Rate and Tariff Optimization
Nectar’s rate optimization tools automatically analyze your utility tariffs, usage, and contract terms to identify the best rates and maximize savings—no expertise required. Stop overpaying for energy and unlock cost reductions with AI-driven recommendations and hands-free automation.
Challenge
Complex tariffs make it hard to find optimal rates.
Solution
Nectar scans your usage and rate options to recommend and implement the best-fit utility tariffs for each site.
Challenge
Manual rate review leads to missed savings opportunities.
Solution
Nectar continuously monitors rates and flags opportunities to switch, so you capture every possible savings.
Challenge
It’s tough to forecast savings or model scenarios.
Solution
Nectar provides budgeting, scenario analysis, and forecasts, so you can confidently plan and realize savings before making changes.
Save 17% on utility costs
Nectar automatically finds the best utility rates, audits your bills, and streamlines payments to cut costs and prevent errors. With built-in forecasting and real-time savings alerts, you can plan confidently and capture every cost-saving opportunity.
Rate Comparison & Cost Optimization
Nectar automatically analyzes all available utility tariffs and your historical usage to recommend the most cost-effective rates—ensuring you never miss out on potential savings.
AP Automation & Late Fee Avoidance
Pay bills on time, every time, with automated accounts payable workflows. Eliminate late payment penalties and streamline utility payments across your organization.
Automated Bill Audits & Corrections
Every bill is checked against your optimal rate structure and usage patterns. Discrepancies or billing errors are instantly flagged for correction, so you only pay what you should.
Budgeting, Forecasting & Scenario Modeling
Plan ahead with confidence—Nectar generates accurate forecasts, allows you to model different rate scenarios, and tracks performance against your budget goals.
Actionable Insights & Savings Alerts
Get real-time notifications when a more cost-effective rate becomes available or when your usage pattern changes, so you can act quickly to optimize savings.
Ready to get started with Nectar?
Try your utility bill on our live demo or get in touch
Learn more about Nectar
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