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Check Is In the Mail

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Check Is In the Mail
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posted:
11/17/2011
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4252 Ridge Lea Road

Buffalo, NY 14226

(716) 834-2144

www.buffalogauge.com









NEUPMATIC VALVE™

REMOTE GAS SHUT-OFF



Introduction/Overview



Many utilities are faced with escalating accounts receivable, influencing financial performance

and shareholder value. This priority has become more evident, and utilities are now looking to

optimize the effectiveness of their collection functions.



Buffalo Gauge, Inc. offers a solution to service termination where access to inside meters is

denied. This approach will improve collection performance and reduce write-offs.



In order for new technology to enhance and strengthen business performance, we need to

accelerate the leveraging of technology that supports solid business performance, strengthens

operations, and customer service.



Shut-offs vs. Charge-offs?



Positive changes in customer behavior:

• Customers pay a higher percentage of their bill

• Customers pay more per year

• Customers keep monthly payment arrangements

• Requires one attempt to be shut-off (CGI)



Background

• 1995 - Development of the Neupmatic Valve™ was a result of an edict by NFG Chairman

to combat the escalating cost of charge-offs for non-paying customers with inaccessible

indoor meters.

• 1996-1997 - the Neupmatic Valve™ went through rigorous in-house testing at NFG and

was found to be safe and reliable.

• 1997 – present: The Neupmatic Valve™ has been tested/approved by various utility

testing labs.

• 1997 CSA (AGA) certified, quarterly auditing with 100% compliance.

• 1997 NICOR Technologies conducted independent tested and approved.

• 2000 US DOT recognized the Neupmatic Vale™ in a letter dated 8/1/00 indicating that the

Neupmatic Valve™ could be used to meet § 192.365(b).

• 2001 NYS PSC visited and inspected our manufacturing facility and found it to be of

exceptional quality and recognized the Neupmatic Valve™ in a letter dated 2/28/01, as

meeting the safety requirements of 16 NYCRR, Part 255.

• 2003 AGA invited Charles Schmidt, CEO of Buffalo Gauge Inc/Gas Zone, key note

speaker “AGA Best Practices/Benchmarking Curtailment of Non-Payment”

• 2003 –2005 GTI - completion of two projects resulting in customer approvals and

Neupmatic Valve™ program implementation.

Documented Benefits – Neupmatic Valve™





Return on Investment

ROI in less than 2 years (immediate cash flow)

50% reduction in uncollectable revenue at troubled, non-access accounts

20%+ increase in monthly payments

Stopping the bleeding

Savings in the carrying costs of unpaid accounts receivable (DSO)

Valve installed becomes part of rate base – earnings and depreciation benefit





Benefits to Operations

Employee Safety

Immediate termination, eliminating multiple field calls (losses due to CGI’s)

Termination notices vs. termination completions





Benefits to Billing Credit & Collection Department



Change customer behavior

Empower customer service representatives

Reduced days to termination

Reduced phone calls, notices, legal action



Benefits to Rate Payers

• Allows retail rates to be more completive





Conclusion

The intent of the Neupmatic Valve™ is to increase business value and give the industry an

option to choose the right technology to achieve significant operational improvements.



Buffalo Gauge Inc. is prepared to work with your company to design and implement a program

tailored to your needs. We are confident that the Buffalo Gauge team will provide you with an

excellent return on your investment and sending the message “delinquencies will not be

forgiven”.



For further information and actual case studies on protecting your revenue at risk

call 1-800-327-1155 or www.gaszone.com.



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