Electric power companies in Rhode Island play a crucial role in the state's energy ecosystem. These firms range from traditional utilities to innovative renewable energy providers. They offer services such as energy efficiency, solar installations, and power distribution to meet the rising demand for cleaner energy. The industry is witnessing a shift towards sustainability, with increased investment in renewable energy solutions and smart grid technologies. As awareness of climate change rises, more companies are adopting green practices and technology, ensuring that Rhode Island remains competitive in the evolving energy sector.

The companies in this list vary in size and founding dates, showcasing a blend of young startups and established firms. They are located throughout Rhode Island, from Providence to Smithfield, and beyond. With employee counts ranging from small teams to large companies, their specialties include energy efficiency, solar solutions, industrial services, and electric power systems. As innovation continues, these firms are increasingly focused on integrating sustainable energy solutions to fulfill both regional and national energy demands.

Read on to discover more about Rhode Island's top electric power companies.

Top 19 Electric Power Companies Companies in Rhode Island

1. Energy Source

• Website: energysource.com
• Ownership type: Venture Capital
• Headquarters: Smithfield, Rhode Island, United States (USA)
• Employee distribution: United States (USA) 100%
• Latest funding: $1.2M, February 2024
• Founded year: 2003
• Headcount: 51-200
• LinkedIn: energy-source-llc

Energy Source LLC, based in Smithfield, Rhode Island, is an energy solutions provider that has been operational since 2003. The company focuses on energy efficiency and electrification services, catering to a variety of sectors including commercial, industrial, healthcare, and education. Their offerings include EV charging solutions, electrification services, and construction services aimed at reducing energy costs and promoting sustainable practices. Energy Source has established partnerships with utility providers, allowing them to access programs and incentives that help offset project costs for their clients. Recently, they secured $1.2 million in funding in February 2024, indicating ongoing growth and investment in their capabilities.

2. First Point Power, LLC

• Website: firstpointpower.com
• Ownership type: Private
• Headquarters: Cranston, Rhode Island, United States (USA)
• Employee distribution: United States (USA) 100%
• Founded year: 2009
• Headcount: 11-50
• LinkedIn: first-point-power-llc

First Point Power, LLC, founded in 2009 and based in Cranston, Rhode Island, is an energy supplier dedicated to providing electricity services primarily to businesses and municipalities across New England. The company offers a range of energy products, including fully-fixed, index, and hybrid/flexible pricing options, designed to meet the specific needs of their clients. First Point Power emphasizes building partnerships and delivering reliable energy solutions, which is evident in their involvement with municipal aggregation programs in states like Massachusetts and New Hampshire. They have been selected to supply electricity to various municipal accounts, showcasing their capability to handle community energy needs. With a team of 18 employees, First Point Power operates with a focus on transparency and customer service, aiming to simplify the energy buying process for their partners and clients.

3. Coastline Electric, Inc.

• Website: coastlineelectricri.com
• Ownership type: Private
• Headquarters: Smithfield, Rhode Island, United States (USA)
• Employee distribution: United States (USA) 100%
• Founded year: 2018
• Headcount: 11-50
• LinkedIn: coastline-electric-inc

Coastline Electric, Inc. is an electrical contractor based in Smithfield, Rhode Island, specializing in both residential and commercial electrical services. Founded in 2018, the company has quickly built a reputation for providing reliable electrical solutions, including installations, repairs, and maintenance of electrical systems. They also offer standby generator services, catering to the needs of homeowners and businesses in Rhode Island and Southeastern Massachusetts. Coastline Electric prides itself on its commitment to safety and efficiency, ensuring that all electrical work meets industry standards. Their team of skilled electricians brings a wealth of experience, focusing on customer satisfaction and timely project completion. The company has not reported any funding, indicating that it operates independently without external financial backing.

4. Frontline Power Solutions, LLC

• Website: fpsenergy.com
• Ownership type: Corporate
• Headquarters: Providence, Rhode Island, United States (USA)
• Employee distribution: United States (USA) 100%
• Latest funding: August 2022
• Founded year: 2013
• Headcount: 51-200
• LinkedIn: frontline-power-solutions-llc

Frontline Power Solutions, LLC, based in Providence, Rhode Island, is an energy solutions company founded in 2013. The firm specializes in electricity and natural gas supply, energy conservation, and consulting services tailored for commercial and industrial clients, including data centers. With a team of industry experts, Frontline Power Solutions has been active in the energy procurement and consulting space since the onset of deregulation. They provide comprehensive services that include power supply solutions, efficiency consulting, and renewable energy options. Their strategic partnerships with major energy producers enable them to offer competitive pricing and significant savings to their clients. The company operates entirely within the United States and has built a reputation for delivering customized energy strategies that meet the specific needs of their clients.

5. Sol Power

• Website: solpowersolar.com
• Ownership type: Private
• Headquarters: Westerly, Rhode Island, United States (USA)
• Employee distribution: United States (USA) 82%, Brazil 18%
• Founded year: 2013
• Headcount: 11-50
• LinkedIn: sol-power-cooperative

Sol Power is a privately owned solar energy company based in Westerly, Rhode Island, established in 2013. With a dedicated team of 22 employees, the company specializes in the installation and maintenance of solar energy systems, catering to both residential and commercial customers. Sol Power has successfully completed over 1,000 installations, reflecting its commitment to providing effective renewable energy solutions. The company prides itself on being 100% employee-owned, which fosters a culture of accountability and customer-centric service. This structure allows every team member to have a stake in the success of each project, ensuring high levels of engagement and satisfaction. Sol Power actively promotes solar energy as a means to reduce energy costs and environmental impact, making it a relevant player in the electric power industry.

6. Evergreen Solar

• Website: goevergreen.solar
• Ownership type: Private
• Headquarters: Providence, Rhode Island, United States (USA)
• Employee distribution: United States (USA) 100%
• Founded year: 2020
• Headcount: 11-50
• LinkedIn: go-evergreen-solar

Evergreen Solar, based in Providence, Rhode Island, is a solar energy company that specializes in the installation of solar panels and related services. Founded in 2020, the company aims to provide tailored solar solutions to homeowners and businesses, helping them reduce their electricity costs while transitioning to renewable energy sources. Evergreen Solar places a strong emphasis on customer education, ensuring that clients understand the benefits and workings of solar energy. Their approach includes a detailed process that involves discovery calls, system design, and savings reviews, all aimed at empowering customers to make informed decisions. The company also highlights its commitment to sustainability, with initiatives that include planting trees for every solar installation, thereby contributing to environmental conservation. With a focus on ethical practices and customer satisfaction, Evergreen Solar is carving out its niche in the renewable energy sector, particularly in the New England area.

7. Green Development LLC

• Website: green-ri.com
• Ownership type: Corporate
• Headquarters: Cranston, Rhode Island, United States (USA)
• Employee distribution: United States (USA) 100%
• Latest funding: $202.5M, November 2024
• Founded year: 2009
• Headcount: 51-200
• LinkedIn: green-dev-llc

Green Development LLC, founded in 2009 and based in Cranston, Rhode Island, specializes in renewable energy solutions, particularly solar and wind energy. The company serves a variety of clients, including farmers, municipalities, schools, and nonprofits, focusing on stabilizing energy costs and promoting sustainability. They manage the entire lifecycle of renewable energy projects, from planning and design to construction and maintenance. Notably, Green Development has been recognized for its contributions to increasing distributed wind capacity in the U.S. and has completed significant projects like the Iron Mine Solar project, which is the largest solar installation in Rhode Island. In November 2024, they secured $202.5 million in funding, indicating strong investor confidence in their operations and future growth. Their commitment to local job creation and community engagement further enhances their profile in the renewable energy sector.

8. Eagle Electric Engineering Enterprise

• Website: eagleelectric.com
• Ownership type: Private
• Headquarters: Westerly, Rhode Island, United States (USA)
• Employee distribution: United States (USA) 100%
• Founded year: 1984
• Headcount: 51-200
• LinkedIn: eagle-electric-engineering-enterprise

Eagle Electric Engineering Enterprise, established in 1984, is a private electrical contractor based in Westerly, Rhode Island. The company specializes in a broad spectrum of services, including electrical installations, solar energy solutions, and automation services. With a workforce of approximately 35 employees, Eagle Electric caters to various sectors, providing tailored solutions that enhance operational efficiency and reduce energy costs. Their expertise extends to both commercial and industrial projects, where they have successfully completed numerous installations and renovations. The firm is particularly noted for its extensive experience in solar energy, having executed both large industrial solar fields and smaller residential projects. Eagle Electric is also recognized for its commitment to quality and safety, being a UL Certified Company. Their focus on customer satisfaction is evident through repeat business and positive testimonials from clients. Operating primarily in Rhode Island and Connecticut, Eagle Electric continues to adapt to the evolving energy landscape, emphasizing sustainable practices and innovative solutions.

9. Rooftop Power

• Website: rooftoppowerco.com
• Ownership type: Private
• Headquarters: Warwick, Rhode Island, United States (USA)
• Employee distribution: United States (USA) 100%
• Founded year: 2017
• Headcount: 51-200
• LinkedIn: rooftop-power

Rooftop Power, founded in 2017 and based in Warwick, Rhode Island, is a private solar energy company that specializes in solar installation services for residential and commercial properties. The company operates primarily in Rhode Island and Massachusetts, offering a range of financing options to facilitate the transition to renewable energy. Their services include rooftop and ground mount solar solutions, catering to the unique needs of each property. Rooftop Power emphasizes customer education and satisfaction, guiding clients through the entire solar journey from initial consultation to installation. Their commitment to sustainability and reducing electricity costs for customers reflects a growing trend in the energy sector towards renewable solutions. The company is also involved in leveraging local market incentives to maximize savings for their clients, showcasing their understanding of the regional energy landscape.

10. VoltServer Inc.

• Website: voltserver.com
• Ownership type: Venture Capital
• Headquarters: East Greenwich, Rhode Island, United States (USA)
• Employee distribution: United States (USA) 97%, United Kingdom (UK) 3%
• Latest funding: Series B, $17.5M, April 2023
• Founded year: 2011
• Headcount: 51-200
• LinkedIn: voltserver-inc-

VoltServer Inc., based in East Greenwich, Rhode Island, is a power distribution company founded in 2011. The firm specializes in Fault Managed Power Systems, offering products like Digital Electricity™ Transmitters and Receivers. These products cater to industries such as real estate, agriculture, and data centers, providing efficient and safe power solutions. VoltServer's technology allows for the conversion of conventional electricity into a digital format, enhancing the distribution process. The company has also engaged in manufacturing and engineering services to meet the specific power distribution needs of its clients. Recently, VoltServer secured $17.5 million in Series B funding, reflecting strong investor confidence in its innovative approach to power distribution. With a workforce of around 61 employees, the company is positioned to address the growing demands for modern electrical infrastructure.

11. Project Power

• Website: projectpower.co.uk
• Ownership type: Venture Capital
• Headquarters: Newport, Rhode Island, United States (USA)
• Employee distribution: United Kingdom (UK) 100%
• Latest funding: January 2019
• Founded year: 2013
• Headcount: 11-50
• LinkedIn: project-power1

Project Power, based in Newport, Rhode Island, is a service-oriented company that specializes in temporary power solutions and equipment rental. Founded in 2013, the company has carved out a niche in the market by providing generator hire, standby power, and emergency fuel delivery. Their primary clientele includes businesses in the event management and construction sectors, where reliable power is critical. Project Power operates around the clock, ensuring that clients can access support whenever they need it. They pride themselves on their quality of equipment and high level of service, which is evident in their commitment to customer satisfaction. The company has also expanded its offerings to include logistics and transport services, further enhancing their ability to meet the urgent power needs of their clients. With a focus on innovation and customer support, Project Power continues to invest in the best equipment and practices to maintain their competitive edge in the industry.

12. Matrix Power Services, Inc

• Website: matrixpower.com
• Ownership type: Private
• Headquarters: Burrillville, Rhode Island, United States (USA)
• Employee distribution: United States (USA) 100%
• Founded year: 2000
• Headcount: 51-200
• LinkedIn: matrix-power-services-inc

Matrix Power Services, Inc., founded in 2000 and based in Burrillville, Rhode Island, is a private company that specializes in providing comprehensive services to power plants and industrial facilities. With a workforce of approximately 65 employees, the company has accumulated over 100 years of combined experience in the industry. Matrix Power Services offers a wide array of services, including new construction, plant maintenance, boiler services, and emergency response. They cater to various sectors, including gas, oil, coal, biomass, and hydroelectric power generation, ensuring that they meet the specific needs of their clients. Their commitment to quality and safety is evident in their operational practices, which are designed to thrive in high-risk environments. The company operates across several states, including Rhode Island, Maine, Virginia, and Florida, providing critical support to their customers in the power generation and heavy industrial sectors.

13. Power Resources, Inc.

• Website: powerresources.net
• Ownership type: Private
• Headquarters: Hopkinton, Rhode Island, United States (USA)
• Employee distribution: United States (USA) 100%
• Founded year: 1989
• Headcount: 11-50
• LinkedIn: power-resources-inc-

Power Resources, Inc., founded in 1989, is a private company based in Exeter, Rhode Island. With a workforce of approximately 23 employees, the company specializes in critical power systems, focusing on uninterruptible power supplies (UPS) and battery services. They provide a range of services including maintenance, emergency support, and compliance testing, ensuring that power systems operate at optimal performance. Power Resources has been serving the Northeast region for over three decades, offering quick response times to major cities such as Boston and New York. Their facility spans 27,000 square feet, equipped for testing and training, which enhances their service capabilities. The company prides itself on personalized service and has built a strong reputation for reliability and customer satisfaction in the critical power sector.

14. Delta Electro Power

• Website: deltamotor.com
• Ownership type: Private Equity
• Headquarters: Cranston, Rhode Island, United States (USA)
• Employee distribution: United States (USA) 100%
• Latest funding: April 2024
• Founded year: 1977
• Headcount: 11-50
• LinkedIn: delta-electro-power-inc

Delta Electro Power, based in Cranston, Rhode Island, has been operational since 1977. This private equity-owned company specializes in the sale and service of electric motors, pumps, and related equipment. With a workforce of around 32 employees, Delta Electro Power provides mechanical and electrical services tailored to various sectors, including construction, food production, and utilities. Their offerings include not only product sales but also comprehensive mechanical and electrical services, ensuring that clients can maintain operational efficiency and adhere to safety standards. The company has developed a reputation for its solution-oriented approach, focusing on diagnosing issues and providing long-term solutions rather than merely selling products. Delta Electro Power's commitment to customer service is evident in their extensive experience, with over 400 years of combined technical expertise among their staff. They also have a dedicated electrical division, enhancing their service capabilities. Overall, Delta Electro Power plays a significant role in supporting the operational needs of its clients within the electric power sector.

15. Flux Marine

• Website: fluxmarine.com
• Ownership type: Venture Capital
• Headquarters: Bristol, Rhode Island, United States (USA)
• Employee distribution: United States (USA) 100%
• Latest funding: Series A, $15.5M, March 2022
• Founded year: 2018
• Headcount: 11-50
• LinkedIn: flux-marine-ltd

Flux Marine, founded in 2018 and based in Bristol, Rhode Island, is an electric boat manufacturer that specializes in electric propulsion systems. The company aims to provide consumers with sustainable and enjoyable boating experiences through advanced technology and efficient electric solutions. Flux Marine designs and builds electric outboards, which are paired with high-performance battery modules and smart software to enhance the overall boating experience. Their products are engineered for performance, efficiency, and minimal maintenance, catering to a growing market of environmentally conscious boaters. In March 2022, Flux Marine secured $15.5 million in Series A funding, which underscores investor confidence in their innovative approach to marine propulsion and their potential for growth in the electric power sector.

16. Walco Electric

• Website: walcokip.com
• Ownership type: Private
• Headquarters: Providence, Rhode Island, United States (USA)
• Employee distribution: United States (USA) 57%, Mexico 43%
• Founded year: 1931
• Headcount: 51-200
• LinkedIn: walco-electric

Walco Electric Co. is an industrial service company based in Providence, Rhode Island, with a history dating back to 1931. Initially focused on manufacturing radio antenna kits, the company quickly pivoted to electric motor repair, capitalizing on the needs of the local wire and textile industries. Over the decades, Walco has evolved into a significant player in automation engineering and repair services, specializing in the optimization of rotating electro-mechanical apparatus and automated process equipment. They serve a variety of sectors, including industrial and rail transportation, providing solutions that enhance productivity and efficiency. With a commitment to 24/7 service, Walco Electric ensures that their clients can rely on them for continuous support. Their affiliation with Siemens as a Solution Partner for AC/DC drives underscores their technical expertise and industry standing. Walco's capabilities extend to rebuilding and remanufacturing traction motors and generators, making them a key provider in the rail transportation sector. Their operational model includes three shifts and emergency services, reflecting their dedication to customer service and operational excellence.

17. Reed Semiconductor Corp.

• Website: reedsemi.com
• Ownership type: Private
• Headquarters: Warwick, Rhode Island, United States (USA)
• Employee distribution: India 42%, United States (USA) 35%, Taiwan 22%
• Founded year: 2019
• Headcount: 51-200
• LinkedIn: reed-semiconductor-corp

Reed Semiconductor Corp., founded in 2019 and headquartered in Warwick, Rhode Island, is a fabless semiconductor company that focuses on innovative power management solutions. The company designs and develops a range of products, including eFuses, Multiphase Controllers, and Point-of-Load DC-DC Converters. These products are tailored for critical sectors such as data centers, automotive, communications, and industrial applications. Reed operates by collaborating with global wafer foundries and assembly partners, ensuring that their solutions meet the rigorous demands of modern power management. Their commitment to creating robust, efficient, eco-friendly, and compact power solutions reflects their understanding of the evolving energy landscape, particularly as industries face increasing power demands from technologies like AI and high-performance computing. Reed's products are designed to enhance system resilience and efficiency, addressing the challenges of dynamic load management while minimizing energy loss.

18. Anderson Motors

• Website: andersonmotors.com
• Ownership type: Family Owned
• Headquarters: East Providence, Rhode Island, United States (USA)
• Employee distribution: United States (USA) 100%
• Founded year: 1961
• Headcount: 11-50
• LinkedIn: anderson-motors-anderson-blue-bus-sales-of-new-england

Anderson Motors Inc, established in 1961, is a family-owned vehicle dealership located in East Providence, Rhode Island. The company specializes in the sales and service of trucks and buses, catering primarily to municipalities, schools, and businesses. They offer a range of new and used vehicles, parts, and maintenance services. Notably, Anderson Motors has expanded its offerings to include electric buses and trucks, reflecting a commitment to sustainable transportation solutions. They assist clients with the integration of electric vehicles into their fleets, providing guidance on infrastructure, financing options, and grant processes. Their partnerships with brands like Blue Bird and Volvo further enhance their position in the electric vehicle market, making them a significant player in the transition to electric transportation.

19. Tower Manufacturing Corporation

• Website: towermfg.com
• Ownership type: Private
• Headquarters: Providence, Rhode Island, United States (USA)
• Employee distribution: United States (USA) 60%, India 40%
• Founded year: 1957
• Headcount: 1001-5000
• LinkedIn: tower-manufacturing-corporation

Tower Manufacturing Corporation, established in 1957 and based in Providence, Rhode Island, is a manufacturer that specializes in electrical safety devices and electromechanical products. The company produces a range of products, including Ground Fault Circuit Interrupters (GFCIs) and Leakage Current Detection Interrupters (LCDIs), which are crucial for protecting users from electrical shock and preventing fire hazards. Tower Manufacturing serves various industries, including construction, commercial, and residential sectors, providing custom manufacturing services tailored to Original Equipment Manufacturers (OEMs). Their commitment to safety is reflected in their adherence to UL and CSA standards, ensuring that their products meet rigorous safety requirements. With a workforce that includes a significant presence in India, Tower Manufacturing is positioned to respond to the needs of its clients while maintaining a focus on quality and compliance.

Electric Power Companies Insights: Key Companies in Rhode Island

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