Cost Control Associates

What Cost Control Associates does

Cost Control Associates (CCA) is a private utility expense management firm founded in 1991 and headquartered in Queensbury, New York. The company provides a suite of services including centralized utility bill processing and payment, bill audits for billing errors and rate verification, energy procurement across regulated and deregulated markets, utility data management with 24/7 reporting access, and utility account open/close coordination for multi-location organizations. CCA also offers ancillary services such as offsite community solar brokerage and greenhouse gas emissions reporting aligned with EPA Portfolio Manager. The platform underpins management of 100,000+ utility accounts across 50 U.S. states and Canada, with $3.5 billion in annual client spend under management and a 98% client retention rate.

The company operates on a professional services revenue model, generating fees from consulting, auditing, and ongoing utility expense management engagements. Distribution is conducted through a direct enterprise field sales motion targeting multi-location clients, including Fortune 500 companies, healthcare systems, educational institutions, government agencies, and not-for-profit organizations. Named clients include a National Telecom Carrier ($2.5M annual savings), a Fortune 500 discount retailer ($6.75M in avoided lost revenue), Coca-Cola Bottling Company, C. R. Bard, Panda Express, and municipalities such as the City of Cleveland ($1.1M in refunds and savings). The average analyst tenure is 14 years, supporting the firm's positioning as an independent expert with no allegiances to utility providers or equipment suppliers.

Cost Control Associates joined the SIB Holdings platform in 2021, merging with SIB Fixed Cost Reduction to extend its scope into bank fees, maintenance contracts, and property tax audits. SIB Holdings' broader portfolio includes Fox Consulting Group (telecom/cloud consulting), Sage Management (communications inventory), and Shipware (shipping logistics expense management), enabling cross-referrals across cost categories. The firm remains a small boutique operation with 11-50 employees, relying on human analyst expertise rather than AI-driven automation across its service delivery.

Name

Cost Control Associates

Legal name

Cost Control Associates, Inc.

Website

https://costcontrolassociates.com

Company type

Private

Founded year

1991

Operating status

Operating

Headcount range

11–50 employees

Short description

Cost Control Associates is a private utility expense management firm serving multi-location enterprises, government agencies, healthcare systems, and educational institutions across the U.S. and Canada. It manages 100,000+ utility accounts and $3.5 billion in annual spend, offering bill processing, audits, energy procurement, and data management services as a subsidiary of SIB Holdings.

Ownership category

akta.pro rank

Product category

Utility Expense Management Services

SIC

Services-Help Supply Services (7363)

akta.pro industry

PRIMARYEUAGADAJ

Green Tariffs & Utility Renewable Supply Programs

Energy, Utilities & Environment/Energy Trading, Marketing & Retail Supply/Power Purchase Agreements (PPAs) & Structured Energy Products

SECONDARYBPACAIAH

Expense Management & Reimbursements Administration

Business & Public Services/HR, Staffing & Recruitment Services/Payroll Services & Workforce Administration

Keywords

• Utility expense management
• Energy procurement services
• Utility bill auditing
• Telecom cost management
• Waste removal consulting

Headquarters

HQ city

Queensbury

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Others

Revenue model

1. Utility Expense Management Consulting: Consulting services for managing utility expenses including invoice processing, payment, auditing, and data management. Revenue generated through professional service fees, likely percentage-based on savings identified or fixed management fees.
2. Energy Procurement Services: Helping clients procure optimal pricing for electricity, natural gas, and other energy commodities. Revenue model based on consulting and advisory fees.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels5 records

Core offering

Cost Control Associates is a full-service utility expense management company that consults with multi-location organizations across the U.S. and Canada to reduce and manage utility expenses for energy, waste removal, telecom, and cellular services. Its core services include utility invoice processing and payment, bill auditing, energy procurement, utility data management, account opening/closing, offsite community solar brokerage, and GHG emissions reporting. The company manages over 100,000 utility accounts across all 50 states and parts of Canada, overseeing approximately $3.5 billion in annual client utility spend.

Product overview

Cost Control Associates provides a comprehensive suite of utility expense management services spanning energy, waste removal, telecom, and cellular. The core offerings include Utility Bill Management (centralized invoice processing and payment), Bill Audits for Overhead Costs (error detection and rate verification), Energy Procurement (supplier management and optimal pricing), Utility Data Management (reporting and analytics), Open & Close Utility Accounts (account setup/termination), Offsite Community Solar (renewable energy brokerage), and GHG Emissions Reporting (sustainability compliance). The company operates as part of SIB Holdings, which has expanded the portfolio to include SIB Fixed Cost Reduction (multi-category spend audits for bank fees, maintenance, property taxes), Fox Consulting Group (cellular/voice/data/cloud consulting), and Shipware (shipping logistics optimization). The company manages over 100,000 utility accounts across 50 states and Canada with $3.5 billion in annual spend managed.

Differentiator

Problem solved

Functional benefit

Products and services

• Utility Bill Management Centralized multi-site utility bill processing and payment service that eliminates late fees and streamlines invoice management for multi-location organizations.
• Bill Audits for Overhead Costs Expert examination of utility and other overhead invoices to identify billing errors, verify rates, and lower costs for multi-location organizations.
• Energy Procurement Strategic energy supply procurement services helping clients manage suppliers and obtain optimal pricing in both regulated and deregulated energy markets.
• Utility Data Management 24/7 access to an extensive database with comprehensive reporting options for utility usage analytics and budgeting across multi-location organizations.
• Open & Close Utility Accounts Professional management of utility account setup and termination for new and closing business locations, including deposit negotiation with utility providers.
• Offsite Community Solar Solar power brokerage services enabling organizations to benefit from renewable energy without building their own installations.
• GHG Emissions Reporting Greenhouse gas emissions reporting services supporting sustainability initiatives and compliance with EPA Portfolio Manager requirements.

Quantifiable outcome

• $2.5 million in annual savings for National Telecom Carrier client
• +4 more outcomes

Named customers16 records

Segments6 records

Ideal customer profiles6 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Five partnerships are on record, tiered core, minor and major.

• ShipwarecoreStrategic or Co-development Partner · 1 December 2021Shipping logistics solutions provider that joined SIB Holdings family. Provides contract optimization, benchmarking analysis, spend-management reporting and invoice audit services for small parcel and LTL shipping costs. Integration within SIB portfolio allows cross-selling of expense management services.
• SIB Fixed Cost ReductioncoreStrategic or Co-development PartnerSibling company within SIB Holdings offering bill audits across most categories of spend including bank fees, maintenance contracts, and property taxes. Complementary to Cost Control Associates' utility-focused services.
• The Fox Consulting GroupminorStrategic or Co-development PartnerSibling company within SIB Holdings providing consulting for cellular, voice, data/networking, cloud services and credit-card processing. Allows cross-referrals for broader expense management coverage.
• Sage ManagementminorStrategic or Co-development PartnerSibling company within SIB Holdings offering software-driven solutions for communications inventory and spend optimization. Complements Cost Control Associates' services in the telecommunications space.
• Panda Restaurant GroupmajorChannel Partner/ Reseller/ DistributorClient of Cost Control Associates. Panda Express engaged CCA's utility account open/close services for 100+ new restaurant openings. CCA coordinated efforts between utility vendors and general contractors to streamline service installations.

Scale indicators11 records

Recent moves7 records

Expansion highlights7 records

Direct peers

• Cargas: Through its energy and utility management operations, Cargas addresses utility bill processing, audits, energy procurement, and energy-data management. This is directly comparable to CCA's professional services and reporting platform.
• Tangent: Offers utility expense management, energy procurement, bill-audit, and sustainability services. Its end-to-end service model and multi-utility focus are closely comparable to CCA's offering.
• CHI: Offers invoice audits and cost-reduction services across utilities, telecommunications, freight, and other overhead categories. Its audit-led, multi-category model is comparable to CCA's utility bill audit and expense-management focus.
• NUS Consulting Group: Provides energy procurement, utility bill audit, data management, and sustainability consulting to organizational customers. Its service mix closely matches CCA's audit, procurement, and utility-expense reduction activities.
• EnergyCAP: Provides utility bill management, energy accounting, and energy data and sustainability reporting software. It directly overlaps CCA's invoice processing, utility-data reporting, and energy-spend management capabilities.

Broad incumbents

• Schneider Electric: Offers enterprise energy-management, utility-data, sustainability, and resource-procurement capabilities, including through its energy-management software portfolio. It overlaps with CCA's energy analytics, reporting, and procurement services from a much broader platform.
• Cass Information Systems: Provides outsourced B2B payables, invoice processing, and information services, including handling utility and other recurring facility expenses. Its payment and information-processing infrastructure overlaps with CCA's invoice and payment workflow.

Others

• Ameresco: Provides energy efficiency, renewable-energy, procurement, and sustainability services to commercial, institutional, and government customers. It is a broad incumbent that overlaps with CCA's energy-cost optimization and sustainability offerings.

Emerging players

• Metergy: Provides utility expense management and submetering services for multi-site property portfolios. It overlaps significantly in utility-account management, invoice processing, and data visibility, although it concentrates on the multifamily segment.
• Conservice: Provides utility billing, invoice, and expense-management services for multifamily portfolios. It is comparable in utility data and account administration but has a more concentrated property-management focus.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/costcontrol1991
• Facebookfacebook.com/CostControlAssociates
• LinkedInlinkedin.com/company/cost-control-associates-inc-

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Cost Control Associates