Case Study: Technology Credit Union saves $20,000 in utility costs with Verdafero's cloud-based utility analytics software

Verdafero’s Cloud-Based Utility Analytics Software Saves Tech CU $20,000 in Utility Costs

Technology Credit Union (Tech CU) wanted a better way to manage utility spending across its branches while supporting responsible environmental practices. To improve visibility into electric, gas, water, waste, fuel, and carbon footprint costs, the credit union turned to Verdafero’s cloud-based Utility Analytics software.

Verdafero implemented its Utility Analytics platform to monitor, analyze, and track utility usage in real time across Tech CU’s facilities. The software helped Tech CU identify an overcharge of $20,000 in utility costs, including a meter-related issue that led to nearly $1,800 in monthly overbilling, which the credit union was able to recover.

Technology Credit Union

Kevin Alsup

Vice President of Information and Administration