Energy Spectrum

What Energy Spectrum does

Energy Spectrum Inc. (formerly branded ESI, founded 1997) is a privately held, Brooklyn-headquartered energy management services and technology firm that serves commercial, residential, and industrial building owners and property managers across the New York metropolitan area. Its core offering is the proprietary EnerPrize™ software platform, which provides real-time and historical submeter data acquisition, tenant-level billing, ISO electric pricing feeds, building management system (BMS) integration, EPA Portfolio Manager benchmarking, and demand response program management through interconnected Dashboard, Submetering, and Demand Response modules. The platform incorporates automated load curtailment, predictive demand forecasting, and anomaly detection capabilities to optimize energy use and flag faulty meters.

The firm monetizes through three primary revenue streams: (1) professional services including energy audits, NYC Local Law 84 and 87 compliance, retro-commissioning, energy procurement advisory, incentive program administration (NYSERDA, Con Edison, LMEP), and bill auditing; (2) managed submetering and tenant billing services via EnerPrize™; and (3) demand response program participation management that yields financial benefits to clients through NYISO and Con Edison programs. Pricing is quote-based, determined by building size and scope, with bill auditing structured on a contingency basis (no upfront cost). The go-to-motion is direct enterprise field sales to building owners and property managers in the NYC metro, with services delivered in-house by engineers, technology professionals, and field technicians rather than subcontracted.

Notable enterprise clients include Memorial Sloan-Kettering Cancer Center, Montefiore, Maimonides Medical Center, Related, RFR, Douglas Elliman, JLL, Trump, and Extell, concentrated in NYC real estate and healthcare. Energy Spectrum has administered over 70% of all Lower Manhattan Energy Program benefits under its auspices and has received the Con Edison GREENTEAM Commercial and Industrial Energy Efficiency Market Partner Award. As of 2025, the company made a capital investment in Renegade Infrastructure, signaling financial optionality; no funding rounds, acquisitions, or institutional investors are disclosed.

Name

Energy Spectrum

Legal name

Energy Spectrum Inc.

Website

http://www.energyspec.com

Company type

Private

Founded year

1997

Operating status

Operating

Headcount range

11–50 employees

Short description

Energy Spectrum (founded 1997, Brooklyn, NY) provides proprietary EnerPrize™ energy management software and managed services—submetering, demand response, procurement, Local Law 84/87 compliance, and incentive administration—to commercial, residential, and healthcare building owners and property managers in the New York metropolitan area.

Ownership category

akta.pro rank

Product category

Building Energy Management

NAICS

Electric Power Generation, Transmission and Distribution (2211), Electric Power Transmission, Control, and Distribution (22112)

SIC

Electric Services (4911), Instruments For Meas & Testing Of Electricity & Elec Signals (3825), Industrial Instruments For Measurement, Display, And Control (3823)

akta.pro primary industry

Energy Management & Monitoring (Submetering, Dashboards, Analytics) (BPABAGAD)

akta.pro secondary industries

Customer Energy Engagement (In-Home Displays, Portals, Usage Insights) (EUADAFAH), Metering Data Acquisition & Customer Enrollment/Onboarding Services (EUAGAEAG), Capacity Markets & Resource Adequacy (ICAP/UCAP, CRM) (EUAFALAC), Energy & Utilities in Manufacturing (Energy Management/Smart Metering) (IMAIAMAK), Utilities & Energy Management (Meters, Boilers, Chillers) (EDALALAH)

Keywords

• Energy management services
• Building energy audits
• Tenant submetering solutions
• Demand response management
• Energy procurement advisory

Headquarters

HQ city

Brooklyn

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Energy Management Consulting Services: Comprehensive energy management services including energy audits, local law compliance (LL84, LL87), retro-commissioning, and strategic planning. Revenue generated through professional service fees for assessment, implementation, and ongoing consulting.
2. Tenant Submetering Services: Submeter reading and billing services using proprietary EnerPrize™ platform. Includes installation, maintenance, and monthly billing generation for tenants.
3. Energy Procurement: Energy procurement advisory services leveraging relationships with Energy Service Companies (ESCOs). Helps clients secure advantageous rates in deregulated markets, likely generating fees or commissions based on savings achieved.
4. Demand Response Management: Custom-tailored participation in demand response programs as either curtailment or generation resources. Facilities realize financial benefits through NYISO and Con Edison programs.
5. Incentive Program Administration: Identification, application, and administration of utility and government incentive programs including NYSERDA, Con Edison incentives, and LMEP. Clients have been awarded millions in incentives.
6. Bill Auditing: Expert review of energy statements for billing inaccuracies and over-billing. Potentially recovers past overpayments with no upfront cost to clients.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels1 record

Core offering

Energy Spectrum delivers building energy management through its proprietary EnerPrize™ software platform combined with professional services. The platform provides real-time submetering, utility and ESCO billing, demand response, and energy analytics. The company additionally provides local law compliance (NYC LL84/LL87), tenant submetering, energy procurement, demand response program management, incentive program administration, and bill auditing services to commercial, residential, and industrial building owners in the New York metro area.

Product overview

Energy Spectrum offers a unified platform-plus-services model centered on its proprietary EnerPrize™ software platform, which serves as the core technology connecting all energy management functions. EnerPrize™ provides multiple integrated modules including Dashboard, Demand Response, and Submetering, all built on shared intelligence, normalization, and organization capabilities. Alongside the software platform, Energy Spectrum delivers professional services spanning Local Laws compliance, tenant submetering, energy procurement, demand response program management, incentive program navigation, and bill auditing. The platform integrates with facility Building Management Systems (BMS) and uses EPA Portfolio Manager for benchmarking compliance. The company serves commercial, residential, and industrial buildings including office spaces, hospitals, universities, and personal care homes.

Differentiator

Problem solved

Functional benefit

Brands

• EnerPrize™: Proprietary energy management technology platform providing tenant sub metering, utility and ESCO billing, hourly ISO electric pricing, interval energy consumption data, BMS set points, and demand response weather statistics on one platform.

Products and services

• EnerPrize™ Platform EnerPrize™ is Energy Spectrum's proprietary cloud-based energy management software platform providing real-time and historical energy data monitoring, tenant submetering, utility billing, hourly ISO electric pricing, BMS integration, demand response management, predictive forecasting, and automated load curtailment, accessible via web or mobile to commercial, residential, and industrial building owners.
• Local Laws Compliance Services Compliance services for NYC Local Law 84 (energy benchmarking) and Local Law 87 (energy audits and retro-commissioning) for buildings over 50,000 square feet, including ASHRAE Level II audits, deficiency reporting, and city filing on behalf of building owners.
• Tenant Submetering Services Comprehensive submeter reading and billing solution combining proprietary EnerPrize™ technology with expert energy consulting for new construction, upgrades, and existing installations, including fault detection, tenant portals, and customized billing for multi-tenant residential and commercial buildings.
• Energy Procurement Services Energy procurement advisory services leveraging relationships with Energy Service Companies (ESCOs) to help clients secure advantageous rates in deregulated energy markets, including rate analysis and contract negotiation.
• Demand Response Services Turnkey demand response program participation management including analysis of curtailment or generation options, equipment evaluation, program selection (Con Edison or NYISO), kiloWatt contribution assessment, and bid-in process assistance.
• Incentive Programs Services
• Bill Auditing Services Expert review of energy statements for billing inaccuracies and overcharging across bundled and deregulated tariffs including gross receipt tax, time of use options, sales tax, DC charges, and transmission/distribution tariffs, with potential recovery of past overpayments at no upfront cost to clients.

Quantifiable outcome

• Clients awarded millions of dollars in incentives through NYSERDA, Con Edison, and LMEP programs
• +2 more outcomes

Named customers14 records

Segments4 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration2 records

AI capability4 records

Feature5 records

Scale indicators3 records

Recent moves7 records

Expansion highlights4 records

Direct peers

• Aquicore: Commercial real estate energy management platform providing real-time submetering, benchmarking, and analytics. Highly comparable for CRE-focused energy data and benchmarking workflows.
• Bright Power: NYC-based energy management services and software provider focused on multifamily and commercial buildings. Highly comparable given overlapping focus on NYC Local Law compliance, submetering, and energy audits for the same customer base.
• EnergyHub: Demand response and distributed energy resource management platform serving utilities and building operators. Comparable in its DR program participation management and Mercury DERMS platform functionality.
• GridPoint: Building energy management platform combining submetering, demand response, and analytics. Directly comparable to EnerPrize's integrated submetering + DR + analytics model.
• EnergyCAP: SaaS energy management platform providing utility bill tracking, submetering, and benchmarking for commercial and institutional customers. Comparable through its energy data management and utility billing software stack.
• Willdan Energy Solutions: Energy efficiency consulting and implementation services for commercial, institutional, and government customers. Comparable through energy audits, retro-commissioning, and utility program administration.
• Arcadia: Clean energy data platform including building energy management, submetering analytics, and benchmarking. Overlaps with EnerPrize's tenant usage analytics and interval data processing capabilities.

Broad incumbents

• Schneider Electric (EcoStruxure): Global building automation and energy management incumbent offering EcoStruxure with native submetering, BMS, and analytics. Competes at the platform layer with vastly larger R&D and geographic reach.
• Siemens Smart Infrastructure: Global infrastructure provider offering building energy management, submetering, and demand response through the Navigator platform. Broad incumbent with comparable functionality at much greater scale.
• Honeywell Building Technologies: Major BMS and building energy management incumbent with Niagara Framework and integrated submetering. Broad incumbent competing across Energy Spectrum's full stack with deeper resources.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks7 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/729182

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 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 Energy Spectrum