The startup provides energy management systems that utilize real-time usage data and carbon emission tracking to optimize charging and output cycles for clients. This enables businesses to reduce energy costs and enhance sustainability by making informed investment decisions regarding solar generation.
Funding
$2.1M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Many businesses lack transparency into the true costs of their energy consumption, hindering their ability to make informed decisions about energy procurement and sustainability investments. Traditional fixed-price energy contracts obscure the real-time fluctuations in wholesale energy prices and carbon emissions, preventing customers from optimizing their energy usage and reducing their environmental impact.
Solution
Actual Energy provides a direct-to-grid, wholesale energy passthrough service that gives commercial and industrial customers full transparency into the hourly costs of their energy consumption. By matching wholesale energy prices directly to a customer's actual usage, Actual Energy eliminates unnecessary premiums embedded in traditional supply contracts. The company's data visualization and reporting tools empower customers to strategically manage energy usage, reduce peak demand, and leverage energy assets. Actual Energy also partners with best-in-class providers of battery energy storage systems, solar installations, and load management strategies to maximize ROI and environmental benefits for its customers.
Target Audience
Actual Energy primarily serves commercial and industrial customers in deregulated energy markets seeking greater transparency and control over their energy costs and sustainability initiatives.
Features
- Direct-to-grid wholesale passthrough of all energy components, priced hourly based on actual usage
- Transparent fee structure, eliminating hidden premiums
- Customizable alerts and intuitive data visualization tools for real-time energy management
- Granular, hourly data for ESG reporting
- Integration with battery energy storage systems (BESS) and solar (PV) installations
- Load management strategies to reduce peak demand and capacity costs
- Access to wholesale energy pricing correlated with carbon emissions data