Dash Energy AI automation enables improved decision-making for energy brokers, buyers, sellers

Source: press release, 15 February 2022

Users can create custom proposals in seconds with up-to-the-minute pricing
Users can create custom proposals in seconds with up-to-the-minute pricing (illustration: Dash Energy)

Dash Energy has developed purpose-built technology that delivers AI-powered insights for improved energy procurement decisions.

“We understand the challenges brokers, sellers, and buyers face, and we have developed a simple-to-use solution,” says CEO and Co-founder of Dash Energy, Tom Cameron. “Our AI-powered tools bridge the gaps in the energy procurement process, delivering insights that allow decisions to be made quickly and with greater clarity than ever before.”

Achieving operational sustainability is an elusive goal, and it is particularly difficult for small and medium-sized businesses – which make up approximately 20% of the energy consumption in the United States. Determining what constitutes a good investment without the resources or expertise to evaluate energy providers is nearly impossible. And energy brokers have a difficult time demonstrating the value of their services and delivering strategic guidance through the complex procurement process.

Energy risk management is crucial for navigating the complex global energy markets, and Dash simplifies it by replacing a cumbersome, manual data management process with a SaaS platform that rapidly takes in multiple sources of data, streamlines communications, produces intelligent insights across the energy ecosystem, and makes it viewable on a simple dashboard. The automated AI-based process is not only exponentially faster, it functions in real time and eliminates data entry errors. With this technology, energy brokers are better equipped to understand the overall risk associated with energy prices, allowing them to make more informed decisions and recommendations for their clients.

“Before developing this product, Dash conducted more than 2,000 interviews with brokers, suppliers, and business owners in the United States, UK, and Canada to identify the biggest challenges around energy procurement,” says Bret Harris, company Co-founder and Head of Growth. “More than 70% of energy professionals agree that their processes could be improved with newer technology. Our AI-enabled platform supports that improvement by providing transparency to simplify the process of buying, selling, and managing energy.”

Dash Energy is easy to implement and delivers immediate benefits. Starting at USD 50, the platform is affordable for even smaller teams, with each new user awarded five free credits to test the system. Developed and proven for traditional energy sources, Dash will soon expand to include renewables.