Metergy Solutions

What Metergy Solutions does

Metergy Solutions is a full-service submetering utility management provider headquartered in Markham, Ontario, operating across North America through Metergy Solutions Inc. (Canada) and Metergy Solutions LLC (United States), with additional offices in Toronto, Long Island City, Philadelphia, and Exton, Pennsylvania. The company measures and bills individual electricity, water, gas, and thermal energy consumption in multi-unit residential and commercial buildings, contracting more than 1 million submeters, holding 700,000+ meters under contract after its 2025 acquisition of Energy Management Systems (EMS3), and issuing more than 4 million utility invoices annually. Its technology stack combines proprietary submeter product lines from wholly-owned subsidiaries Quadlogic Controls Corporation and Triacta with integrated resident portals (MyMetergy), property manager portals, and a reinforcement-learning billing engine that adapts to historical and ongoing consumption patterns to produce real-time, transparent invoices. Its business model blends recurring per-meter billing services with one-time equipment sales and installation plus end-to-end managed services, delivered through direct enterprise field sales to property managers, developers, and building owners across both new construction and retrofit projects. Ownership rests with Brookfield Infrastructure, which provides capital for the company's ongoing acquisition-led expansion strategy; major completed deals include Quadlogic (July 2022) and EMS3 (2025).

Name

Metergy Solutions

Legal name

Metergy Solutions Inc. and Metergy Solutions LLC

Website

https://metergysolutions.com

Company type

Private

Founded year

2003

Operating status

Operating

Headcount range

51–100 employees

Short description

Metergy Solutions is a Brookfield Infrastructure-backed full-service submetering provider that measures and bills electricity, water, gas, and thermal utility usage for property managers, developers, and building owners across Canada and the United States.

Ownership category

akta.pro rank

Product category

Utility Submetering Services

NAICS

Totalizing Fluid Meter and Counting Device Manufacturing (334514), Electronic and Precision Equipment Repair and Maintenance (8112)

SIC

Industrial Instruments For Measurement, Display, And Control (3823), Instruments For Meas & Testing Of Electricity & Elec Signals (3825), Totalizing Fluid Meters & Counting Devices (3824)

akta.pro primary industry

Meter Data Management Systems (MDMS) (EUADAFAB)

akta.pro secondary industries

AMI Smart Meters (Electric) & Meter Hardware (EUADAFAA), Meter Installation, Exchange & Field Services (EUADAFAF), Metering Hardware & Field Services (AMI/AMR meters, endpoints, installation, maintenance) (EUANAIAA), Meter Reading Services (Manual, AMR/AMI Operations & Validation) (EUAJAKAC)

Keywords

• Submetering services
• Utility billing
• Electricity submetering
• Water submetering
• Energy management

Headquarters

HQ city

Markham

HQ country

Canada

HQ region

North America

Offices5 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

1. Submetering Billing Services: Core revenue stream from providing submetering utility billing services to residential and commercial buildings. Residents pay only for their actual utility consumption. The company issues over 4 million utility invoices annually across its contracted properties.
2. Submetering Equipment and Installation: Revenue from sale and installation of submetering equipment including electricity, water, gas, and thermal meters for new construction and retrofit building projects.
3. Turnkey Submetering Solutions: Full-service submetering covering design, implementation, and ongoing billing. Call centre, sales, engineering, commissioning, and billing all under one roof.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels3 records

Core offering

Metergy Solutions is a full-service submetering provider that measures individual electricity, water, gas, and thermal energy consumption in multi-unit residential and commercial buildings. It sells, installs, and maintains proprietary submeter equipment (Quadlogic and Triacta product lines) and issues monthly utility bills to residents, enabling property owners and managers to recover actual utility costs, improve building marketability, and increase net operating income.

Product overview

Metergy Solutions provides a comprehensive turnkey submetering and utility billing platform serving property managers, developers, and residents across North America. The core offering consists of four utility submetering solutions (electricity, water, gas, and thermal), supported by online resident portals (MyMetergy Portal) and property management tools. The company delivers end-to-end services from design through implementation to billing, with all operations (call centre, sales, engineering, commissioning, and billing) under one roof. The portfolio includes acquired brands Quadlogic Controls Corporation (electric submetering manufacturer and billing in New York) and Triacta (electric submeter products), as well as Energy Management Systems (EMS3, submetering services provider). The company also publishes educational content through its Submetering 101 resource.

Differentiator

Problem solved

Functional benefit

Products and services

• Electricity Submetering Submetering solution that measures individual electricity consumption in residential and commercial buildings, enabling fair allocation of utility costs to occupants.
• Water Submetering Submetering solution that measures individual water consumption, allowing property managers to allocate water costs fairly and encourage conservation.
• Gas Submetering Submetering solution that measures individual gas consumption in residential buildings, enabling accurate per-unit cost allocation.
• Thermal Submetering Submetering solution that measures thermal energy consumption (heating and cooling), enabling fair allocation of HVAC costs to individual units.
• MyMetergy Resident Portal Online resident portal allowing customers to access their Metergy accounts, monitor energy costs, view bills, and manage utility consumption data, available for both Canadian and US residents.
• Property Manager Portal Web-based portal for property managers to access property management tools, view submetering data, manage accounts, and access reporting dashboards, available in both Canada and the US.
• Submetering for New Construction Design and installation of submetering infrastructure for new building construction projects.
• Retrofit Submetering for Existing Buildings Submetering installation services designed for existing buildings that did not previously have submetering infrastructure.

Quantifiable outcome

• 40% electricity savings in submetered residential suites
• +4 more outcomes

Named customers2 records

Segments4 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability3 records

Feature4 records

Partnerships

Two partnerships are on record, tiered core.

• Quadlogic Controls CorporationcoreStrategic or Co-development Partner · 20 July 2022Metergy acquired Quadlogic Controls Corporation, the leading electric submetering manufacturer and billing company in New York, making Metergy the number one submetering provider in New York and one of the largest in North America. The complementary electric submeter product lines from both Quadlogic and Triacta (a wholly owned subsidiary) provide a scalable platform for continued innovation.
• Energy Management Systems (EMS3)coreStrategic or Co-development PartnerAcquired by Metergy Solutions, EMS3 was the largest submetering services provider in Pennsylvania with a strong presence in 40 states and over 70,000 meters under contract. This acquisition increased Metergy's service portfolio to over 700,000 meters under contract. EMS3 continues to operate under its established brand and maintains headquarters in Exton, Pennsylvania.

Scale indicators8 records

Recent moves5 records

Expansion highlights5 records

Broad incumbents

• Landis+Gyr: Landis+Gyr is a global smart metering and grid intelligence incumbent offering electricity, gas, and water AMI solutions. It competes indirectly with Metergy at the metering-hardware layer and overlaps on MDMS, though its primary customers are utilities rather than building owners.
• Itron: Itron is a global broad incumbent in smart metering, AMI, and meter data management for electric, gas, and water utilities. It overlaps with Metergy's hardware (smart meters) and MDMS capabilities, but serves utility customers at scale rather than specializing in residential submetering.
• Mueller Systems: Mueller Systems, a Mueller Water Products business, supplies smart water meters and AMI/network solutions for utilities and large multi-unit properties. It overlaps with Metergy's water submetering hardware and field-deployment capabilities.
• Neptune Technology Group: Neptune Technology Group is a leading North American water AMI and metering provider for utilities and large customers. It is comparable to Metergy on the water submetering side but targets municipal utilities rather than multifamily building owners.
• Badger Meter: Badger Meter manufactures flow measurement and water metering solutions for utilities and industrial customers. It is comparable to Metergy's water submetering product line, particularly via Quadlogic/Triacta-adjacent offerings, though it does not provide resident billing services.
• Aclara (Hubbell): Aclara, part of Hubbell, provides smart infrastructure solutions including electric, gas, and water AMI for utilities. It competes with Metergy in adjacent metering and MDMS capabilities, primarily at the utility-customer layer.

Direct peers

• Conservice: Conservice is a direct competitor providing utility billing and submetering services for the multifamily and commercial real estate markets across North America. It overlaps with Metergy on electricity, water, and gas submetering plus resident billing software, making it the closest like-for-like peer.
• EnerCare: EnerCare is a Canadian submetering and sub-metering services provider serving multi-residential customers in Ontario and other provinces. It is directly comparable to Metergy on geography, customer segment (property managers and residents), and the water/electric/gas/thermal submetering offering.
• Reliance Submetering / Reliance Comfort: Reliance Comfort (related to Reliance Submetering) provides submetering and utility management services for multi-residential buildings in Canada. It directly overlaps with Metergy on geography, customer segment, and the electricity/water submetering offering.

Emerging players

• H2O Degree: H2O Degree specializes in submetering and leak-detection hardware and software for water and gas in multifamily and commercial buildings. It is a focused emerging competitor on the water/gas submetering side where Metergy operates, though with a smaller installed base.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/metergy-solutions-inc

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries3 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Metergy Solutions