Save millions across your properties without sacrificing guest comfort
For the average US hotel, utilities are the largest cost item and a source of rich operational data. Let AI optimize, audit, and analyze your energy usage automatically.
How Yoshinoya secured $200K+ from utility bills
TrueMeter automatically audits, pays for and claims savings across multi-location power bills.
"TrueMeter is savings us $200K+ each year. For the first time ever, we can see billing and energy usage data for our 82 locations and 11 utilities - all in one dashboard."
Yoshinoya consolidated 1,154 annual power bills into 12 with TrueMeter’s consolidated payment plan and secures savings on auto-pilot.
Savings secured with zero effort
Saved from accounting, tracking and accruing utility service periods
Service
Automating utility audits, service requests and restaurant-level energy analytics
Capture utility savings on auto-pilot
TrueMeter's AI Energy Manager shops rates across 3,000+ energy generators, corrects billing errors and finds the cheapest vendors across your footprint.
Let our AI Agent audit, account and pay your utility bills
TrueMeter consolidates all utility bills into a single monthly invoice, audits for billing errors and provides enterprise-grade accounting reports.
Unlock new operational insights across all your locations
TrueMeter consolidates hourly energy usage insights and energy efficiency benchmarks across all utilities to flag outliers and operational improvement opportunities.
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.