What PowerCord is
PowerCord Energy is an electricity company built for multifamily properties. We manage the electricity relationship for your residents from the day they sign a lease to the day they move out, so accounts open and close on time and charges do not fall back onto the property between residents.
How connecting your property management system works
When you connect your property management system to PowerCord, we see move-ins and move-outs as they happen. A resident signs a lease, and we enroll them automatically. A resident gives notice, and we close the account on the right date. A vacant unit gets watched for usage before it becomes a charge you have to chase down.
Right now, one of two things is happening at your properties. Either your team audits these invoices by hand every month, or you pay a billing service to recover vacant charges after they have already landed. Both are cleaning up a problem after it happens. PowerCord keeps the charge from landing in the first place, and it does it on its own, every billing cycle, across every unit. Your staff stops reconciling electricity bills, because there is nothing left to reconcile.
What it costs you
Nothing. PowerCord is paid by the electricity side of the business, the same way any retail provider is. There is no software fee, no per-unit charge, and no setup cost. You connect your property management system, and we go to work.
How your property earns
The electricity moving through your community carries value that today goes to the provider alone. When your residents get their power through PowerCord, your property earns income on that usage, and it costs your residents nothing extra. They get a fair, simple plan aligned to their lease, and you get a new revenue line.
The technology behind it
PowerCord runs on patent-pending technology that connects our system to yours and keeps the two in sync in real time. That live connection is what turns a one-time manual audit into continuous, automatic reconciliation across every unit, every billing cycle.