Metergrid provides a platform for managing tenant electricity projects by utilizing photovoltaic systems to generate and distribute solar energy directly to residents in multi-family buildings. This approach reduces reliance on the public power grid, lowers energy costs for tenants, and enhances property value through sustainable energy solutions.
Funding
$7.1M 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
Multi-tenant buildings often lack access to affordable, renewable energy sources, leaving residents dependent on the public grid and subject to fluctuating energy prices. Landlords miss opportunities to increase property value and generate revenue through on-site energy production.
Solution
Metergrid enables landlords to implement tenant electricity projects by installing photovoltaic (PV) systems and distributing solar energy directly to residents. Their solution includes project planning, PV installation via a partner network, and ongoing management through an all-in-one software platform. This approach reduces reliance on the public grid, provides tenants with access to green energy at a lower cost, and offers landlords a new revenue stream while increasing property value. Metergrid handles the complexities of regulatory compliance, metering, and tenant billing, making sustainable energy accessible and profitable for multi-family properties.
Target Audience
Metergrid targets landlords and property managers of multi-tenant buildings seeking to implement on-site solar energy generation and distribution, as well as installers looking to expand their portfolio with tenant electricity projects.
Features
- Project planning and execution, including economic viability assessment and execution planning
- PV installation through a partner network
- Metering technology for accurate energy measurement and remote data reading
- Software platform for managing tenant contracts, billing, and regulatory reporting
- Dashboard for visualizing revenue and consumption data
- Tenant app for monitoring energy usage and cost savings
- Regulatory compliance support, including mandatory reporting
- Handles tariff changes and billing for tenants