Utility data for commercial buildings and campuses

Offices, campuses, and multifamily buildings each bring their own utility accounts, and those accounts change hands when a property is bought or sold. Nectar collects the owner-paid bills, keeps every building complete for benchmarking, and tracks the account changes through the transaction.

City skyline of office towers at dusk

Office buildings, corporate campuses, industrial parks, and multifamily communities are billed by different utilities, often with several meters and a district steam account on the same site. Many US cities require annual energy benchmarking, and some enforce building performance standards with penalties when a building exceeds an energy or emissions limit. A sale or a refinance is when the account history usually breaks.

Nectar collects owner-paid utility bills directly from 7,000+ utilities, parses each at the line-item level, and keeps every property’s data complete and synced with ENERGY STAR Portfolio Manager.

Challenge

Benchmarking and building performance deadlines arrive with data gaps.

Solution

Data completeness is tracked by property, meter, and month, with gaps assigned as tasks, and property data stays synced with ENERGY STAR Portfolio Manager, the tool most US benchmarking ordinances use for submission.

Challenge

Acquisitions and dispositions leave utility accounts in limbo.

Solution

Nectar opens, transfers, and closes accounts in your name, requests deposit refunds, confirms final bills, and keeps every account record current. Large transactions are scoped as separate projects.

Challenge

Utility cost variance hits NOI before anyone can explain it.

Solution

Every bill is checked against its history and tariff, anomalies are flagged on arrival, and saved budget scenarios track actuals and variance by property as each bill lands.

Benchmarking ordinances and building performance standards

Building performance standards in cities such as New York, Boston, Washington, and Denver depend on complete, accurate annual energy data for each covered building. Nectar keeps that data current all year, with each value linked to its source bill, so compliance work starts from a complete data set instead of a scramble.

Per-meter push start dates, one-off earlier cutoffs, and safe handling of overlapping records make ENERGY STAR updates repeatable rather than manual.

Boilers and chillers in an office mechanical room

Corporate and commercial campuses

Campuses combine many buildings, meters, and commodities, often including district steam alongside electricity, gas, and water. Nectar groups meters by building and site, splits each bill’s charges across every meter it covers, and compares buildings on energy intensity.

Energy projects are recorded with their cost, timing, and expected savings, measured against a weather-normalized baseline, and rebates and incentives are applied for with your approval.

Aerial view of a corporate campus

Why property teams choose Nectar

Nectar benchmarks dashboard — platform dashboard screenshot

Data

Owner-paid utility data for every property parsed at 99.2% accuracy, with completeness tracked by meter and month and every value linked to its source bill.

Automation

Bills collected directly from utilities, anomalies flagged on arrival, and property data synced with ENERGY STAR and exported to your ESG platform.

Service

Account changes handled through acquisitions and dispositions, human review of flagged bills, and a named customer success manager for your portfolio.

What changes for property teams

Benchmarking submissions ready

Before Nectar, each ordinance deadline meant weeks of data entry. After, property data stays synced with ENERGY STAR Portfolio Manager.

→ ENERGY STAR

Data coverage you can show investors

Before Nectar, coverage gaps were found at reporting time. After, completeness is tracked by property, meter, and month all year.

→ Data completeness

Clean handoffs on every transaction

Before Nectar, sold buildings kept generating bills and new ones arrived unmapped. After, accounts are opened, transferred, and closed in your name.

→ Account open and close

Utility budgets tied to actual bills

Before Nectar, utility budgets were rolled forward from last year. After, forecasts and variance come from actual bill data for every property.

→ Budgeting and forecasts

Frequently asked questions

Does Nectar handle tenant utility billing?

No. Nectar does not bill tenants or residents. It manages owner-paid utility accounts and provides validated data that your property accounting or submetering provider can use.

Does Nectar help with building performance standards?

Nectar keeps whole-building utility data complete, auditable, and synced with ENERGY STAR Portfolio Manager, which is the data foundation for benchmarking ordinances and building performance standards.

Can Nectar cover multifamily properties?

Yes, for owner-paid accounts at commercial-scale properties, such as common areas, central plants, and master-metered buildings.

One platform for every utility decision

Utility bill management, energy cost management and procurement, and sustainability reporting in one system, shared by energy, finance, operations, and sustainability teams.

Nectar utility bill management — utility data management feature

Utility bill management

Every bill for every utility, waste, and telecom account collected, parsed at the line-item level, and tracked against its expected date.

Automated bill collectionData completenessAudit trailAI agent and smart reports
Nectar sustainability reporting and benchmarks — utility data management feature

Sustainability reporting and benchmarks

Audit-ready data for ESG reporting, site benchmarks, ENERGY STAR sync, and exports to carbon accounting platforms.

BenchmarksENERGY STAR Portfolio ManagerESG and carbon integrationsWaste and recycling
Nectar bill audit, bill pay, and ap — utility data management feature

Bill audit, bill pay, and AP

Errors caught before payment, past overcharges recovered, and validated bills paid on time or delivered to your AP system.

Utility bill auditsHistorical bill auditUtility bill paymentsAP and ERP integration
Nectar energy cost management and procurement — utility data management feature

Energy cost management and procurement

Tariff and rate optimization, demand management, and procurement advisory. Customers typically save 3 to 5% of annual utility spend.

Tariff and rate optimizationDemand managementProcurement advisoryBudgeting and forecasts

Loved by customers in every industry

Customer Stories
Jeremy Pike, Sustainability Leader at Idaho Milk Products — Nectar customer

Jeremy Pike

Sustainability Leader, Idaho Milk Products

“Thanks to Nectar's innovative solution, we can accurately assess our environmental impact, becoming a pioneer in sustainability among our peers.”

John O'Connell, CEO and Founder at Stanwich Energy — Nectar customer

John O'Connell

CEO and Founder, Stanwich Energy

“Nectar enables faster insights, smarter forecasting, and more accurate budget tracking. It also strengthens our ability to deliver on key sustainability goals by providing real-time visibility into usage and emissions.”

Matt Greening, Founder and Director at Nettzero — Nectar customer

Matt Greening

Founder and Director, Nettzero

“Nectar serves as a reliable and cost-effective technology solution to extract, store, and analyse sustainability data leading to enhanced reporting capabilities and streamlined workflows.”

Ready to get started with Nectar?

Try your utility bill on our live demo or get in touch

Nectar is an AI-native utility bill management platform for commercial and industrial organizations, with 99.2% line-item parsing accuracy, coverage of 7,000+ utility providers, and automated data collection.

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