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Virtual Grid By Ivy

MULTIFAMILY SOLAR BILLING SIMPLIFIED

Ivy helps pave the way for building owners to provide their residents an equitible and grid-supportive solar billing experience. Owners generate $500-$1200 per unit in annual net operating income (NOI) on the Virtual Grid Platform.

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How it works

Ivy Energy creates a consumer friendly structure in which owners and residents can both benefit from an onsite solar asset.

Reduce your portfolio’s largest scope 2 emissions, resident energy consumption, while creating a predictable NOI and delivering equitable resident energy savings.

A Turnkey Shared Solar Billing Engine

Virtual Grid is a proprietary billing platform designed specifically to manage shared clean energy value within MDU real estate communities. The platform meets Real Estate owner ROI goals as well as resident experience needs.

User Subscription Management & Support

Virtual Grid includes a robust operational management platform that our team uses to manage every aspect of your resident solar program. This reduces your teams workload and ensures resident satisfaction.

Seamless Rent Ledger Data Operations

Virtual Grid simply integrates solar accounts payable into your rent ledger billing system. Part of our turnkey managed support service includes customized data access for your management team.

Consumer-Friendly Solar Billing

Clear and easy-to-understand digital billing statements  are crucial to creating a consumer-friendly solar experience. Residents like to know how much they are saving, through direct solar consumption and energy exports to the grid.

Intelligent & Guaranteed Solar Savings

Users on the Virtual Grid gain access to guaranteed monthly savings based on how they consume solar energy and how it effects the overall value of the system.

Solar Asset Optimization

Virtual Grid is a growing big data warehouse that enables machine learning and applied data discovery to drive optimization activities for your asset. Such activities include solar value credit optimization, user incentive framework updates, battery management and control logic, and user engagement insights.

42,547,020 LBS

of coal avoided through Ivy enabled communities

*numbers calculated using the online EPA Calculator for a total production of 5431.8 MWh

Calculate How much Income Ivy + Solar could be generating for your property.

*All NOI and Revenue figures are based on California’s policy of Virtual Net Metering 2.0.
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Creating a win-win solar experience

Ivy Energy creates a consumer friendly structure in which owners and residents can both benefit from an onsite solar asset. We keep this core value front and center as we design and optimized our service for you.

Virtual Grid Intelligence

Virtual Grid Intelligence

Not all Kilowatts are created Equal

The Ivy Virtual Grid is a better alternative to traditional Sub Metering methods for cost recovery. The platform ensures that your multi unit properties solar benefits are distributed using modern age grid resiliency logic. We compare resident behavior using proprietary algorithms to equitably distribute the benefits of solar based on real time usage, solar availability, and avoided utility cost.

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3 buildings with various KWh usage
A graph example of Ivy's ROI

Accurate Monitoring & Cost Calculations

A New Source of Revenue Landlords can Count On

You installed solar for your residents and now it’s time to let Ivy maximize your investment payback. With the Ivy Smart Grid Sub Metering alternative, landlords take comfort in predictable revenue forecasts they can trust. Maximizing value for every kilowatt you create.

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Customized User Experiences

Easily Integrate without adding workload

Part of our turnkey service provides customized data access for your management team. Ivy software service generates a seamless rent ledger integration, reporting & ROI tracking tool, and AP reports that simplify accounting operations.

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Virtual grid intelligence

The Only Fair Way To Pay

Ivy software uses smart grid logic to distribute the solar energy benefits of the entire community to you according to how much solar power is available and the price of energy in real time. This makes solar savings attainable, accurate to your usage, and unbiased.

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ACCURATE MONITORING & COST CALCULATIONS

Always Pay Less...It’s that Simple

Ivy guarantees that you will never pay more than what you would have paid to the energy utility. Ivy leverages utility grade monitoring data to determine your individual usage and community energy savings ensuring that you save money every billing cycle.

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CUSTOMIZED USER EXPERIENCES

Simple & User-Friendly Automated Billing

Residents get fair access to onsite solar energy with guaranteed savings with our billing structure.  Making it simple for any resident to see what they used, what they would have paid, what they saved and how it affected the environment. Easy opt in process and paperless billing!

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The time for Solar Virtual Net Metering is now!

The demand for clean solar energy is at an all time high. With laws like CA’s Title 24, and AB 802, real estate owners are “being asked” to provide their own sources of clean energy for their tenants. Solar energy can provide a low cost way to accomplish this but it comes with a heavy burden on multi-tenant properties. Trying to navigate the complexities of billing for shared solar while providing clear benefits to tenants has many owners scratching their heads and asking…

How do I recover my investment?
How early in my development do I need Ivy?
How do I know how much solar benefit to give each resident?
What can I do prior to investing in solar to ensure my residents will be onboard?
Will this add more work for my property manager?
How do I know how much energy my residents are using?

Whether you are being required to install solar through Title 24, AB802, or just want to offer a clean energy amenity to your tenants, Ivy's services will give any owner confidence in their solar investment payback.

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Solar on Multifamily: Virtual Grid Future Proofed For CA Policy
September 27, 2022
What Does the Inflation Reduction Act Mean for Multifamily Solar?
August 25, 2022
Shared Solar for Multifamily: Boost ESG and Generate a new NOI
May 25, 2022

Are you a solar installer looking to become a partner?

Offer the power of Ivy Virtual Grid to your clients

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Need a solar bid with Ivy included?

By providing complete turn-key solutions for any commercial solar project combined with our cutting edge revenue forecasting tools our clients take comfort in knowing their investment is protected from the start. We work with a vast network of solar contractors and will provide a customized solution that meets each client's needs

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