Download utility bill data. Fast. - Cleantech...

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Download utility bill data. Fast.

Transcript of Download utility bill data. Fast. - Cleantech...

Download utility bill data. Fast.

UtilityAPI

The solar industry needs instant meter data and we provide it.

We have developed a universal API for electricity which will accelerate the

transformation of the energy industry as we know it.

Our solution solves a pain point for an entire industry growing 40% year over year.

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The problemThere is no software today to gather, clean and import the data in

order to go solar - it is still done via pad & paper.

An industry held back by data issues:

$ % 3-way phone call with the

utilityCustomer reads

data from billSalesperson types in data from pdf bill

Wait three weeks for an authorization

form to be processed

Collecting utility data is messy and can take up to three weeks to download and clean.

& '

( Yes, that’s a fax

machine

UtilityAPI turns this mess…

Collecting utility data is messy for new energy companies.

…into an elegant solution

Our unique API adapters allow solar companies

instantly access the data they need.

Similar models to Twilio and mint.com

A simple process

$ )Pdf bills and bill data in easy-to-use csv form,

including TOU and demand charges.

A simple processCustomer uses portal Solar consultant sees their data instantly

Business model

Historical Collection Ongoing Monitoring$10/meter $1 meter/month

+7 more by the end of 2015

Use cases

How many solar panels are needed

on a home?

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How much did someone save

by going solar?

*What’s the payback of commercial

energy efficient upgrades?

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Initial addressable market

Market forecasts for 2022

Initial addressable market: Solar Customer Acquisition Costs (CAC)

10% of solar market costs*

$625 Billion in residential generation and storage**

$30 Billion in storage by 2022.**

$960 Billion in energy efficiency retrofits**

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+

Adjacent markets: $1.5 Trillion

*Frost and Sullivan, Solar Energy Industry Association**Navigant research

2013 $6B

2020$13.7B

Accelerating traction…

Registrations are the number of people who have created an account with UtilityAPI

Accounts are the number of utility accounts which have been added to UtilityAPI

Meters are the number of meters we have collected data for. Commercial accounts have multiple services/meters.

We charge on a per-meter basis.

Testimonials and validationSome of the biggest names in solar have validated us by

working with us

We are leaders in the cleantech community, including press in Greentech Media.

Our customer pipeline is detailed in our financial model.

Team

DANIEL ROESLER – CO-FOUNDER & CTOBuilt software platform for 1.2M users at Fitocracy 500 startups alumnus, Cleanweb SF organizer UT Austin, Chemical Engineering Commercial solar project developer engineer Sailor, homebrewer, Eagle Scout

ELENA LUCAS – CO-FOUNDER & CEOFP&A for $200M budget at PG&E UC San Diego: Master’s of International Economics, focus on econometrics, energy policy Women in Cleantech and Sustainability board member Ice skater, artist, Girl Scout Gold Awardee

Founded in 2014

KEITH PHILPOTT – VP ENGINEERINGWeb developer with a decade of professional experience. Projects: music organizations (eamdc.com), food startups (Feastly), to his own ideas (loiter.co), and many others. He is a recent Bay Area transplant from Michigan via New York and a compulsive purchaser of cookbooks.

Advisors

DANNY KENNEDY

Founder of Sungevity, Co-founder of SfunCube

HEIDI LUBIN

Cleantech entrepreneur with a successful exit

EMILY KIRSCH

Co-founder of SfunCube, solar industry leader

WE HAVE CONSULTED WITH: Arno Harris, CEO & Chairman of Recurrent Energy, Board Chair of Solar Energy Industries Association (SEIA)

Jigar Shah, clean energy entrepreneur, Founder, Generate Capital Simon Parmett, SVP Global Field Operations at Mulesoft

RICK MOSS

Managing Director and Founder at Better Ventures

WES SELKE

Managing Director and Founder at Better Ventures

JON WELLINGHOFF

Former FERC Chairman

Elena Lucas Co-founder and CEO, UtilityAPI

[email protected]