EKM Metering provides cloud-based metering solutions for electricity, water, and gas, utilizing compact, certified revenue-grade meters that enable remote, automatic data collection and reporting. Their technology addresses the high costs and inefficiencies of traditional metering systems by offering an affordable, easy-to-install interface that allows property owners to accurately bill tenants based on actual consumption.
Funding
Funding not disclosed
Founders
Product
Problem
Traditional submetering systems for utilities like electricity, water, and gas are often expensive to install and maintain, hindering accurate billing and resource management for property owners and managers. These systems typically require manual data collection, leading to inefficiencies and potential billing disputes with tenants.
Solution
EKM Metering provides a cloud-based submetering solution that enables property owners to remotely monitor and manage utility consumption. The system utilizes revenue-grade meters for electricity, water, and gas, coupled with a cloud data system that allows for automatic data collection and reporting. This approach allows property owners to accurately bill tenants based on actual consumption, eliminating the need for manual readings and reducing billing disputes. The platform offers a user-friendly interface and open API, facilitating integration with existing property management systems.
Target Audience
The primary target audience includes property owners, property managers, RV park operators, and businesses that need to accurately measure and bill for utility consumption by tenants or within different departments.
Features
- Certified revenue-grade meters for electricity, water, and gas
- Remote data collection and monitoring via the EKM Push3 cloud data system
- Free cloud-based platform (encompass.io) for data aggregation, reporting, and billing
- Real-time data updates with up to ~40 data points per meter read for electric meters
- Open API for integration with third-party software and custom applications
- Options for UL Listed meters
- Solutions for residential, commercial, electric vehicle, solar monitoring, RV parks, and other submetering needs