Scalar Tech

The global community plans to reduce carbon emissions by 40% by 2030. 2/3rds of these emissions exist in buildings. As many as 90% of buildings in the USA are inefficient and the utility infrastructure is outdated. Only 45% of equipment uses electricity in buildings, the reminder is fossil fuels. Many LMIs and Dacs cannot afford new electrification infrastructure. There is no incentive for building owners to replace this equipment on behalf of tenets. The Department of Energy estimates at least 500 billion in investment will be required for the energy transition to buildings alone. Regulatory pressure is underway in most cities. High electricity costs as a result are pushing marginalized communities further into debt. LMis spend 10% of their income on electricity. There is a lack of transparency and real-time visibility on the utilities for impact investors to participate in innovative instruments like carbon credits and offsets. We require: 

1. transparency in baselining and quantified impacts and reducing the time to align projects between developers, verification bodies, and financiers. 

2. Reduce the cost and time of results verification, 

3. Create better visibility of the clean energy impacts (including but not limited to climate, health, women’s economic empowerment, and environmental) and align with financing opportunities. 

4. Transparency to create confidence to connect more investors to the sector through offsets and other instruments

3. Use data available through clean energy projects to enable access to finances and build confidence within domestic credit markets. 

4. Information and digital solutions for clean energy adoption can enhance the financing of equipment and hardware 

5. Installers and project development level, enabling faster projects, additional financing/monetization, and accurate credit pricing.

 6. Diversified and increased investors and investment in multiple companies with digitization integrated into investment processes, such as RBFs and climate finance, to create track records and aggregate projects.

 7. Data and transparency tools to de-risk financing and enable new financing mechanisms 

8. Collection and transparency of impact pricing information and tracking to create fair opportunities for companies and investors.

Saas Platform that empowers financing and design of low carbon energy sources and energy efficiency. The platform enables the financing of products like solar, heat pumps, and induction stoves using energy as a service model. This requires no capital outlay for the users facilitated by saving or the pay-as-go model. The savings are benchmarked on IMVP protocol making them opportune for carbon offsets and blockchain opportunities.  We use AI to improve usage through incentive or demand response programs. Metering data guides the building envelope efficiencies and property improvement plans using Ashre 90.1. Our solution is designed to reduce the Carbon Footprint by reducing inefficiencies and financing the energy transition from Fossil Fuel to Clean Energy. Transform the electricity grid to disrupt large-scale utilities through Micro Grids.

Enabling Technology

We incorporate IMV protocol and real-time monitoring, ensuring accurate verification of emitted amounts and promoting transparency in emissions reporting.

Comprehensive Solution

One-stop shop for energy management, emissions reporting, and tenant billing. Streamlines processes and simplifies tasks.

Efficiency and Emissions Reduction

Helps users track and manage energy usage and greenhouse gas emissions, enabling better decision-making and responsible energy consumption.

General Utility Management & Revenue Collection

• Allows for real-time monitoring and measurement of energy and water consumption

• Granular in-depth review of facilities' energy and water data (electricity and water balancing)

• Accurate, compliant, and transparent billing of tenants that improves organizational reputation

• Quicker interventions (leak detection, phase failures, tampering of meters, etc)

• Improved energy and water recovery

• Protecting financial margins & verify

  expenditure

• Improved budgeting, cashflow & forecasting;

Optimization & Efficiency

• Establish baselines through active monitoring

• Reduce energy usage in general through

  optimization

• Eliminate waste through the remote tenant

  switching

• HVAC preventative maintenance

• Enables the implementation of dynamic

  pricing options

• Identify trends in energy and water usage

• Real-time data exchange between utilities

  and customers

• Allow utilities to collect more data on energy

  consumption.

• Electric vehicle charging stations

Environmental Performance 

• Integrated annual reporting can be performed

• An important component to provide the ability to

  reduce the carbon footprint

• Build an energy efficiency business case

• Raise funding for any sustainability initiatives

• Required for Climate Disclosure (GRESB

  / Real Estate Standards)

• Attract and retain investors due to improved

  scoring on ESG indices

• Paramount for impact investing

• Renewable energy generation and storage

  Our solution is an essential enabling technology for energy efficiency and a transition to grid independence

The application was developed to ease access to finance (including from publicly funded output-based finance programs, carbon markets, and commercial credit markets), through verified measurements and verification for both increasing the availability and amount of this financing and reducing the associated costs. This is especially required for Low Income (LMI) and Disadvantaged Communities (DAC). This is anticipated by reducing the time, effort, and operational costs of information management (including collecting, processing, analyzing, verifying, and storing transactional data) between property managers, owners, and tenants. It was developed to improve the adaptation of decarbonization infrastructure in low-income families by improving transparency and accuracy of data across the supply chain including financial decision-making vendors and project developers, with a focus on moving towards more quality services and standardization. 

1. Create transparency in baselining and quantified impacts 2. Reduce the cost and time of results verification. 3. Create better visibility of the clean energy impacts in DACs 4. Connect more investors to the sector through offsets and other instruments. 5. Build confidence within domestic credit markets into LMIs.

6. Enable faster projects and accurate credit pricing. 7. Aggregate projects to allow for diversification and increase of investment for low-margin projects 8. Data and transparency tools to de-risk financing. 9. Collection of impact pricing information to create standards. 

We are passionate about infrastructure and clean energy development in minority communities. We have collectively developed unique finance skills over the last 20 years in climate, property, and infrastructure finance. Our managing partners have worked with teams from leading financial institutions, local governments, and marginalized communities globally. We have delivered successful energy infrastructure projects with globally listed businesses.

Our team brings a strong background in innovative fund management,
emanating from more than ten years of leading infrastructure portfolios
and deals with leading infrastructure funds. Finance and Technology. We have a long history of new infrastructure funding development and technology in communities. We recently participated in the largest energy savings project in the US at Hillsborough School County. We have hands-on experience with portfolio construction and liaising with pension funds (LPs) in the property sector from previous roles as analysts and investment officers. Because of the rampant infrastructure and technology deficits in buildings in our communities, we wanted to use these skills to empower our communities.

Scalar is setting up a technical assistance facility alongside Black Owners of Solar Services (BOSS). Scalar is partnering with Black Owners of Solar Services (BOSS) to co-develop a training syllabus for training minority-owned businesses in capacity building across the solar sector. The training syllabus will be available across the US. The training fosters the development and strengthening of the technical skills, instincts, abilities, processes, and resources to allow small organizations to thrive in the electrification of buildings. This includes capacity building associated with energy designs that will be delivered through a combination of training, supervision, and mentoring. The US Department of Energy (DOE) awarded $6.3 Million to BOSS to advance equity in the clean energy business and workforce development.

Entrepreneurship Innovation Local Presence

• Founders of Black Owners of Solar Services (BOSS) and successful solar ventures.
• Provides financial technical support and debt origination to its members.
• Development of new teams and new markets within large bureaucratic institutions.
• Challenged pension fund board members to change their mandate for Africa.

INNOVATION

Scalar developed and owns a metering and billing platform
• Contributor to the largest (EaaS) energy savings project in the US at Hillsborough School County.
• Advisor of Dollar Ride on their sustainable EV transport model in New York.
• Developed a sustainable road map for Anglo-American smelters, resulting in 10MW savings on each.
• Developed a sustainable model, for cultural preservation for Marriott Hotels and IDC.
• Developed mini Smart Grids and energy efficiency solutions for KFC, resulting in 50% emissions reductions.

LOCAL PRESENTS 

The team serves on the Board of BOSS, the largest member group of
minority clean energy professionals in the US. Fellow of the Columbia Climate and Society School. 2023 Cohort for American Council of Renewable Energy. 

• Members of CFA Institute New York.
• Financial ally for the US Department of Energy.
• Committee members for HBCU Coalition.
• Fellows of leading foundations in Washington DC and New York.
• Advisor of President Obama and Clinton on climate matters.
• Public news contributor on matters relating to climate, energy, and the environment.

Our Platform is in the final stages of installation into a building in New York.  This is the second platform we are building. 

1 Buildings Owner with 240 Users (tenets)

We recognize the unique funding and technology challenges faced by previously disadvantaged participants in the clean energy sector, we want to unlock support for underrepresented groups i.e., operational, All Woman Owned, and Minority-owned businesses that install, operate, and maintain the underlying assets that MIT seeks to transform. Transformation, therefore, has a dual meaning in the context of Scalar application: transforming the ownership patterns of the clean energy infrastructure and tandem with that, transforming the nature and extent of infrastructure access for inclusive economic growth and development, we seek support from MIT to unlock the emergence of first-tier, minority, and woman developers and increased participation of the technology sector in renewable energy. As a Minority Owned firm, our operating context compels us to integrate socio-economic development considerations. The impact is thus integral to our DNA. Projects underpinned by strong community development license obligations also address our social impact mandate.

Our open-source solution stands out from competitors as it addresses all components of the value chain. 

Our platform emphasizes scalability, data audit, fully offline capacity, energy efficiency,  finance, payments, and sustainability by incorporating features that help users gain Insight and make data-driven decisions to reduce emissions such as reporting and saving goals. We provide our users with comprehensive greenhouse gas (GHG) reports as well as real-time monitoring, comparative analysis, and energy-saving tips to enable our users to actively engage in emissions reduction efforts. 

The second feature that allows our platform to stand out from the status quo is that we offer a comprehensive platform. Our solution is a one-stop shop for emissions management, tenant billing, and environmental reporting. This integrated approach streamlines processes for submeters, multi-location facilities, and multi-tenant, simplifying tasks that would otherwise require multiple tools or platforms.

Scalar hopes that in the next year, we are able to work with low-income communities to provide smart grid solutions that enable efficient energy management, increase transparency, and bring financing to renewable energy and energy efficiency projects for those communities. Scalar also wants to bring awareness to the benefits of distributed energy and energy efficiency infrastructure.

In the next 5 years, we hope to facilitate the investment of more than 400 00 million into the electrification of buildings in loa income buildings in new york alone. We have a target of 300,000 buildings for energy efficiency projects. We also hope to create 200,000 jobs per year from job training and create 150,000 local employment opportunities for women and minority community members (DACs). Through our projects, we hope to enable the production of 100MW of clean energy and reduce 1GT of carbon emissions by 2030. We will be working with only small business contractors and have at least 50 percent of our projects in underserved communities. By doing this, we will invest in mini smart grids that allow communities to reach energy independence and overall reduce energy costs and consumption.

Scalar is measuring our progress towards impact goals by utilizing revenue-grade smart meters with 99.9 percent accuracy data collected every 15 minutes throughout the life of all of our projects. We use this data for the International Performance Measurement and Verification Protocol (IPMVP) as well as The Partnership for Carbon Accounting Financials. IPMVP defines standard terms and suggests best practices for quantifying results and energy efficiency which will allow us to improve and stay on target with best-in-class methods. The partnership is used to harmonize carbon accounting methods and has a data scoring card where we aim to achieve a 1 on all of our investments, which is their highest level. Through modeling, we will produce carbon emissions reduction targets based on the type of project and capital that we are able to invest in the project. All project contractors and communities we serve will go through a formal review process to ensure that they align with our impact goals and meet the diversity, equity, and inclusion targets that we prioritize in our work.

To measure progress towards the UN Sustainable Development Goals, Scalar has developed specific metrics for each focus area. For UN SDG 7, Scalar will measure renewable energy produced and energy use reduced through GW and dollar value. We will also measure population-provided access to electricity by counting the number of households we enable for electricity access through our platform. To measure our reduction in inequality, we will focus on the amount of financing we generate for minority and women-owned businesses in dollars as well as the reduction (in dollars) in energy costs for communities served. We will also look at the number of new jobs created for minority and women populations. To assess Scalar’s impact on SDG 13, climate action, we will measure the amount of greenhouse gas emissions avoided in metric tons

Scalar Tech is a Cloud Platform that empowers efficiency, emissions reduction solutions, and capital investment into carbon removal and sequestration projects. The fundamental operating principles behind our solution are efficiency, transparency, financing enabler, and  environmental responsibility

• On efficiency, we provide a global centralized platform for carbon reduction management, multi-site data capture, multi-user access, smart metering, billing, and reporting.

• On transparency, we focus on carbon removal and sequestration by building enabling technology that ensures verification of the emitted amounts using IMV protocol. 

• On environmental responsibility, our platform can report on greenhouse gas emissions in compliance with regulatory requirements, giving users a detailed understanding of their environmental impact and allowing them to take steps to reduce emissions.

• Facilitate the financing and payments of affordable clean energy and equipment.

The future of energy is smart grids that are underpinned and enabled by various technologies to secure the growing demand for clean energy. Scalar implements these smart grids across Low-Income Communities. By providing access to clean, resilient, and affordable energy to these communities, Scalar is able to increase inclusivity in the energy transition. Today, renewable energy accounts for only 20 percent of the country’s electricity. In order to meet climate targets, this amount needs to increase significantly in the upcoming years. At the same time, low-income communities have much more trouble accessing these solutions, such as energy-saving light bulbs which are both harder and more expensive to find in low-income U.S. communities (Univ. of Michigan). Our technology will increase transparency and help consumers understand their savings in making these decisions regarding energy usage. Nearly a third of U.S. households struggle to afford their energy bills (EIA), which means that a solution that reduces this burden will be essential in increasing equity in the US. 

Scalar will increase diversity by implementing smart meters by providing jobs and opportunities for project developers. Scalar partners with minority and women-owned firms to increase diversity in these businesses. One example of this is our partnership with Black Owners of Solar Services (BOSS), which combines and leverages the collective power of its members to lead actionable solutions for sustained access to equitable opportunities in clean energy production, distribution, and storage for Black-owned businesses. BOSS works to enable project opportunities for minority-owned businesses in the energy sector by reducing barriers to access all areas of the federal government.

We have a business-to-business model. Our go-to-market strategy is to form partnerships with building owners, property management companies, and commercial real estate firms that manage multi-tenant buildings. These partnerships will help us tap into a larger customer base and establish our presence in the market.

By partnering with these stakeholders like housing authorities, we will sell our services to them, and they will provide our energy management and carbon reduction solutions to their customers - the tenants and occupants of the buildings they manage. This approach allows us to leverage the established relationships and networks of our partners, making it easier to penetrate the market and reach a wider range of customers.

Our serviceable market includes commercial buildings, multi-tenant residential buildings, and public institutions. As of 2021, there were approximately 5.6 million commercial buildings in the United States. Additionally, there were around 20.6 million multi-family housing units. Public institutions, including government buildings, schools, and universities, amounted to about 98,000 public K-12 schools and over 4,000 degree-granting postsecondary institutions. These figures represent a significant number of potential customers for our platform, showcasing the vast opportunity for growth and adoption within the United States market

We are developing a complete energy, carbon, and water audit, metering, and bill analysis platform for buildings in New York as the first market. We are working on a pipeline of projects through the Department of Energy for better building and community solar initiatives.  New York and surrounding areas have 30% of buildings in the USA. New York is unique because of law and 97. This requires New York building owners to conduct split metering and reporting on emissions.  We want to help them to consolidate all the energy and water asset data onto a single platform. This platform will help current and future stakeholders with remote access to all participating buildings’ energy and water data, 3D virtual twins, and building drawings enabled by the platform. The vision is for a platform that caters to all aspects of a building’s energy management and reporting lifecycle; for performing, energy audit assessments, and design options, connecting to on-site IoT devices, and conducting financial analysis. The data from these buildings will enable other service providers to offer energy as a service on our platform. These include induction heating, heat pumps, and solar paid for by savings.

We are currently finalizing a pilot project with Cheltenham towers in Newyork city to  enable a smart platform with metering dashboards reporting with powerful energy modeling capabilities. 

• Metering: Submeterers are charged $15 per meter per month, which covers the cost of collecting and processing emissions data from each meter.

• Franchise Billing: To facilitate emissions billing, submeters pay an additional fee of $5.50 per tenant per month. This includes the generation of detailed emissions, and ensuring accurate and timely billing for emissions usage.

• Platform Access: For comprehensive access to our platform and its features, submetered team members are charged $48 per month. This enables them to manage meters, tenants, and billing profiles, as well as access data analytics and reporting tools.

The Towers submeters (tenants) can select any combination of the above services, tailoring their subscription to their specific requirements. Subscription fees are billed every month and can be adjusted depending on the number of meters and tenants managed by the submetered.

This business model ensures that our platform remains accessible and cost-effective for submeters while providing them with the tools and insights they need to optimize energy management, promote sustainability, and comply with regulatory requirements.