DaisyChain Energy aims to make it easy for buildings to decarbonize. The company serves multifamily buildings, hospitals, data centers, and hyperscalers through a unified software and controls stack.
DaisyChain Energy
Submetering and Load Management Platform
Platform delivering comprehensive management of electric loads and integration of electrification upgrades, while generating a revenue stream for building owners.
Description
DaisyChain Energy’s AI-enabled platform, Electric Load Orchestra, makes it simple for building owners to integrate and manage whole-building electric loads. The platform controls distributed assets — such as batteries, EV chargers, and electrified heating systems — and gives building owners the real-time visibility needed to optimize load, submeter their properties cost-effectively, and reduce utility costs. Because the platform monitors and controls loads, it also unlocks participation in demand response and Virtual Power Plant programs, creating new revenue streams for building owners and making it easier to electrify systems like heating while improving overall energy performance.
Use Cases
Lower the upfront or ongoing costs of electrification - Generate demand response revenue
Reduce building energy/utility costs
Gain better visibility into real-time electricity use
Submeter building cost effectively
Electrify and finance heating, adding EV chargers, or other upgrades
Access accurate ROI scenario planning for future electrification upgrades
Key Differentiators
Energy usage simplified - The AI-enabled platform is designed to take the stress out of managing a building's electric load, integrating distributed assets
New cash flows + cost savings - The platform generates cashflows through submetering and demand response participation. It also unlocks electricity cost savings
Deep New York expertise - DaisyChain leverages its unique expertise in navigating Public Service Commission approval for metering upgrades in New York to enable submetering and energy arbitrage
Future-proofed - DaisyChain installs top-of-the-line equipment and provides guidance on new technologies to ensure buildings are able to easily integrate next-gen energy infrastructure
Non-disruptive installation - Access to individual apartments is not required for installation, minimizing tenant disruption
Cost Savings
DaisyChain's platform can save building owners up to $400/unit/year. A typical building will save between 20-40% on energy bills. Savings may increase as DaisyChain adds features that allow load-shifting, peak-shaving, and demand response revenue generation.
About
Decarbonization Impacts
Operational Emissions
DaisyChain Energy's platform helps building owners decarbonize and meet Local Law 97 compliance by lowering the cost of investing in electrification and generating new renvenue streams.
Project + Building Compatibility
Project Type
Both existing building retrofits and new construction.
Essential Building Characteristics
Works with any multifamily building.
Ideal Building Characteristics
Multifamily buildings where residents are directly metered for electricity.
Minimum Project Size
25 occupied apartment units for optimal load aggregation.
Ideal Project Size
Typically 50 dwelling units or more. The larger the better (large building or part of a large portfolio).
Additional Considerations
DaisyChain works with EPCs to (a) replace individual utility meters with submeters that measure electricity usage for each resident and to install a central building-level master meter to aggregate data and enable billing at a commercial rate, and (b) install solar panels, EV chargers, energy storage systems and heat pumps.
NY Contractor Availability
DaisyChain works with approved local installers.
Other Screening Criteria
For new projects, DaisyChain conducts an initial assessment and planning phase to support the process. Meters are installed in a basement or hall meter closet. Access to individual apartments is NOT required.
Example Installations
Installed By
FTERE (real estate portfolio owner, Bronx), Northwell Health (healthcare)
Case Studies
Resident Experience
During Installation
Very minimal disruption. All the work happens in the basement or hall meter closets. No access to individual units is required.
Residents are required by law to be notified when a building is switching to submetering, and DaisyChain assists buildings in carrying out these communications with explanatory materials and decks.
Once all the equipment is installed and the master meter is in place, there is a brief one to two hour window during the switchover to submeters when residents are without electricity.
Post Installation
Tenants see a change in who is sending them their utility bills. Tenants pay the utility bills to the property owner or co-op. Real-time data from metering and monitoring allows for smarter decisions for maintenance and upgrades, resulting in greater reliability and comfort for residents.
Financing
NY Incentives/Financing Resources
While the platform does not align with direct incentives, DaisyChain’s project finance offering readily layers incentives and rebates for the direct benefit of the property owner, including but not limited to AMEEP, NYCleanHeat, NY-SUN, Solar Investment Tax Credit (ITC), NYC Solar Electric Generating Systems Tax Abatement, and Charge Ready NY 2.0.
Payback Period
30 months
Upfront Costs
For a typical submetering project, upfront costs are $500 - 700/unit. Because of the savings/cashflows generated from submetering, the payback is usually quick — 2 to 4 years. DaisyChain can provide upfront financing through a self-amoritizing loan.
Ongoing Costs
Ongoing costs are the licensing fees to DaisyChain for access to the platform, which are typically ~20% of the revenue generated by DaisyChain for the building. Maintenance costs for meters is low (maximum of hundreds of dollars per year).
Operations, Management, and Maintenance
Operations and Maintenance Requirements
Real-time data from metering and monitoring allows for smarter decisions for maintenance and upgrades, resulting in greater reliability and comfort for residents. DaisyChain operation and maintenance is included in the service fee. DaisyChain provides ongoing customer service and support for as long as the platform is being utilized in the building.
Ease of Operations
DaisyChain conducts rigorous testing to ensure all systems are functioning efficiently. Residents are onboarded with resources explaining their new billing process, energy usage insights, and available cost-saving opportunities.
Service Support
DaisyChain provides ongoing customer service and support for as long as the platform is being utilized in the building.
Data + Performance
DaisyChain's platform can provide analytics to building owners and can analyze data across an entire multi-building portfolio. Building residents can access current consumption and billing data, historical data, previous bills, and other analytics.
Future Proofing
The real-time data provided by DaisyChain allows buildings to run cost benefit analyses on future electrification and decarbonization interventions. For example, the platform provides precise information on a building's peak consumption and what that peak costs. The platform can tell buildings exactly what reducing that peak is worth, allowing them to make decisions on things like battery investments, for example. The real-time data takes the guesswork out of all of these decisions.
