facilitate a refund. Since there can be hundreds of cost components incorporated into each bill, it is obvious why business owners cannot dedicate the time it would take to accurately complete this monumental task by hand.

BUE offers a no-lose proposition: if they successfully facilitate a refund, they will invoice you at a rate of 50 percent of the recovered funds (this is a contingency fee - if nothing is recovered, you pay nothing!). An independent study recently found that over 40 percent of all utility bills have erroneous line items or overcharges; so, it is no wonder BUE has received over 50 requests and recovered over $800K in the past 3 weeks alone.

If your company would like to find out more information, BUE representatives can be contacted at 877-669-8243.