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 it works
We connect to your property management system and see move-ins and move-outs as they happen. A resident signs a lease, and they set up electricity in about four clicks on a plan matched to their lease. A resident moves out, and the account closes on the right date. A vacant unit gets watched for usage before it becomes a charge you have to chase down.
What it costs the property
Nothing. PowerCord is paid by the electricity side of the business, the same way any retail provider is. There is no software fee 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.