Company profile: Power2Switch
1.1 - Company Overview
Company description
- Provider of a free online platform that helps residents and businesses lower energy bills by comparing electricity and natural gas suppliers, searching and switching to competitive rates, and accessing renewable energy plans. Offers solar energy solutions with information and estimates for residential solar panel installation, including costs, savings, incentives. Operational in Illinois and Texas.
Products and services
- Solar Energy Solutions: Web-based estimator calculating cost, projected savings, and available incentives for residential solar panel installations, with state-specific applicability in Illinois and Texas
- Renewable Energy Access: Deregulated-market service that delivers selectable renewable electricity plans plus solar estimates and installation guidance, available online for residents and businesses in Illinois and Texas
- Energy Supplier Comparison: Multi-supplier platform enabling users to search, compare, and switch electricity and natural gas providers, securing competitive rates and lower energy bills in Illinois and Texas
Key contacts
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Financial details
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1.2 - Competitors and similar companies to Power2Switch
Envisij
HQ: United Kingdom
Website
- Description: Provider of energy monitoring tools and consultancy for commercial and industrial energy consumers, developing technology that helps them actively identify energy waste and act to switch or reduce it.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
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Enova
HQ: The Netherlands
Website
- Description: Provider of energy management systems, energy trading, and facility management services for efficient energy use.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
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Novaled
HQ: Germany
Website
- Description: Provider of OLED technologies and proprietary organic materials for displays, lighting, and high-performance OSCs. Offers complete solutions for organic electronics, commercializing Novaled PIN OLED Technology, Doping Technology, and organic materials that enhance charge carrier transport and injection, reduce driving voltage, and improve efficiency, lifetime, and substrate compatibility.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
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Coolerado
HQ: United States
Website
- Description: Provider of super-energy-efficient air conditioning systems for light commercial, government, and residential use, designed, manufactured, and marketed based on proprietary, patented, proven technology.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
View full Coolerado company profile →
Meo Energy
HQ: Austria
Website
- Description: Provider of controller, central home device, and online software solutions that modernize heating systems and optimize building energy flows to save CO2 and costs. Offerings include PROPILOT central energy management for heating and electricity, ActiveHeat MANAGER using building mass/water as energy storage with excess solar, System PROFILER analysis, the PROPILOT cloud, and installation tools.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
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2.M&A buyers
2.1 Potential strategic acquirers in the sector
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2.2 - Strategic buyer groups for Power2Switch
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Buyer group 2: ████████ ████████
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Buyer group 3: ████████ ████████
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Key Products: ████████, ████████, ████████, ████████
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3. Investors and private equity firms
3.1 - Buyout funds investing in similar companies to Power2Switch
2.2 - Growth funds investing in similar companies to Power2Switch
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4 - Top valuation comps for Power2Switch
4.2 - Public trading comparable groups for Power2Switch
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