Honeydew Energy Advisors

What Honeydew Energy Advisors does

Honeydew Energy Advisors is a Silver Spring, Maryland-based energy consulting firm founded in 2016 that serves building owners, property managers, and condo/co-op associations across the DC, Maryland, Virginia, and broader Northeast corridor. The firm specializes in navigating complex building energy regulations—most prominently DC and Maryland Building Energy Performance Standards (BEPS), ENERGY STAR benchmarking, and local incentive programs such as DCSEU, Federal ITC, and SRECs—and delivers cost reduction through commercial solar procurement, LED retrofits, utility procurement, and utility bill refund recovery.

The firm's service portfolio includes Energy Benchmarking, BEPS Compliance advisory (covering Performance, Standard Target, Prescriptive, and Alternative Compliance Pathways), ASHRAE-based Energy Audits, Commercial Solar (PPAs, roof leases, canopies, and direct purchases), Solar Shading Analysis, Commercial & Industrial Utility Procurement across 40+ suppliers, LED Lighting Upgrades with shared-savings financing, and Utility Auditing for historical bill refunds. Its central operational asset is the Competitive Bidding Program, a structured RFP process that distributes client requirements to a prequalified network of solar installers, LED retrofit providers, and energy suppliers, then compares bids using standardized financial assumptions for apples-to-apples evaluation.

Honeydew generates revenue through professional consulting fees on benchmarking, audits, and compliance advisory engagements, transaction-based revenue via supplier referral/commission on utility procurement facilitation, and outcome-based revenue through 50/50 splits of recovered utility refunds and 5-year shared savings arrangements on LED retrofits. The go-to-market is sales-led and field-based, with energy advisors proactively engaging building owners and property managers, supplemented by content marketing, CAI Expo participation, and word-of-mouth referrals. The firm operates with a lean team of approximately six named individuals and serves a diversified mix of institutional clients (Howard University, Organization of American States, Alexandria Real Estate Equities) and SMB/residential accounts, with no disclosed institutional funding.

Name

Honeydew Energy Advisors

Legal name

Honeydew Energy Advisors

Website

https://honeydewadvisors.com

Company type

Private

Founded year

2016

Operating status

Operating

Headcount range

1–10 employees

Short description

Honeydew Energy Advisors is a Silver Spring, Maryland-based energy consulting firm serving building owners, property managers, and condo/co-op associations across the DC, Mid-Atlantic, and Northeast US with BEPS compliance, benchmarking, commercial solar, LED retrofits, and utility procurement advisory.

Ownership category

akta.pro rank

Product category

Energy Consulting Services

NAICS

Engineering Services (54133), Environmental Consulting Services (541620)

SIC

Services-Engineering Services (8711)

akta.pro primary industry

Energy Systems & Power Engineering Consulting (BPAHAIAG)

akta.pro secondary industry

Corporate & Voluntary Procurement Policy (PPAs, Green Tariffs, 24/7 CFE) (EUAMANAH)

Keywords

• Energy consulting services
• Building energy benchmarking
• BEPS compliance advisory
• Commercial solar procurement
• Utility procurement services

Headquarters

HQ city

Silver Spring

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Energy Consulting and Advisory Services: Honeydew charges fees for energy consulting services including benchmarking, energy audits, BEPS compliance advisory, and procurement management. Revenue derives from professional service engagements with building owners, property managers, and commercial clients seeking energy efficiency and regulatory compliance.
2. Utility Bill Refund Recovery: Honeydew splits savings found from erroneous utility charges and billing discrepancies discovered through utility auditing, sharing refunds 50/50 with clients.
3. Utility Procurement Facilitation: Honeydew works with 40+ energy suppliers to negotiate competitive rates for electricity and natural gas. While the exact fee structure is not disclosed, the company generates revenue by facilitating procurement between clients and suppliers, likely earning referral fees or commissions from suppliers.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels5 records

Core offering

Honeydew Energy Advisors is a sales-led energy consulting firm helping building owners, property managers, condo/co-op associations, and commercial/industrial clients in the DC metropolitan area comply with energy regulations (DC and Maryland BEPS, benchmarking), procure utility supply at lower rates via a 40+-supplier network, install commercial solar through PPAs and roof leases, and implement LED retrofits with no upfront cost via shared-savings financing. Its Competitive Bidding Program sends client requirements to prequalified energy providers and compares bids using standardized financial assumptions to enable apples-to-apples evaluation.

Product overview

Honeydew Energy Advisors is a premier energy consulting firm offering a comprehensive suite of energy efficiency and compliance services for commercial and residential properties in the DC metro area. The company's core offerings include Energy Benchmarking (using ENERGY STAR Portfolio Manager for regulatory reporting), BEPS Compliance Services (advisory for DC and Maryland Building Energy Performance Standards), Commercial Solar (PPAs, roof leases, canopies, and purchases), Commercial & Industrial Utility Procurement (partnering with 40+ suppliers for electricity and natural gas), Energy Audits (ASHRAE-based assessments), Utility Auditing (bill refund recovery), LED Lighting Upgrades (shared savings retrofits), and a Competitive Bidding Program (structured RFP process). These services are designed to work together—benchmarking and audits identify opportunities, while solar, LED upgrades, and utility procurement implement savings, all supported by competitive bidding to ensure optimal pricing.

Differentiator

Problem solved

Functional benefit

Products and services

• Energy Modeling Energy modeling service provided as part of Honeydew's energy consulting practice for commercial and residential buildings in the DC metro area.
• Energy Benchmarking Submission of energy and water usage data to city, county, or state governments using ENERGY STAR Portfolio Manager to measure building energy performance and ensure regulatory compliance for property owners and managers.
• BEPS Compliance Services Building Energy Performance Standards compliance advisory helping property owners in DC and Maryland meet efficiency requirements through multiple compliance pathways including Performance Pathway, Standard Target Pathway, Prescriptive Pathway, and Alternative Compliance Pathway.
• Commercial Solar Commercial solar energy solutions including rooftop solar canopies, Power Purchase Agreements (PPAs), roof leases, and direct solar system purchases, facilitated through a competitive bidding program for DC, Maryland, and Virginia commercial properties.
• Commercial & Industrial Utility Procurement Electricity and natural gas rate procurement services partnering with 40+ energy suppliers to identify lowest rates for commercial and industrial clients, offering fixed supply rates for 1-4 years with 100% renewable sourced options across DC, Maryland, Virginia, Pennsylvania, Massachusetts, Connecticut, and New York.
• Energy Audits ASHRAE-based energy audits that identify energy conservation measures, calculate payback periods, and recommend improvements to increase Energy Star scores and overall building efficiency for commercial and residential clients.
• Utility Auditing Utility bill analysis and refund recovery service that searches through historical utility and telecom data to identify erroneous charges and billing discrepancies, splitting recovered refunds 50/50 with clients.
• LED Lighting Upgrades LED lighting retrofits for commercial buildings with a shared savings financing program offering 50-75% reduction in electric consumption, no upfront cost, and an included 5-year maintenance program.
• Solar Shading Analysis Solar shading analysis for commercial properties that evaluates shading conditions to optimize solar panel placement and maximize energy generation potential.

Quantifiable outcome

• Reduce utility supply costs by up to 15%
• +6 more outcomes

Named customers10 records

Segments5 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Six partnerships are on record, tiered core and major.

• DCSEU (DC Sustainable Energy Utility)coreStrategic or Co-development PartnerHoneydew guides clients through incentive application processes administered by DCSEU, helping maximize financial benefits from utility rebates and efficiency programs.
• 40+ Energy Suppliers (Electricity & Natural Gas)coreChannel Partner/ Reseller/ DistributorHoneydew works with over 40 different energy suppliers to identify lowest electricity and gas rates for commercial and industrial clients across DC, Maryland, Virginia, Pennsylvania, Massachusetts, Connecticut, and New York.
• Prequalified Energy Service ProviderscoreChannel Partner/ Reseller/ DistributorHoneydew maintains a vetted network of solar installers, LED retrofit providers, and energy service companies that participate in their competitive bidding program, competing for client projects.
• Citizen EnergymajorChannel Partner/ Reseller/ DistributorLED financing company providing unique shared-savings model for commercial lighting retrofits. Julian Belilty helped launch Citizen Energy prior to Honeydew. Chevy Chase Acura project implemented through Citizen Energy partnership.
• NextilitymajorChannel Partner/ Reseller/ DistributorSolar financing and energy brokerage firm based in DC where both Julian Belilty and Andrew Zimdahl served as Sr. Energy Advisors before founding Honeydew. Represents prior professional relationship shaping Honeydew's service model.
• Howard UniversitycoreOthersMajor long-term client engagement since 2015 where Julian Belilty serves as consultant for energy procurement decisions. Howard University relies on Honeydew for natural gas and electricity procurement, solar initiatives, and energy benchmarking compliance.

Scale indicators10 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Bright Power: Bright Power provides energy benchmarking, BEPS-style compliance, and energy management services to NYC multifamily and commercial portfolios. Closely comparable service mix (benchmarking, audits, retrofits) in a similar regulatory environment, concentrated in the Northeast.
• Scale Microgrid Solutions: Scale Microgrid Solutions finances, develops, and operates behind-the-meter solar, storage, and microgrid projects for commercial customers. Comparable in delivering no-upfront-cost financed energy solutions and managing projects end-to-end on behalf of building owners.
• EnergySage: EnergySage runs a solar and energy-procurement marketplace that aggregates prequalified installers and suppliers for commercial and residential customers. Comparable in competitive-bidding-driven procurement and supplier aggregation, though primarily consumer-facing versus Honeydew's B2B advisory motion.
• BlocPower: BlocPower finances and delivers energy efficiency upgrades for commercial and multifamily buildings using a tech-enabled project model. Directly comparable in targeting building owners for no-upfront-cost energy upgrades, though operating at a larger venture-backed scale than Honeydew.

Broad incumbents

• Schneider Electric Energy & Sustainability Services: Schneider Electric's Energy & Sustainability Services business advises enterprises on energy procurement, sustainability reporting, and compliance programs. Comparable strategic advisory capabilities, but typically delivered alongside Schneider hardware and software at enterprise scale.
• ENGIE Insight: ENGIE Insight (formerly Ecova) provides utility data management, bill auditing, and energy procurement services for multi-site commercial customers. Most directly comparable to Honeydew's utility-procurement and bill-audit lines, but operates as a national platform rather than a regional consultancy.
• TRC Companies: TRC is a national engineering and consulting firm with a dedicated energy, compliance, and benchmarking practice serving utilities and large property owners. Comparable in BEPS-style compliance and benchmarking advisory, but bundled with much broader engineering, environmental, and infrastructure services.
• CLEAResult: CLEAResult designs and implements energy efficiency and demand-response programs on behalf of utilities and governments across North America. Comparable in energy advisory and program delivery, but at vastly greater scale and with utility-side contracting rather than direct property-owner engagement.

Others

• EnergyHub: EnergyHub provides a DERMS platform that utilities and aggregators use to manage behind-the-meter assets including smart thermostats, EVs, and solar+storage. Adjacent ecosystem player — comparable customers and regulatory drivers, but a software-vendor model rather than a consulting model.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xtwitter.com/jmbelilty
• LinkedInlinkedin.com/in/jmbelilty

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 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 Honeydew Energy Advisors