Shareholder Exit Strategy
EnergyCite is the successor corporation to USCL which stood for Utility Services Customer Link. The objective was to offer an in-home display device which wirelessly connected to the residential electric, gas, and water “smart meters.” This aids in energy conservation. The company elected to finance itself through a series of private placement Reg D, exempt offerings based on accredited investors and full disclosure.
Because of the extended unforeseen amount of time it has taken to get the company to the point it is at, as of Q3, 2025 the company will buy back the shares of all the USCL-EnergyCite shareholders at a 10X multiple when the company becomes profitable. This is the shareholder exit strategy and is projected to occur in 2027-28 time frames.
Early formation & Capitalization
In 1995 Tom Tamarkin and David Glenwinkel incorporated as Adcite.com. David Glenwinkel invested $30,000 at the time of incorporation and subsequently Tom and Emily Tamarkin invested a total of $217,000.
As of Q3, 2025 the company has raised nearly 2.85 million dollars through its private placement offering.
Adcite.com’s mission was to couple product manufacturers to consumers at the point of sale. Within a year the company changed its name to USCL Corporation and focused its business on the design of the second generation electric utility “smart meter” and in-home customer display as a means of residential energy conservation.
The reason was twofold. One, LCD display technology had not matured to the point enabling a profitable price point, and 2, large investor owned utilities signaled receptivity to change out tens of millions of electro-mechanical gear and dial meters for all electronic meters. Tom Tamarkin was the “inventor” of the first “smart meter” electric, gas, and water meters at Tamar Corporation in Dallas Texas.
In 2003 USCL-EnergyCite designed and developed the DM-06 “Smart Meter” specification for Southern California Edison as part of the SCE RFF-RFP process. Notable novel features of the DM-06 specification are defined in this paper. These include the ability to download new meter software operating systems as well as the incorporation an IEEE 802.15.4 (ZigBee) transceiver to interface with a home area network with mobile customer energy displays and control devices as part of an energy conservation and management system. This specification became the benchmark adopted in the U.S. by Landis+Gyr, Itron, ABB Meter (formerly Westinghouse,) SLB Technology (formerly Schlumberger,) and GE Meter.
USCL-EnergyCite’s primary founder, Tomer (Tom) Tamarkin filed for and subsequently was granted 7 patents for the DM-06 meter and smart home system in the United States, the EU, Israel, and the People’s Republic of China.
At no time did USCL-EnergyCite consider manufacturing meters, per se, and competing with the 5 major meter companies although the company was approached by Waison Meter Company in Changsha, China who wished to enter the American market. Waison invested $500,000.00 in USCL-EnergyCite, and attempted to build prototype US compatible meters. Within six months of investing in USCL- EnergyCite, they abandoned the project after finding the barriers to market entry in the US were too formidable.
USCL- EnergyCite’s strategy from inception of the company in 1995 was to offer the EMS-2020 home energy management hardware/software to residential electric utility customers using the investor owned utilities (IOUs) and large municipal electric utilities as the market channel. Thus 140 million end customers could be reached through 168 IOUs and 50 municipal utility companies.
USCL- EnergyCite never planned on manufacturing smart meters. The company’s future business was a function of growing smart meter sales and installation by utility companies as rapidly as possible.
As of Q3 2025 the company is aware of a few smart home systems companies offering to sell utility meter integration devices to allow customer access to real time power use information. This would be a direct violation of the IP rights the company has with USPTO patent 8,639,390 granted January 28, 2014. The company is currently evaluating its options to enforce it patents through litigation.
By 2010 it became apparent that iPhones and the like would become as ubiquitous as the modern electrical “smart meter.” Thus it set aside its plans to manufacture and sell its standalone hand held display terminal and ultimately lease an “app” to the electrical utility residential customers with a monthly fee tacked on to the customers utility bill. The utility companies in turn pay EnergyCite the aggregate amount of all lease fees monthly. Thus the company creates a long term recurring revenue stream with minimal sales and marketing costs which is far more valuable than creating a onetime product sale.
The company went into a “hibernation mode” from 2012 to July 16, 2018 at which time it began the process of reincorporating as EnergyCite Inc.
The initial incorporators of EnergyCite Inc. were actor/singer Pat Boone in Beverly Hills, California and Tom Tamarkin of Carmichael, CA. EnergyCite pledged to all the former shareholders of USCL to issue new EnergyCite shares of a like amount each USCL shareholder had.
EnergyCite’s strategy was to simply wait until the installed base of new electrical residential “smart meters” reached 130 million units. As of 2024 that target quantity of meters had been installed.
Current Strategy and Plans
As of Q1 2025 the EnergyCite EMS-2020 core products consists of a downloadable app, a 915 MHz ZigBee band to Ethernet band interface adapter and over time, various peripheral devices as shown on the EnergyCite website smart home system description page.
Currently the federal government requires electrical utilities to make available conservation tools to all customers willing to buy them. As of Q3 2025 no company in the US offers residential customers through IOU and other utility companies an EMS-2020 like product (smart phone app and meter radio converter.)
Thus the firm’s distinctive competencies are the understanding of the utility industry, its technical capabilities and its patent portfolio.
EnergyCite’ principal founder and CEO, Tom Tamarkin, is currently filling several additional provisional patent applications which will be converted to full prosecution pending availability of funds.
The company will begin presentations to investor owned utilities in Q1 2026 and plans on installing several beta sites around the country in the Q2 to Q4 2026 time frame with final product availability and roll out Q1 2027.
The company is presently funding its current activities through private placement share holder investments.
In Q3, 2025 the company plans to meet with key executives in the Ace Hardware Corporation. Ace has 4,700+ stores in the US. Ace currently sells the Ecobee smart thermostat.
EnergyCite plans on presenting the concept of a partnership with Ace. The meter hardware interface device, control devices and the product smart phone application can be branded Ace.
Most importantly, this opportunity will allow Ace to reach 10s of millions of residential consumers with information. It can become a core marketing tool of Ace Hardware.
In the event Ace passes on the opportunity, the company will pursue True Value Hardware, Do it Best Hardware, Lowes and Home Depot.
The company has a sister company, ClimateCite Corp, which is a 501(c)(3) not for profit research institute which will fund a plan utility companies and energy companies will “donate” to for tax write off reasons and the fact that the implementation of this plan very much helps utility and energy companies lower their cost of doing business.
It is anticipated the IRS will certify the 501(c)(3) by Q1 2026. The cost is a $5,000 fee to the IRS and approximately $3,000 in CPA and other professional fees which the company will pay in Q3 2025.
Assume 50% of the investor owned utilities donate $10,000 to the 501(c)(3) that provides $800,000 per year in capital $500,000 of which goes to support EnergyCite’s transition from late stage startup phase to a fully operating company which should be profitable within 12 months. Third year gross revenue is forecast to exceed $900 million with an exceptionally high net profit.