Nectar

⚡ Fresh off IFMA Facility Fusion in San Francisco, Nectar is heading straight to EEI National Key Accounts Workshop in Phoenix this week — come find us at Booth 129! EEI is where the utility industry actually moves: utility account managers, energy buyers, and the teams navigating an increasingly complex grid all in one room. Here's what we'll be talking about: → Energy buyers managing multi-site portfolios are still working with analysts each month to manually pull bills, enter data into spreadsheets, and chase utilities for more data. That's time spent on collection, not strategy. → Nectar automates the entire utility data pipeline — every account, every meter, every bill — so your team has clean, normalized data without lifting a finger. → Once the data is there, Nectar's AI surfaces what matters: proactive alerts on anomalies and cost spikes, automated reporting for stakeholders, and insights that help your team act on savings opportunities before they disappear. Stop by Booth 129 to see a live demo, get some swag, and meet our team. If you're attending — we'd love to set up time directly. 👋 #EEINKA #EEI #EdisonElectricInstitute #EnergyManagement #UtilityData #EnergyBuyers #UtilityManagement #Nectar

Super excited to connect with everyone in San Francisco at Facility Fusion! Come meet your team, get free swag, and demo Nectar live 👀

CARB just held its first public workshop on SB 253 implementation — here's what you need to know if your company does business in California. The first Scope 1 & 2 emissions report is due August 10, 2026. That's less than 5 months away. 💡 Here's what stood out to me from the workshop: → The reporting deadline covers organizational GHG data as of December 2024 → The current template is guidance only, but a standardized template and limited assurance will be required starting in 2027 → CARB is evaluating three approaches for Scope 3 reporting: broad applicability across all categories, a sectoral phase-in focused on high-impact industries, or a category-based phase-in starting with the most commonly reported categories → CARB will exercise enforcement discretion in year one for companies making a good-faith effort, but penalties can reach $500K/year after that The biggest challenge most companies will face isn't the regulation itself — it's the data. Scope 1 and 2 reporting requires clean, normalized utility data across every account in your portfolio: electricity, natural gas, fuel. If you're still pulling that from utility portals and spreadsheets, five months is tight. Most teams we talk to are still doing this in spreadsheets. That won't scale, and it definitely won't survive an assurance review. At Nectar, we automate the entire utility data pipeline — from collection to export — so your compliance team has a system of record without lifting a finger. If this is on your radar, let's chat! #SB253 #ClimateDisclosure #CarbonReporting #Sustainability #CARB #California #ESG

Data centers now consume 4.4% of total US electricity. By 2030, that could hit 17%. The US Energy Information Administration just called this the strongest electricity demand growth since 2000. And most companies have no idea how much it's already costing them. - Capacity auction prices in the Mid-Atlantic power grid surged 833% in one year. Data centers drove 63% of that. - That cost gets passed to every commercial ratepayer across 13 states. - Virginia already dedicates 25% of its electricity to data centers. By 2030 it is projected to hit 57%. Here's what we keep hearing from customers: they didn't see the rate increase until months after it started. When rates move this fast, pulling utility data from dozens of portals once a quarter just doesn't cut it anymore. The AI boom has a hidden cost. It's already on your utility bill. Anyone else seeing surprise jumps on their utility bills this year? Curious what you're seeing out there 👇

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The most overlooked part of evaluating a carbon accounting platform: evaluating the health of the company. (Free thoughts on Carbon Accounting Platforms Part 2) It takes reminding to remember that behind each platform is a company, a human enterprise composed of hard-working individuals servicing you. Without them, the platform is nothing. These case studies of what happened to real platforms show why this matters: ⚠️ Big company decides to reduce resources due to lack of profitability Your company chooses platform X which is a stable large company. One year later, leadership at X realizes that carbon accounting isn’t profitable and decides to cut resources to the team. You now see a decrease in quality of service. ⚠️ Big company moves too slowly to adapt to regulatory changes Your company chooses platform X, which is a new product as part of a stable, large company. The platform is built around reporting to CSRD and CDP, but suddenly you need to comply with local laws too. The company is too large to adjust to the changing regulatory requirements and your needs that change over time. ⚠️ Small company goes under due to lack of business You choose to go with platform X, a startup that you’ve heard great things about. You have a great relationship with the founder and they promise a comprehensive sustainability program. The company goes under within 2 years, leaving you to search for another solution. ⚠️ Small company gets acquired by private equity firm leading to service decline You choose to go with platform X, a startup that is leading the market. X gets acquired by a private equity firm for 1 billion dollars. The new owners decide to lay off the customer service division of X and replace it with AI to cut costs. The platform is now no longer working and you lose the previous consultant you loved working with. If any of the situations above happened to your team, how you dealt with the storm? What happened in the end? I recently finished writing my Free thoughts on Carbon Accounting Platforms. This was the document I refer to each time folks ask me to recommend them a platform. I referred to this document in an earlier Linkedin post and have shared it with all who have commented "CARBON." If you'd like access to the full document, comment "CARBON" and send me a Linkedin connection request and I'll reply with the link. I'm unfortunately near the max number of requests Linkedin allows due to sharing the writeup with everyone in the comments previously.

The final write-up ranking carbon accounting platforms: my progress is slightly delayed due to being flooded with comments and feedback from this post that I'd like to address: https://lnkd.in/deJ-Bkdy Thank you all for the support! I've set a deadline to get this out by the end of day Tuesday PT. Let me know if you'd like to get access by commenting below or in the original post and I'll be in touch over Linkedin.