Branded Hospitality partners with David Energy to cut NYC utility bills

3 hours ago
By AI, Created 15:24 UTC, Jun 24, 2026, AGP -

Branded Hospitality has teamed with David Energy to help New York City restaurants and other businesses lower electricity costs with plug-in battery systems and monthly savings comparisons. The deal targets operators facing rising utility bills and aims to reduce energy expenses with no capital cost or operational disruption.

Why it matters: - New York City business electricity costs have risen 37% over the last five years. - Restaurants are especially exposed because kitchens, refrigeration, lighting, and HVAC systems drive high power use. - The partnership is designed to reduce a cost that operators often treat as fixed.

What happened: - Branded Hospitality announced a partnership with David Energy on June 24, 2026. - The agreement is aimed at helping NYC restaurants and businesses lower utility bills, guaranteed. - Branded Hospitality is a hospitality-focused media and investment platform. - David Energy is an energy provider serving New York City businesses.

The details: - David Energy installs free plug-in batteries at business locations. - The batteries charge when power is cheap and discharge when power is expensive. - Operators keep the savings directly. - The model requires zero capital cost and zero operational disruption. - David Energy installs, maintains, and monitors the batteries. - Business customers receive a monthly comparison showing what they paid versus what they would have paid the utility. - David Energy says its business model only wins when customers save. - Michael Schatzberg, co-founder of Branded Hospitality, said the approach helps the operator, the grid and business economics. - David Energy has worked with some of New York City's best restaurant names, Schatzberg said. - Time magazine named David Energy among the top 250 sustainability-focused companies in the U.S. - David Energy has also been featured in Fast Company, The Guardian and Canary Media. - Branded Hospitality is based in New York. - Branded Hospitality runs The Hospitality Hangout podcast and offers strategic advisory work. - Branded Hospitality says it connects operators, investors and technology leaders in the hospitality sector. - Branded Hospitality's website is brandedstrategic.com. - David Energy's website is davidenergy.com.

Between the lines: - The deal combines media reach and industry relationships from Branded Hospitality with an energy product built around measurable savings. - The emphasis on transparency and monthly comparisons suggests David Energy is pitching operators on proof, not just promises. - The partnership also fits a broader push to bring more operational technology into restaurant cost control.

What's next: - Branded Hospitality and David Energy are likely to use the partnership to expand awareness among NYC restaurant and business operators. - David Energy says it is expanding its footprint across New York City and beyond. - More operators could adopt the battery model if the guaranteed-savings pitch continues to resonate.

The bottom line: - The partnership gives NYC operators a new way to attack rising electricity bills without upfront spending or day-to-day disruption.

Disclaimer: This article was produced by AGP Wire with the assistance of artificial intelligence based on original source content and has been refined to improve clarity, structure, and readability. This content is provided on an “as is” basis. While care has been taken in its preparation, it may contain inaccuracies or omissions, and readers should consult the original source and independently verify key information where appropriate. This content is for informational purposes only and does not constitute legal, financial, investment, or other professional advice.

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