Solarize provides a specialized, cloud-based platform for automated energy billing, handling complex decentralized energy models like tenant electricity, energy sharing, and dynamic tariffs. This API-first technology enables energy providers and real estate holders to scale new business models with minimal operational effort. The system ensures real-time processing and robust integration capabilities necessary for the evolving energy market.
Funding
$6.6M 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.
PNFounders
Product
Problem
Commercial microgrids face complexities in managing and billing energy distribution, particularly with tenant electricity models and on-site power purchase agreements (PPAs). Inefficient tracking of energy flows, coupled with the need to comply with evolving regulations, can lead to inaccurate billing, reduced cash flow, and a lack of operational transparency.
Solution
Solarize offers a software platform designed to automate the billing and management of local energy distribution for commercial microgrids. The platform enables operators to efficiently track energy flows, ensuring compliance with regulations and providing accurate consumption-based billing for tenant electricity models, on-site PPAs, and community energy sharing. By automating billing processes and providing detailed insights into energy data, Solarize enhances cash flow and operational transparency for microgrid operators. The software supports the sale of locally produced PV power to on-site consumers, facilitating scalable tenant electricity offerings through virtual aggregated meters.
Target Audience
The primary customers are PV plant operators, real estate companies, and municipal utilities/energy suppliers involved in operating customer installations within tenant electricity models, on-site PPAs, and community energy sharing arrangements.
Features
- Automated meter data acquisition and processing
- Consumption-based billing for tenant electricity and on-site PPAs
- Support for virtual aggregated meters for scalable tenant electricity offerings
- Compliance monitoring and reporting
- Integration with existing metering infrastructure
- Customizable reporting templates for data-driven decision-making
- Automated invoice generation and distribution via email
- Visualization of energy generation and consumption patterns