Lumen Energy provides a platform that enables commercial real estate owners to evaluate solar financing options and manage installations through a unified financial model. By offering real-time data analysis and competitive bidding from a network of solar providers, Lumen simplifies the process of implementing clean energy solutions while maximizing financial returns.
Funding
$15.3M 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
Commercial real estate owners face increasing pressure from investors, tenants, and regulators to decarbonize their properties, but the process of evaluating and implementing clean energy solutions is often complex and costly. Traditional methods rely on building-by-building assessments and consulting reports, leading to slow progress and underutilized data.
Solution
Lumen Energy provides a software platform that streamlines the adoption of solar energy and EV chargers across commercial real estate portfolios. The platform offers instant financial modeling, enabling users to compare various financing options, from cash purchases to power purchase agreements (PPAs). By aggregating real-time data on property characteristics, energy consumption, utility tariffs, and available incentives, Lumen Energy delivers actionable underwriting and facilitates competitive bidding from a network of pre-qualified solar providers. The platform also supports ongoing asset management, including performance diagnostics, revenue accounting, and ESG reporting.
Target Audience
Lumen Energy targets commercial real estate owners, operators, and ESG professionals seeking to deploy clean energy solutions across their portfolios to reduce costs, meet sustainability goals, and attract tenants.
Features
- Portfolio-wide solar feasibility analysis across diverse property types
- Instant proformas powered by real-time market, incentive, and utility data
- Side-by-side comparison of financing options, including cash purchase, loans, and PPAs
- Competitive bidding from a nationwide network of pre-qualified solar providers
- Automated power purchase agreement (AutoPPA™) software
- Streamlined ESG reporting, including GRESB and EnergyStar
- 24/7 CO2 emissions tracking relative to the local grid, based on EPA data
- Integration with Crux to facilitate the sale of ITC tax credits