Energy brokers and consultants
Access accurate metered and cost data from utility bills. Increase your services' stickiness by realizing more cost savings for your clients. Build products faster by accessing a global API of energy data. Validate all line items on utility bills.
Challenge
Data collection for clients' carbon accounting and compliance is manual.
Solution
Nectar continuously ingests utility usage and cost data across electricity, gas, and water via direct portal login or bill uploads. Data syncs within 48 hours, eliminating manual requests.
Challenge
Utility bill audits are difficult without accurately classified line items
Solution
Nectar uses AI-powered parsing to segment bills into granular line items—such as demand, supply, delivery, taxes and fees—with 99.2% accuracy. Brokers and managers can audit costs line-by-line and benchmark by facility or tariff type.
Challenge
Current solutions don't relate supplier contracts with utility bills
Solution
Nectar maintains a full audit trail linked to each bill and creates the relations between bills, contracts, and sites. Easily search through your data by account, meter, or any identifier.
How Nectar works
Connect utility accounts to Nectar
Connect your facilities' utility accounts to Nectar for ongoing live updates. Every month, when a new bill appears, Nectar pulls the data into the system automatically. Alternatively, upload PDFs / bill images directly.
Nectar extracts data at 99.2% accuracy
Nectar is the industry leader for utility bill processing, and any errors detected by automatic checks are fixed by our team. Using state of the art AI, Nectar extracts all details from bills, including metered usage, demand usage, and line items.
Analyze line items, cost, and usage
All line items are classified by supply, delivery, and utility type. Analyze cost, spikes in usage, and track supplier contracts on the same page as utility bills.
Export to your system or use Nectar's analysis tools
Automatically export your clients' data to your system or use Nectar directly as a white-labeled solution. Nectar supports API integrations into your system of record.
Before and after using Nectar
Dynamic rate & tariff optimization
Nectar breaks down every line item—supply, demand, delivery, taxes, and tariffs—enabling side-by-side comparison of contracts across locations. The platform flags high-cost tariffs and suggests switching opportunities, helping clients renegotiate contracts based on granular usage data.
Maintain full audit trail, always ready for reports
Nectar retains every downloaded bill, parsed charge, portal authentication and timestamp in a secure, SOC‑2 compliant system. This streamlines audits and ensures full traceability of bill to contract alignment.
Powerful API that is always ready to process data
Upload pdfs directly to Nectar's API, connect utility accounts, or expose an iframe to connect your clients' accounts. Maintain access in real time and always keep your data up to date.
Interest & tax charge analyzer
Nectar’s line-item parsing identifies embedded interest penalties and jurisdictional taxes. Users can extract and export these values separately for cost recovery and accurate financial accounting.
"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"
John O'Connell
CEO and Founder
Stanwich Energy
Powerful API for every product
Explore the Nectar API documentation to learn more about accessing utility data for your product. Deliver a delightful experience to your customers with accurate data access.
Configure clients, locations, and utility accounts
Seamlessly onboard every site, client, or portfolio—no matter how complex. Nectar automates utility data collection across electricity, gas, and water by linking directly to provider portals or processing uploaded bills. All data is unified and updated automatically within 24 hours, eliminating spreadsheets and email follow-ups.
Access accurate meter and cost data
Unlock full transparency into your utility spend. Nectar’s AI parses every bill into detailed, auditable line items—including supply, demand, delivery, taxes, fees, and tariffs. Instantly access this granular data via API, empowering you to benchmark sites, analyze costs, and optimize rates.
Ready to get started with Nectar?
Try your utility bill on our live demo or get in touch
Learn more about Nectar
How hard can data collection get? What has worked for companies? We've got it all covered.
