317.536.0200

Case Study:

Restaurant Chain – 95 Locations

The restaurant industry is one that surprises many people when it comes to qualifying for the utility sales tax exemption. But as of 2022, Indiana, Iowa, Kansas, Maryland, and Ohio* all classify restaurants as eligible for electric and gas sales tax exemptions (*gas only in Ohio).

Energy Impact conducted an engineering study for a restaurant chain with 95 locations in the Midwest. The study found an annual savings of $159,600 on the sales tax of this chain’s electric and gas services.

The chain reduced its annual spend on electric sales tax from $1.71M to $1.59M and its gas sales tax from $570,000 to $530,100 – a 7% annual savings on both.

Annual Savings Found by Energy Impact

RESTAURANT CHAIN – 95 LOCATIONS

Expense Category Previous Annual Spend New Annual Spend Annual Savings (%) Annual Savings ($)
Electric Sales Tax Exemptions
(95 electric meters)
1,710,000.00 1,590,300.00 7% 119,700.00
Gas Sales Tax Exemptions
(95 gas meters)
5,700,000.00 530,100.00 7% 39,900.00
TOTAL SAVINGS $159,600.00

Contact us to see if we can eliminate or reduce sales tax on electric, gas and water utility meters. Our discovery process is quick, easy, and done at no cost. Fill out the form below to get started today!

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Office Info

Phone: 317.536.0200

Indianapolis South

444 N. Madison Ave.
Greenwood, IN 46142

 

INDIANAPOLIS NORTH

571 Monon Blvd., Suite 200
Carmel, IN 46032