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Industries / Utilities and energy services

Utilities and energy services. Revenue: cooling and energy delivered but not yet billed.

Grip reads meter readings, tariffs and customer accounts, building by building, and names the cooling and energy delivered but not yet billed, in AED.

USD 799.1 millionEnergy work one US energy services company had done but not yet billed at end 2025.
Proven at Ameresco

Source: Ameresco, Inc., Form 10-K for fiscal year ended 31 December 2025. Ameresco's unbilled revenue was $799.1 million at end-2025 against $257.9 million of billed receivables, about three dollars earned but not invoiced for every dollar invoiced; unbilled revenue absorbed $245.9 million of operating cash in the year.

3 workflows

Where we start.

9 of 51 changes other utilities and energy services companies made. Open one to see the company.

01

Price and margin

Metered extra cooling billed, regulated spend agreed upfront, water costed per ton-hour.

ReadsMaster meter interval dataSchedule 3 approved tariffs, customer invoicesPlant water metersRegulatory orders and decisions by proceeding
Bill customers for the extra cooling your meters already show they used.
Backed by research

Source: Regulatory and Supervisory Bureau for Electricity and Water, Dubai (RSB), RD10: Tariffs, v1.4 (February 2026).

Price each cooling plant's water per ton-hour, and move its towers onto treated or sea water wherever supply allows.
Proven at National Central Cooling

Source: National Central Cooling Company PJSC (Tabreed, DFM), Management Discussion & Analysis Report, FY 2025 Results (February 2026).

Before spending on regulated work, agree in writing how you will be repaid, then track.
Proven at Hawaiian Electric Industries

Source: Hawaiian Electric Industries, Inc., Form 10-K for fiscal year 2025 (filed 27 February 2026).

02

Cash and working capital

Connection fees matched to load, deposits topped up, overdue bills escalated.

ReadsContract liabilities scheduleConnection pipeline by buildingDeposit register per unitTenancy and ownership change records
Match connection fees already received to the load still to connect, and watch new bookings for an early slowdown.
Proven at National Central Cooling

Source: National Central Cooling Company PJSC (Tabreed, DFM), Annual Integrated Report 2025, incl. consolidated financial statements for the year ended 31 December 2025.

Check every account holds the full deposit the regulator allows, and top it up when the tenant or owner changes.
Backed by research

Source: Regulatory and Supervisory Bureau for Electricity and Water, Dubai (RSB), RD10: Tariffs, v1.4 (February 2026).

Run every overdue cooling bill through reminder, penalty and suspension on the earliest day the rules allow each step.
Backed by research

Source: Regulatory and Supervisory Bureau for Electricity and Water, Dubai (RSB), RD02: Handling Customers in Arrears, v1.2 (11 September 2024), under Executive Council Resolution (6) of 2021.

03

Sales and demand

Tariff renewals prepared early, early leavers and their cost to win measured.

ReadsContract expiry registerApproved tariff schedulesTariff structure, consumption by block, bill designCustomer acquisition records by cohort
List cooling contracts nearing renewal, and prepare the new tariffs for the regulator's approval well ahead.
Proven at National Central Cooling

Source: National Central Cooling Company PJSC (Tabreed, DFM), Investor Presentation, September 2026.

Show each customer their average price per unit and how it moves, since tariff blocks alone rarely cut use.
Backed by research

Source: American Economic Review, Ito, "Do Consumers Respond to Marginal or Average Price? Evidence from Nonlinear Electricity Pricing", AER 104(2) (2014), doi 10.1257/aer.104.2.537.

Measure how many new customers leave in their first months, and what each one cost to win.
Proven at Genie Energy

Source: Genie Energy Ltd., Form 10-K for fiscal year ended 31 December 2025.

The money at stake.

Public figures, each with its company and year. An estimate is marked.

USD 2.6 million

A US utility's bad debt provision in 2025, recovered through customer rates.

Proven at Unitil

Source: Unitil Corporation, Form 10-K for fiscal year ended 31 December 2025. Unitil's regulators let it recover the energy commodity portion of bad debts through rate mechanisms ($2.6 million provision in 2025) and recover past-due amounts on shut-off-protected hardship accounts ($8.9 million held as regulatory assets).

SAR 11.7 billion

A Saudi electricity company's unpaid bills from government customers in 2025.

Proven at Saudi Electricity

Source: Saudi Electricity Company (Saudi Energy, Tadawul), Annual Report 2025 (English). Saudi Electricity's gross governmental electricity receivables rose to SAR 11.66 billion at end-2025 from SAR 6.92 billion a year earlier.

Grip at work

What your Grip looks like.

A sample company, in AED. Yours is built from your own files.

Three numbers for the whole company, with the chart under each. Sample figures.

What we stand on
01Money first

Every project shows the revenue, cost or cash it is worth, in your currency, from your own files, before you agree to it.

02Every project has proof

Every project runs on a client's Grip, was designed on our own Grip, or comes from a play a named company published, with the document we read it in.

03Your systems as they are

We read the systems you already use. Nothing to move, replace or clean up first.

04Value and money found in 2 weeks

A two-week pilot on one department, your first project live and its money delivered by Day 30, then one fixed monthly fee.

Questions

What utilities and energy services companies ask first.

Three answers, each with one public figure, its company and its document.

Question 1How can AI reduce unbilled cooling in utilities and energy services?

AI reads meter readings, tariffs and customer accounts, building by building, and names the cooling and energy delivered but not yet billed, in AED. For scale: USD 799.1 million, energy work one US energy services company had done but not yet billed at end 2025 (Ameresco).

USD 799.1 millionEnergy work one US energy services company had done but not yet billed at end 2025.
Proven at Ameresco

Source: Ameresco, Inc., Form 10-K for fiscal year ended 31 December 2025. Ameresco's unbilled revenue was $799.1 million at end-2025 against $257.9 million of billed receivables, about three dollars earned but not invoiced for every dollar invoiced; unbilled revenue absorbed $245.9 million of operating cash in the year.

Question 2What does an AI transformation programme in utilities and energy services start with?

It starts with the revenue, cost and cash you are losing today, read from the systems you already use. One workflow goes first, usually price and margin, read from master meter interval data and schedule 3 approved tariffs, customer invoices. For scale: USD 2.6 million, A US utility's bad debt provision in 2025, recovered through customer rates (Unitil).

USD 2.6 millionA US utility's bad debt provision in 2025, recovered through customer rates.
Proven at Unitil

Source: Unitil Corporation, Form 10-K for fiscal year ended 31 December 2025. Unitil's regulators let it recover the energy commodity portion of bad debts through rate mechanisms ($2.6 million provision in 2025) and recover past-due amounts on shut-off-protected hardship accounts ($8.9 million held as regulatory assets).

Question 3How fast do utilities and energy services companies see results from AI?

A two-week pilot on one department finds the value and money in your own data before you commit. Your first project goes live, and its money is delivered, by Day 30. For scale: SAR 11.7 billion, A Saudi electricity company's unpaid bills from government customers in 2025 (Saudi Electricity).

SAR 11.7 billionA Saudi electricity company's unpaid bills from government customers in 2025.
Proven at Saudi Electricity

Source: Saudi Electricity Company (Saudi Energy, Tadawul), Annual Report 2025 (English). Saudi Electricity's gross governmental electricity receivables rose to SAR 11.66 billion at end-2025 from SAR 6.92 billion a year earlier.

The Perspace symbol resting on the water at blue hour

Start with one workflow.

Tell us what you want to fix. In a two-week pilot we find the value and money before you commit.