New York Organizations Choose Troy & Banks

Troy & Banks to Audit Empire State Development Corporation’s and Buffalo Niagara Partnership’s Utility and Telephone Accounts in Search of Billing Errors

BUFFALO, N.Y. – Empire State Development Corporation (ESDC), located at 633 Third Ave. in New York City, and the Buffalo Niagara Partnership, located at 665 Main St. in Buffalo, have both become the newest clients of Troy & Banks, Inc. Troy & Banks will audit both ESDC’s utility and telephone accounts and the Buffalo Niagara Partnership’s telephone accounts for possible mistakes due to utility and telecommunication billing errors.

ESDC and the Buffalo Niagara Partnership both benefit Western New York businesses. ESDC is New York’s lead economic development agency, encouraging economic investment by helping to start up companies in New York and assisting businesses in the expansion of existing operations, retaining and enlarging their work force, and helping them to compete domestically and internationally. ESDC has co-headquarters in Buffalo, Albany and New York City, in addition to 18 locations around the world.

The Buffalo Niagara Partnership includes almost 2,500 member businesses and is one of the largest business associations in Western New York. Their mission is to help businesses grow while improving the economic climate in the region.

Troy & Banks will review both organizations’ utility and/or telecommunication records, dating back to six years, to reclaim money from possible billing errors. Once Troy & Banks collects the billing information from the ESDC and the Buffalo Niagara Partnership, Troy & Banks will order the history of their service records. If the audits show they were overcharged, ESD and the Buffalo Niagara Partnership will receive a refund from their utility and/or telecommunications companies.

“Troy & Banks is excited to work with these two fine organizations that help and support businesses in the Western New York region and all of New York State,” states Tom Ranallo, President of Troy & Banks.

About Troy & Banks, Inc.: Since 1992, Troy & Banks, Inc. has saved its clients over $200 million in utilities and telecommunications costs. Other recent clients include Rich Products, the New York Stock Exchange, Cornell University, the Memphis Zoo, University of Baltimore, and DeLacy Ford, Inc. Headquartered in Buffalo, N.Y., Troy & Banks, Inc. serves clients nationwide with representatives in 10 states. For more information, please call Thomas Ranallo at 1-800-499-8599 or visit www.troybanks.com.

THE STATE OF CONNECTICUT SELECTS TROY & BANKS FOR COST RECOVERY AUDIT OF ENERGY UTILITY BILLS

Energy and telecom consulting firm has saved clients over $100 million

BUFFALO, N.Y. – The State of Connecticut Office of Policy and Management has selected Troy & Banks to conduct a cost recovery audit of energy utility bills for Executive Branch agencies

“The state’s contract with Troy & Banks will focus on identifying inappropriate or erroneous energy utility bill charges, as well as recovering any refunds identified and authorized for collection,” said Raymond Wilson, Director of Energy Research and Policy Development.  “This represents a move forward in Connecticut’s efforts to reduce spending as well as save energy in state government buildings.  We understand the benefits of tracking our energy bills,” Wilson added.

“As energy and telecommunications costs skyrocket, our company helps municipalities and organizations reduce their operating costs by finding cost savings solutions and billing discrepancies,” said Thomas Ranallo, president of Troy & Banks.  “We have already saved over $100 million for our clients.  We have expanded our core business of auditing utility and telecommunications bills to include energy and telecom expense management solutions.”

Over the past 17 years, Troy & Banks has helped thousands of municipal entities, businesses, and corporations cut costs and secure refunds from overbilling.  Troy & Banks has provided services to the States of Missouri, South Carolina, Ohio, and New York; Counties of Rockland, NY, Erie, NY, Albany, NY; Cities of Naples, FL, El Dorado, KS, Olean, NY, Syracuse, NY and Buffalo, NY.  Also, the New York Stock Exchange, American Stock Exchange, Chicago Housing Authority, Greater New York Hospital Association, Massachusetts Hospital Association, Bayer Pharmaceuticals, New York Racing Association, Bronx-Lebanon Hospital Center, and Bryant & Stratton College.

Under the terms of the contract, Troy & Banks will undertake a systematic review of utility invoices to identify and compute potential billing errors or overpayments made that can be recovered from the appropriate utility provider.

“It is an honor to welcome Connecticut’s Office of Policy and Management as a Troy & Banks’ client,” said Ranallo.  “We are excited about the opportunity to help them reduce utility costs and consumption, and increase operational efficiencies.”

About Troy & Banks, Inc.: Since 1992, Troy & Banks, Inc. has saved its clients over $200 million in utilities and telecommunications costs.  The growth of the company has been fueled by national-level contracts with companies such as: Amtrak, Colgate-Palmolive Co., Bausch & Lomb Inc., L.L. Bean, New York Stock Exchange, U.S. Postal Service, and NBC Universal.  Headquartered in Buffalo, N.Y., Troy & Banks Inc. serves clients nationwide with representatives in 10 states.  For more information, please call Thomas Ranallo at 1-800-499-8599 or visit www.troybanks.com.

Company audits energy bills and helps clients manage their electric & gas energy needs

BUFFALO, N.Y. – Troy & Banks Inc., a national leader in energy and telecom consulting and auditing for businesses and government agencies, has just completed a move to its new corporate office at 2216 Kensington Avenue in Buffalo. The company had been located at 4536 Main Street in Amherst.

Tom Ranallo, President of Troy & Banks, Inc., bought what used to be an old warehouse and completely renovated the building, putting in a central workstation for sales representatives and auditors, executive offices, a conference room, and a full-service kitchen. According to Ranallo, “This new work environment will enable us to better serve the needs of our clients and provide much-needed space for our growing company.”

Tom Ranallo is also making sure that the new office embraces changing philosophies in energy. “As a leader is energy consulting, we feel it is important to lead by example,” Ranallo said. “We know that we must do our part to protect the earth’s future by promoting renewable forms of energy.” To that end, Ranallo buys all of the company’s power from green-energy sources. He has instituted a company-wide recycling program and even installed an energy-efficient heating system, which can be pre-set to heat or cool the building only during the times when people are actually in the office.

 Houghton College Engages Troy & Banks

 Company audits energy bills and helps clients manage their electric & gas energy needs

 BUFFALO, N.Y. – Troy & Banks Inc., a national leader in energy and telecom consulting and auditing for businesses and government agencies, has been engaged by Houghton College to audit its utility bills and to advise on the purchase of energy.

The goal of the contract is to make certain that Houghton College is being billed accurately throughout the year and to assist in securing the energy rates/products that best fit the company’s needs. 

Tom Ranallo, President of Troy & Banks, said, “Our firm is dedicated to assisting Houghton College in navigating the ever-changing energy markets. We will help them implement energy risk management strategies that fit their objectives.”

Troy & Banks recently expanded its core business of auditing utility and telecommunications bills to include offering suggestions for energy-service companies (ESCOs) and offering curtailment programs to businesses.

Troy & Banks has accounts nationwide, as well as throughout New York State.  The consulting firm works with thousands of companies on a yearly basis, charging clients only if it produces a refund or savings.  Refunds yielded over the years have usually been dependent on the size of the company or municipality.  “We’ve helped businesses get refunds in the amount of $20.00 to millions of dollars,” Ranallo said.

Years of aggressive marketing in the New York metro area have resulted in several “lucrative” contracts with prominent Manhattan clients, including The Metropolitan Opera, Lincoln Center Theater, New York Stock Exchange, American Stock Exchange, NBC Universal, Greater New York Hospital Association, and Mount Sinai Medical Center.

Buffalo and Erie County Historical Society and Buffalo Academy of the Sacred Heart use Troy & Banks to cut energy costs

BUFFALO, NY — The Buffalo and Erie County Historical Society and the Buffalo Academy of the Sacred Heart have decided to battle the economic recession by using Troy & Banks, an energy consulting firm, to perform utility and telecommunication audits.

The founder and president of Troy & Banks, Thomas T. Ranallo, understands the strain that the economy has put on non-profits. “The economic recession can have dire consequences for businesses, especially non-profits with limited budgets. Troy & Banks helps non-profits by reducing their energy costs” Ranallo said.

Troy & Banks’ clients include the United States Postal Service, Proctor & Gamble, Amtrak, L.L. Bean, M&T Bank, the New York Stock Exchange, the City of Buffalo, the American Red Cross, and General Mills.

###

About Troy & Banks, Inc.: Since 1992, Troy & Banks has saved its clients over $200 million in utility and telecommunication costs. Headquartered in Buffalo, NY, Troy & Banks, Inc. serves its clients nationwide with representatives in 10 states. For more information, please call Thomas Ranallo at 1-800-499-8599 or visit www.troybanks.com.

WIVB, Buffalo, NY – March 5, 2009

http://www.wivb.com/dpp/news/Company_saves_money_for_other_companies_20090305