There are millions hiding in your utility bills
TrueMeter automatically audits, pays for and claims bill savings across multi-location power bills.
The Challenges of Optimizing Energy Rates
Exercising Control Over Monolithic Utilities
Power rates change daily across thousands of utilities with no direct way for a utility customer to influence or negotiate.
Inaccurate and Time Consuming Forecasts
Benchmarks to revenue and year-over-year growth assumptions miss the complexity of power markets and lead to subpar planning.
Opaque Audits and Accrual Accounting
Sporadic service periods, utility-specific terms and complex bill renegotiation processes make utility audits near impossible.
TrueMeter automatically optimizes power rates: 365 days, across 3,000+ energy producers
Instantly connect and unify all utility bills and insights.
Simply link TrueMeter with your utility portals to gain instant operational, financial, and power demand insights for all your locations.
Automatically lock in the lowest power rates for a guaranteed beat on your utility budget.
Let TrueMeter’s AI energy manager select the cheapest rates, applicable incentives, and utility programs to drive savings on auto-pilot.
Pay for all your utilities through a single predictable invoice.
Let TrueMeter automatically audit, account, and pay all due utility bills, and coordinate utility service requests.
Delivering savings to multi-unit operators
Savings delivered.
US utilities optimized.
Chain businesses served.
Delivering Savings with No Investment Required
TrueMeter delivers savings solely through online utility accounts and gets compensated a percentage of delivered savings.
Frequently asked questions
How does TrueMeter’s payment plan work?
You pay TrueMeter a monthly prepayment every month and we pay your utility bills with your utility on your behalf. At the end of the month, TrueMeter reconciles the actual cost paid to utilities against your monthly prepayment so that you only pay for what you were charged. You can still monitor your power bills, make changes to your utility account and download audit-ready accounting reports, while outsourcing all utility management to TrueMeter.
Does TrueMeter cover both electricity and natural gas?
Yes, your TrueMeter payment plan covers both electricity and natural gas. TrueMeter automatically switches your electricity source to a renewable energy generator. Since there is no renewable energy option to power your gas-appliances (gas stove, gas heater etc.), you will continue receiving natural gas without interruption.
Is there a fee to add trash and water service?
If the service charge is bundled with your power bills, we will reflect it in your billing by passing through the actual costs to you. We charge no added fees to process trash or water charges.
If my utility requires two-factor authentication (2FA), how does TrueMeter handle it?
Our team works with you to set up access securely, while keeping your account protected. TrueMeter customers receive support from a dedicated Customer Success Manager that assists in any verification process.
What is TrueMeter’s relationship with utilities?
TrueMeter is a private company, separate from utilities. TrueMeter is an approved third-party service provider to many utilities and operates as an energy agent in all US jurisdictions. TrueMeter's subscriber agreement includes a tri-party contract between TrueMeter, the TrueMeter customer, and utility which allows TrueMeter to act on the customer's behalf and pay bills with utility. TrueMeter customers continue to own their utility accounts to ensure there is no disruption in service if they decide to stop using TrueMeter, but they no longer pay utility bills and paying for utility bills becomes TrueMeter's responsibility.
What happens if I terminate my account before the 12-month contract ends?
You can cancel at any time by emailing us at founders@truemeter.com or by requesting a cancellation on your account. If TrueMeter has paid more for your utilities than you have paid to TrueMeter, the difference will be the cancellation fee. Otherwise, there will be no cancellation fee.
What happens if I open a new store?
Your new store will be added at any point in time, with no extra cost. TrueMeter optimizes, pays for and uncovers insights on any bill at any point in time.
What happens if I close a store?
We automatically handle the closure through your subscription and close the utility account for you. Your new store will be added at any point in time, with no extra cost. TrueMeter optimizes, pays for and uncovers insights on any bill at any point in time. Your new store will be added at any point in time, with no extra cost. TrueMeter optimizes, pays for and uncovers insights on any bill at any point in time.
Can I analyze store-by-store or cross-location billing or energy demand?
Yes, TrueMeter provides billing and energy demand reporting broken down by each location in your invoices and your dashboards. TrueMeter is the only Energy Management Platform that delivers cross-location insights automatically and uncovers deep savings levers from every single bill.