Computational methods and systems for generating virtual smart-meter data from operational data collected by intelligent controllers in buildings that do not have smart meters are disclosed. Methods and systems include collecting operational data from a number of intelligent controllers and collecting smart-meter data from a number of smart meters associated with the intelligent controllers. The collected operational data and associated smart-meter data are used to generate a mathematical model relating operational data to smart-meter data. The mathematical model can be used to calculate virtual smart-meter data from operational data collected by an intelligent controller located in a building that does not have a smart meter.