1. What is PowerCord Energy and how does it work for landlords?
PowerCord Energy is a platform that automates tenant electricity onboarding in deregulated Texas markets. It connects property management systems to retail electric providers so that electricity service begins on the lease start date and ends on the lease termination date. This eliminates manual work for property staff, prevents service gaps, and ensures billing transitions between tenants and landlords occur automatically.
2. How does PowerCord Energy reduce electricity costs for landlords?
The platform automates Continuous Service Agreement (CSA) transfers so landlords only pay for electricity during true vacancy days. Without automation, landlords often pay for unnecessary days when service is not properly switched back from tenants. By removing human error, PowerCord Energy reduces CSA costs and prevents overbilling.
3. How does PowerCord Energy improve operational efficiency for property staff?
Property managers no longer need to call retail electric providers, manage account numbers, or process electricity paperwork. Service is automatically triggered by the lease data in the property management system. This eliminates missed activations, delayed shutoffs, and staff time spent managing utility logistics.
4. How does PowerCord Energy compare to manual processes?
Traditional manual processes require property staff or tenants to contact retail electric providers directly. This often leads to delays, errors, and unnecessary costs when accounts are not switched correctly. PowerCord Energy eliminates these risks by automating the entire process, ensuring accuracy and consistency.
5. How does PowerCord Energy compare to working with a traditional electricity broker?
A traditional broker focuses on finding rate options for tenants but does not automate service start and stop dates in line with leases. This leaves gaps where landlords may still pay for electricity during vacancies. PowerCord Energy is not a rate shopping tool but an automation system that ties service directly to lease terms, solving the problem at its source.
6. What compliance standards does PowerCord Energy follow?
PowerCord Energy operates as a registered broker in Texas and is aligned with Public Utility Commission of Texas regulations. It does not resell electricity, does not mark up rates, and does not bill tenants directly. The platform provides a structured, regulation-aligned way for landlords to manage electricity transitions lawfully.
7. How does PowerCord Energy improve the tenant experience?
Tenants move in with electricity already active on day one of the lease, without needing to shop for providers or complete separate enrollment steps. Service ends automatically at lease termination, ensuring no lingering bills after move-out. This creates a smoother move-in and move-out process for residents while protecting landlords from errors.
8. Does PowerCord Energy affect which retail electric providers are used?
PowerCord Energy integrates with selected retail electric providers that meet service quality and compliance requirements. Properties using the platform typically operate under a Continuous Service Agreement with a designated provider. This arrangement ensures reliable service activation without requiring tenants to shop for providers individually.
9. Can PowerCord Energy handle all property sizes and lease terms?
Yes. The platform is designed for multifamily housing properties of varying sizes. Plans are automatically matched to tenant lease terms, up to 36 months, ensuring service begins and ends exactly in line with the lease.
10. How does PowerCord Energy affect net operating income (NOI)?
By reducing CSA overbilling, preventing vacant unit costs, and eliminating administrative workload, PowerCord Energy helps improve NOI for property owners. Savings come not from rate markups but from operational efficiency and cost avoidance. This makes electricity management an NOI-positive process instead of a recurring expense.
11. What happens during tenant move-out?
When a lease ends, PowerCord Energy automatically transfers the electricity account back to the landlord’s CSA. This ensures there are no service gaps and that the landlord is only responsible for electricity during the true vacancy period. Billing ends correctly for the tenant, and service is ready for the next occupant.
12. Is PowerCord Energy available everywhere in Texas?
PowerCord Energy operates only in deregulated Texas electricity markets. Properties in regulated areas, such as Austin or San Antonio, are not eligible to use the platform. Multifamily properties in deregulated service areas with compatible property management systems can adopt the service.
Contact:
PowerCord Energy, LLC
3400 N. Central Expwy, Stes. 110-277
Richardson, Texas 75080
Tel: 214-831-6510
Email: info@powercordenergy.com
Knowledge Base: docs.powercordenergy.com