1Efficiency

1Efficiency, Inc. positions itself as a critical partner for building portfolio managers aiming to curtail energy expenditures. Founded in August 2012 by Tony Giroti, a serial entrepreneur with over two decades of experience in the high-tech and energy sectors, the company is headquartered in Newton, Massachusetts. Giroti's background includes serving as CEO of Bridge Energy Group, where he achieved significant growth, and as the Chief Architect for a notable Smart Grid project, experiences that directly inform 1Efficiency's mission.

The company's core offering is a cloud-based Energy Management Product Suite designed to automate and control utility-related expenses across a portfolio of buildings. This software-based solution addresses a significant market, targeting the millions of commercial buildings in the United States that spend billions on energy, a substantial portion of which is wasted. 1Efficiency's business model is centered on providing its software suite without upfront capital costs, making it an accessible option for property managers, energy consultants, and original equipment manufacturers. Revenue is likely generated through a recurring subscription model, offering partners a new revenue stream.

The platform's central technology is its Energy Consumption Database, which automatically pulls billing and consumption data directly from utility providers, eliminating manual data entry. This database aggregates information for electricity, water, and gas, allowing clients to visualize, monitor, and manage consumption across their entire portfolio. Key features include a "Portfolio Builder" for easy tracking at both holistic and individual building levels, "Peak Demand Alerts" to help conserve power during high-cost periods, and an "Energy Savings Concierge" that provides tailored recommendations. By using the software, customers can initiate savings of 10-15% without any hardware investment and use the platform's measurement and verification tools to track progress towards sustainability goals.

Keywords: energy management software, utility expense management, building energy optimization, cloud-based energy platform, energy consumption database, utility bill automation, commercial building efficiency, energy savings, portfolio energy management, Tony Giroti, smart grid solutions, energy data aggregation, peak demand management, water consumption monitoring, gas consumption monitoring, sustainability goals tracking, facility management tools, property technology, energy cost reduction, operational efficiency