Utility Rescue provides an automated platform that ingests household utility, telecom, and insurance bills, uses AI to benchmark them against current market rates, and identifies overcharges. The service negotiates revised contracts on the consumer’s behalf, charging only a 50 % share of verified savings, and continuously monitors deregulated energy plans while offering optional community‑solar credit enrollment.
Funding
Funding not disclosed
Founders
Product
Problem
Many households pay inflated rates for services such as cellular, broadband, television, electricity, natural gas, and insurance because they lack visibility into market pricing and the time to negotiate better contracts. In deregulated energy markets, selecting the optimal plan adds further complexity, and adopting clean energy often requires upfront capital for equipment installation.
Solution
Utility Rescue provides a technology‑driven bill audit platform that ingests customers’ monthly statements, applies algorithmic price comparison, and engages providers on the consumer’s behalf to secure lower rates. The service operates on a performance‑based model: no fee is charged unless a net saving is achieved, and the realized discount is split evenly between the customer and Utility Rescue. For energy customers in deregulated regions, the platform continuously monitors market offerings, recommends plan switches, and handles the enrollment process. An optional community solar program enables participants to receive clean‑energy credits without installing rooftop panels or incurring upfront costs. All interactions are secured through encrypted data transmission and stored in compliance with privacy standards, while users receive a transparent savings report via a web dashboard.
Target Audience
The primary customers are residential homeowners and renters who want to reduce recurring utility, telecom, and insurance expenses, particularly those in deregulated energy markets seeking hassle‑free plan optimization and clean‑energy participation.
Features
- Automated bill upload and OCR parsing to extract line‑item usage and pricing data.
- AI‑powered pricing engine that benchmarks each service against real‑time market rates and identifies overcharges.
- Negotiation workflow that contacts carriers, ISPs, and insurers to obtain revised contracts on the consumer’s behalf.
- Continuous energy‑plan monitoring for deregulated electricity and natural‑gas markets, with automated switch execution when a better offer is detected.
- Community solar enrollment interface that assigns subscription‑based clean‑energy credits without hardware installation or upfront payment.
- Secure, end‑to‑end encrypted data handling and role‑based access controls to protect personal billing information.
- Customer portal delivering itemized savings calculations, contract documents, and audit history in a downloadable PDF format.
- Performance‑based billing model that applies a 50/50 split of verified savings, eliminating any upfront service fees.