
Ivy Energy
Ivy Energy, Inc.
San Diego, California, United States
About
Founded in 2020, Ivy Energy is a private company headquartered in San Diego, United States with approximately 51-200 employees specializing in Solar, Energy Storage.
Ivy Energy is a multifamily solar billing software platform that automates tenant-level solar and EV billing, program management, and owner reporting. The platform uses a patented Virtual Grid architecture to allocate onsite solar and EV charging value to individual tenant units, generate transparent statements, collect payments, and track owner revenue. Ivy enables property owners to turn onsite distributed energy into recurring net operating income (NOI) while preserving energy savings for tenants. The platform supports multiple billing models including dynamic savings, lease-embedded solar billing, consumption-based billing, and fixed discount plans. It integrates with utility data, meters, inverters, and EV charging systems across various property configurations including master-metered, sub-metered, multi-meter, and hybrid portfolios. Services include tenant onboarding, automated billing, statement generation, support workflows, compliance reporting for Title 24 and building performance standards, and audit-ready financial exports.
Headquarters
Founded
Employees
Company type
Focus areas
Products & services
Business models
Value chain
Service areas (1)
Multifamily Solar Billing
Automated tenant-level solar and EV billing, program management, and owner reporting for multifamily properties
Locations
Headquarters
Columbia Street 1230, 92101, San Diego, California, United States
Service regions
Credentials & affiliations
Awards
Gold Edison Award
Frequently asked questions
published by the companyWhat is multifamily solar billing software?
Multifamily solar billing software helps property owners and operators allocate onsite solar value to individual tenant units, generate transparent statements, collect payments, and track owner revenue. Ivy adds program management, support workflows, and reporting so onsite energy can become recurring NOI instead of operational overhead.
How does onsite solar become NOI for a multifamily property?
Onsite solar creates energy value at the property. With Ivy's tenant-level billing workflows, a portion of that value can be billed to participating tenants in a transparent way that preserves savings for tenants while generating recurring revenue for the owner. Utility obligations are still covered, and the remaining value becomes owner NOI.
Do tenants still save money if the owner is generating NOI?
Yes. Ivy's billing models are designed so tenants can receive transparent savings while owners generate revenue from onsite energy. The exact split depends on the billing structure, utility rates, participation, and site design.
What billing models does Ivy support?
Ivy supports multiple billing models so owners can match strategy to asset goals and local conditions, including dynamic savings (percentage-of-savings), lease-embedded solar billing, consumption-based billing (kWh allocation), and fixed discount plans. The right model depends on metering setup, tariff structure, regulatory environment, and owner objectives.
Can Ivy support EV charging billing too?
Yes. Ivy supports tenant-level solar and EV billing workflows for multifamily portfolios. This helps owners manage onsite energy programs in one operating model while improving reporting and visibility across the property.
How does Ivy help with BPS and Title 24 planning?
Ivy helps owners operationalize onsite energy value through billing, reporting, and program workflows that support broader asset performance and compliance strategy. While Ivy is not a legal compliance certification tool, the platform can help owners better quantify and manage energy-related financial outcomes as part of BPS and Title 24 planning.
How do you work with our utility + meter data?
We ingest utility, meter, inverter, and EV data feeds (varies by site) and normalize them into billing- and audit-ready records. Ivy coordinates data access and handles ongoing data quality monitoring.
Do tenants have to switch utilities?
No. Tenants keep their existing utility relationship. Ivy bills for onsite energy benefits based on your program structure and local requirements.
How do tenants pay?
Tenants receive a clear statement showing usage and savings. Payment can be collected through common rent portals or your preferred workflow, depending on your property configuration.
How long does implementation take?
Most portfolios launch in phases. A single community can typically go live in weeks once data access and program rules are confirmed. Portfolio rollouts follow a repeatable playbook.
Does this work outside California?
Yes. Ivy supports multi-state portfolios and adapts to market rules and billing structures. We'll confirm your specific tariffs and program requirements during the assessment.
What does pricing look like?
Pricing is typically per unit and scales with portfolio size and services needed (billing, support, reporting, integrations). We'll provide a clear quote after the assessment.
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