The smart grid industry revolutionizes how energy is produced, distributed, and consumed, emphasizing efficiency and sustainability. Companies in this space focus on advanced technologies like smart meters, communication networks, and energy management systems. These innovations help utilities respond quickly to demand fluctuations and integrate renewable energy sources effectively. As energy transition accelerates, the industry is gravitating towards automation and real-time data analytics. Challenges like climate change and the push for greener energy solutions make this sector critical for future infrastructure. Moreover, the increasing demand for energy resilience amidst changing conditions propels investment and innovation.

This list profiles 22 smart grid companies varying in size from 50 to over 10,000 employees, headquartered globally with key players in the USA, Canada, and Europe. Founded between the 1940s and 2010s, these companies specialize in offering a range of services including energy management solutions, smart metering technologies, and utility communication systems. Their collective expertise underscores the industry's momentum and drive towards improved energy efficiency and sustainability. These companies cater to utility firms and municipalities, demonstrating a focus on enhancing operational effectiveness and supporting the energy transition.

Continue reading to explore the top smart grid companies.

Top 22 Smart Grid Companies Companies

1. Trilliant

• Website: trilliant.com
• Ownership type: Venture Capital
• Headquarters: Vaughan, Ontario, Canada
• Employee distribution: United States (USA) 28%, Canada 28%, Colombia 22%, Other 22%
• Latest funding: December 2010
• Founded year: 2004
• Headcount: 201-500
• LinkedIn: trilliant

Trilliant is a technology solutions provider based in Vaughan, Ontario, Canada, founded in 2004. The company focuses on smart grid and smart city solutions, offering a range of services that include advanced metering infrastructure (AMI), data analytics, and network management tailored for energy companies and utilities. With a workforce of approximately 411 employees, Trilliant operates globally, with a notable presence in the United States, Canada, Colombia, India, and Malaysia. The company has established itself as a key player in the industry, serving over 200 customers and managing more than 37 million endpoints worldwide. Trilliant's solutions are designed to enhance operational efficiency, support sustainability initiatives, and facilitate the energy transition for its clients. Their commitment to providing flexible, device-independent technology options allows customers to optimize their operations without being tied to a single vendor, which is increasingly important in today's rapidly evolving energy landscape.

2. Silver Spring Networks

• Website: ssni.com
• Ownership type: Private
• Headquarters: San Jose, California, United States (USA)
• Employee distribution: United States (USA) 95%, Nigeria 2%, United Kingdom (UK) 2%
• Founded year: 2002
• Headcount: 501-1000
• LinkedIn: silver-spring-networks

Silver Spring Networks, founded in 2002 and based in San Jose, California, is a private technology solutions provider focused on smart energy and water management. The company offers a range of products and services, including smart metering and data analytics, tailored for utilities and cities across the globe. Their solutions are designed to tackle infrastructure challenges, improve resource efficiency, and support the transition to sustainable energy practices. Silver Spring Networks has established a significant presence in the smart grid sector, working with numerous utilities to enhance grid reliability and facilitate the integration of renewable energy sources. Their commitment to innovation and sustainability positions them as a relevant player in the smart grid industry.

3. Aclara

• Website: aclara.com
• Ownership type: Corporate
• Headquarters: St. Louis, Missouri, United States (USA)
• Employee distribution: United States (USA) 71%, Spain 18%, India 7%, Other 4%
• Latest funding: June 2021
• Founded year: 1972
• Headcount: 501-1000
• LinkedIn: aclara

Aclara, a subsidiary of Hubbell Incorporated, is based in St. Louis, Missouri, and has been operational since 1972. The company specializes in manufacturing utility solutions that cater to the electrical and electronic needs of utility companies and the construction sector. Aclara's product portfolio includes smart meters, utility communication systems, and electric vehicle charging solutions. Their technology is designed to improve energy management and enhance the reliability of utility services. Aclara also offers consulting and implementation services to help utilities optimize their advanced metering infrastructure (AMI) networks. With a workforce of approximately 941 employees, Aclara is committed to delivering innovative solutions that address the challenges faced by utility providers today.

4. Iskraemeco

• Website: iskraemeco.com
• Ownership type: Corporate
• Headquarters: Kranj, Kranj, Slovenia
• Employee distribution: Egypt 33%, Slovenia 30%, India 26%, Other 10%
• Latest funding: $5.1M, September 2024
• Founded year: 1945
• Headcount: 1001-5000
• LinkedIn: iskraemeco

Iskraemeco, founded in 1945 and based in Kranj, Slovenia, is a company that specializes in energy and water solutions. With a workforce of around 886 employees, Iskraemeco has established itself as a significant player in the smart grid sector. The company offers a range of innovative technologies and services aimed at enhancing efficiency and sustainability in energy and water management. Their product offerings include smart metering systems, digital grid solutions, and energy management platforms, which are crucial for modernizing utility operations. Iskraemeco serves a diverse clientele, including utility companies and municipalities, helping them to optimize resource management and improve service delivery. The company is also part of Elsewedy Electric, which further strengthens its capabilities and market reach. Recently, Iskraemeco secured funding of approximately 5.1 million euros, indicating investor confidence in its growth potential and strategic direction.

5. Efacec

• Website: efacec.com
• Ownership type: Private Equity
• Headquarters: Matosinhos, Porto, Portugal
• Employee distribution: Portugal 81%, India 8%, Other 11%
• Latest funding: March 2014
• Founded year: 1948
• Headcount: 1001-5000
• LinkedIn: efacec

Efacec Energia, S.A., based in Matosinhos, Porto, Portugal, is a private equity company specializing in electromechanical and energy solutions. Founded in 1948, Efacec has established itself as a significant player in the energy sector, particularly in automation and management systems for electric power grids. The company serves electric power companies and utilities, providing advanced technology aimed at enhancing grid management and operational efficiency. Efacec's Automation and Smart Power business unit focuses on solutions for Distribution and Transmission Grid Management Systems, including SCADA/DMS, ADMS, and DERMS. They also offer outage management systems and integrated substation automation solutions. Efacec is actively involved in research and development, continuously innovating in areas such as power conversion systems and renewable energy integration. Their projects, such as the GPDER+ initiative, aim to develop predictive management systems for distribution grids, showcasing their commitment to addressing modern energy challenges.

6. EDMI Limited

• Website: edmi-meters.com
• Ownership type: Private
• Headquarters: Singapore
• Employee distribution: Singapore 40%, Australia 21%, Malaysia 11%, Other 28%
• Founded year: 1978
• Headcount: 1001-5000
• LinkedIn: edmi-ltd

EDMI Limited, established in 1978, is a smart metering solutions provider based in Singapore. The company specializes in innovative energy management technologies, offering a range of products that include smart meters and data management systems. EDMI primarily serves energy companies, helping them improve operational efficiency and customer service. With a strong emphasis on quality and reliability, EDMI has installed millions of multi-functional smart meters across 88 countries, showcasing its global reach and impact. The company is owned by Osaki Electric Co., Ltd., a Japanese metering solutions provider. EDMI's product offerings include advanced solutions like MIRA AMI, MIRA MDM, and MIRA Smart Grid, which are integral to modern energy management. Their commitment to sustainability and customer relationships further solidifies their position in the energy sector.

7. PowerSecure, Inc.

• Website: powersecure.com
• Ownership type: Corporate
• Headquarters: Durham, North Carolina, United States (USA)
• Employee distribution: United States (USA) 100%
• Latest funding: $431.0M, February 2016
• Founded year: 1991
• Headcount: 501-1000
• LinkedIn: powersecure

PowerSecure, Inc., based in Durham, North Carolina, is an energy solutions provider that has been operational since 1991. The company specializes in innovative energy management and efficiency services, offering a range of products that include microgrids, energy storage, and energy efficiency services. PowerSecure serves various sectors, including healthcare, government, and manufacturing, focusing on delivering reliable and resilient energy solutions. They have developed and managed over 2 GW of microgrid capacity and implemented more than $900 million in energy efficiency upgrades. As a subsidiary of Southern Company, PowerSecure is positioned to leverage extensive resources and expertise in the energy sector, making significant contributions to the advancement of smart grid technologies. Their commitment to sustainability and operational efficiency is evident in their projects, which aim to reduce carbon footprints while maximizing economic value for their customers.

8. Ormazabal

• Website: ormazabal.com
• Ownership type: Private
• Headquarters: Derio, Basque Country, Spain
• Employee distribution: Spain 69%, France 9%, United Kingdom (UK) 4%, Other 18%
• Latest funding: Other (Debt), $42.5M, December 2022
• Founded year: 1967
• Headcount: 1001-5000
• LinkedIn: ormazabal

Ormazabal, founded in 1967 and based in Derio, Basque Country, Spain, is a private company that provides advanced electrical solutions. With a workforce of over 1,100 employees, Ormazabal focuses on high-tech electrical products and services tailored for the energy and utilities sectors. The company is particularly noted for its contributions to smart grids, green energy generation, and sustainable infrastructure development. Their product range includes primary and secondary distribution cells, transformers, and automation solutions, all designed to support the electrification of modern infrastructure. Ormazabal is actively involved in projects that integrate renewable energy sources and enhance the efficiency of electrical networks. Their recent funding of over 42 million euros in December 2022 further underscores their commitment to innovation and growth in the energy sector.

9. S&C Electric Company

• Website: sandc.com
• Ownership type: Private
• Headquarters: Chicago, Illinois, United States (USA)
• Employee distribution: United States (USA) 75%, Canada 18%, Mexico 3%, Other 4%
• Founded year: 1911
• Headcount: 1001-5000
• LinkedIn: s%26c-electric-company

S&C Electric Company, founded in 1911 and based in Chicago, Illinois, is a manufacturer and provider of electric utility solutions. With a workforce of over 2,500 employees, the company focuses on power distribution and automation products. S&C serves a variety of customers, including utilities and industries, by delivering reliable and resilient electrical systems. Their product range includes advanced automation solutions, switching equipment, and microgrid control systems, all designed to enhance power reliability and reduce outages. S&C is actively involved in the smart grid sector, providing innovative technologies that support the modernization of electrical infrastructure. Their commitment to sustainability and resilience further underscores their role in advancing smart grid initiatives.

10. Flashnet Sa

• Website: flashnet.ro
• Ownership type: Corporate
• Headquarters: Brașov, Brașov, Romania
• Employee distribution: Romania 95%, France 3%, United States (USA) 3%
• Latest funding: July 2018
• Founded year: 2005
• Headcount: 51-200
• LinkedIn: flashnet-brasov

Flashnet Sa, founded in 2005 and based in Brașov, Romania, is a technology company that specializes in intelligent energy management systems and smart city solutions. With a workforce of approximately 73 employees, Flashnet focuses on providing advanced hardware and software solutions tailored for municipalities and energy providers. Their flagship products include inteliLIGHT, a remote management system for street lighting; inteliCITY, a centralized city management platform; and inteliGRID, a comprehensive smart grid solution aimed at improving grid awareness and integrating renewable energy sources. Flashnet has established itself as a key player in the smart city and smart grid sectors, actively participating in international events and receiving recognition for its innovative solutions. The company operates primarily in Romania, with a small presence in France and the USA, and has been involved in various projects that enhance urban management and energy distribution.

11. Smart DCC

• Website: smartdcc.co.uk
• Ownership type: Private
• Headquarters: London, England, United Kingdom (UK)
• Employee distribution: United Kingdom (UK) 100%
• Founded year: 2013
• Headcount: 501-1000
• LinkedIn: smart-dcc-ltd

Smart DCC Ltd, based in London, is an energy infrastructure company established in 2013. It specializes in the development and management of smart metering data and communications networks. The company plays a pivotal role in the UK's energy sector by facilitating smart meter upgrades and providing telecommunications support to energy suppliers and utility companies. Smart DCC's services are designed to enhance energy management capabilities, which is increasingly important as the demand for efficient energy use grows. They are involved in various initiatives, including the migration of first-generation smart meters and the support of electric vehicle smart charging. Their operations are regulated by Ofgem, ensuring compliance with industry standards. As a wholly owned subsidiary of Capita plc, Smart DCC is positioned to leverage its parent company's resources while focusing on its mission to transform Britain's energy infrastructure.

12. Consert, Inc.

• Website: consert.com
• Ownership type: Corporate
• Headquarters: San Antonio, Texas, United States (USA)
• Latest funding: February 2013
• Founded year: 2008
• Headcount: 51-200
• LinkedIn: consert-inc.

Consert, Inc., based in San Antonio, Texas, is an energy management company that focuses on smart metering solutions. Founded in 2008, the company aims to assist utility companies in modernizing their operations and enhancing customer engagement. Their offerings include advanced metering technology, grid management solutions, and software services tailored specifically for the energy sector. Consert's products are designed to help utilities manage energy more effectively, addressing challenges such as asset management, demand response, and distributed energy resources. Despite its contributions to the smart grid sector, the company has not reported any funding since 2013, which may impact its competitive edge and innovation capacity in a rapidly evolving industry.

13. National Energy Center

• Website: nec-oman.com
• Ownership type: Private
• Headquarters: Muscat, Muscat Governorate, Oman
• Employee distribution: Oman 100%
• Founded year: 2015
• Headcount: 501-1000
• LinkedIn: national-electricity-and-energy-center

National Energy Center (NEC), established in 2015 and based in Muscat, Oman, is a semi-government company dedicated to serving the utility sector. NEC specializes in providing innovative and integrated smart solutions, smart services, and smart technologies, particularly in renewable energy and utility metering. The company has made significant strides in bringing global expertise in these fields to Oman, aiming to enhance operational efficiency and promote sustainable energy practices. NEC has successfully developed tailored solutions for utility distribution companies, positioning itself as a competitive force in the market. Their focus on localized manufacturing and the integration of IoT technologies further underscores their commitment to innovation and customer satisfaction in the utility sector.

14. Hitachi ABB Power Grids

• Website: hitachiabb-powergrids.com
• Ownership type: Corporate
• Headquarters: Zurich, Zurich, Switzerland
• Employee distribution: United States (USA) 24%, Switzerland 10%, Sweden 10%, Other 56%
• Latest funding: $9.0B, June 2020
• Founded year: 2000
• Headcount: 10001+
• LinkedIn: hitachipg

Hitachi ABB Power Grids, based in Zurich, Switzerland, is a prominent player in the energy solutions industry. Founded in 2000, the company specializes in power generation, transmission, and distribution. They provide a comprehensive range of products and services, including electrical equipment and digital solutions tailored for utilities and industrial sectors. Hitachi ABB Power Grids is particularly focused on sustainability, helping customers integrate renewable energy sources and enhance energy efficiency. Their innovative technologies, such as high-voltage direct current (HVDC) systems and grid edge solutions, are pivotal in modernizing energy infrastructure. The company has also received significant funding, amounting to $9 billion in June 2020, which underscores its growth potential and commitment to advancing energy solutions.

15. Networked Energy Services (NES) Corporation

• Website: networkedenergy.com
• Ownership type: Private
• Headquarters: San Jose, California, United States (USA)
• Employee distribution: Poland 38%, United States (USA) 24%, India 17%, Other 21%
• Founded year: 2014
• Headcount: 51-200
• LinkedIn: networked-energy-services-nes-corporation

Networked Energy Services (NES) Corporation, based in San Jose, California, is a technology provider that specializes in smart grid solutions for utilities. Established in 2014 as a spinoff from Echelon Corporation’s Grid Modernization Division, NES has quickly positioned itself as a key player in the smart energy sector. The company offers a range of products and services designed to enhance grid efficiency and reliability, including energy applications, security applications, and smart devices. NES's technology is utilized by utilities worldwide, with a notable deployment of nearly 40 million smart meters and other smart end devices. Their solutions are built on a three-tier architecture that supports advanced analytics and operational tools, enabling utilities to modernize their energy systems effectively. NES is also recognized for its commitment to cybersecurity, integrating robust security measures into its smart grid solutions to protect against emerging threats. With research and development centers in multiple countries, including Poland and the United States, NES continues to innovate and adapt to the evolving demands of the energy sector.

16. Inhemeter CO.,LTD.

• Website: inhemeter.com
• Ownership type: Private
• Headquarters: Shenzhen, Guangdong, China
• Employee distribution: China 91%, Colombia 3%, Bangladesh 3%, Other 3%
• Founded year: 2009
• Headcount: 1001-5000
• LinkedIn: inhemeter-co.-ltd.

Inhemeter CO.,LTD., founded in 2009 and headquartered in Shenzhen, Guangdong, China, is a private company that specializes in smart power distribution solutions. With a workforce of around 1,000 employees, Inhemeter focuses on the research, development, and manufacturing of smart meters and energy management systems. Their offerings include a range of products such as prepaid energy meters, smart terminals, and software systems designed to optimize energy management for utilities and power companies. Inhemeter has made notable strides in the industry, supplying over 3 million smart meters to Kenya and becoming a key supplier for various international markets. The company is dedicated to supporting the transition to smart energy systems, emphasizing innovation and sustainability in its operations. Inhemeter's global presence is marked by its export of products to more than 80 countries, showcasing its commitment to enhancing energy efficiency and service delivery on a worldwide scale.

17. EnerNex

• Website: enernex.com
• Ownership type: Corporate
• Headquarters: Knoxville, Tennessee, United States (USA)
• Employee distribution: United States (USA) 100%
• Latest funding: July 2018
• Founded year: 2003
• Headcount: 11-50
• LinkedIn: enernex

EnerNex, founded in 2003 and based in Knoxville, Tennessee, is a consulting firm that specializes in engineering and research services tailored for the electric power industry. With a team of experts, EnerNex addresses complex energy challenges, focusing on critical areas such as grid modernization, renewable energy integration, and cybersecurity. Their services include electric energy system engineering, renewable energy integration studies, and grid technology consulting. EnerNex collaborates with electric utilities and organizations to develop practical strategies for modernizing the grid and enhancing energy resilience. They have been involved in significant projects, such as the Advanced Security Acceleration Project for Smart Grid, which showcases their commitment to improving grid security and efficiency. EnerNex's expertise positions them as a valuable resource in the ongoing transition to smarter energy systems.

18. dVentus Wind Technologies

• Website: dventus.com
• Ownership type: Venture Capital
• Headquarters: Addis Ababa, Addis Ababa, Ethiopia
• Employee distribution: Ethiopia 100%
• Latest funding: Other (Grant), $842,000, December 2014
• Founded year: 2005
• Headcount: 51-200
• LinkedIn: dventus-technologies

dVentus Wind Technologies, based in Addis Ababa, Ethiopia, is an energy technology company founded in 2005. The firm specializes in smart grid solutions and energy efficiency products, catering primarily to utility companies and organizations within the energy sector. Their product lineup includes smart electric meters, smart water meters, and various system solutions designed to enhance utility management and operational efficiency. dVentus is notable for its commitment to localized innovations, tailoring its products to meet the specific needs of its clients. The company has also engaged in significant initiatives, such as hosting workshops for African utility leaders and launching pilot programs to test their smart metering technologies. With a focus on improving revenue collection and operational excellence, dVentus is positioned to make a meaningful impact in the energy distribution and renewable energy sectors. The company received funding in the form of a grant in December 2014, which supports its ongoing development and innovation efforts.

19. VP.Start

• Website: vpstart.com
• Ownership type: Private
• Headquarters: Phnom Penh, Phnom Penh, Cambodia
• Employee distribution: Cambodia 100%
• Founded year: 2014
• Headcount: 201-500
• LinkedIn: vpstartechnology

VP.Start Technology, founded in 2014 and based in Phnom Penh, Cambodia, is a private company that specializes in technology solutions with a strong emphasis on smart grid systems, home automation, and cloud services. The company caters to utility companies, municipalities, and consumers, aiming to enhance energy efficiency and improve the overall quality of life. VP.Start has made significant strides in the Cambodian energy sector, providing intelligent solutions that have been implemented across all provinces. Their product offerings include a variety of smart grid systems, such as remote control devices for electrical equipment and management software that allows for real-time monitoring and data collection. The company is also involved in smart city initiatives, leveraging technology to create more efficient urban environments. With a dedicated team of engineers, VP.Start is committed to driving innovation and sustainability in the energy sector, contributing to the modernization of Cambodia's national electricity grid.

20. Esyasoft Holding

• Website: esyasoft.com
• Ownership type: Private
• Headquarters: Dubai, Dubai, United Arab Emirates (UAE)
• Employee distribution: India 84%, United Arab Emirates 14%, Other 2%
• Latest funding: Other (Grant), $7,000, October 2020
• Founded year: 2014
• Headcount: 51-200
• LinkedIn: esyasoft-technologies-pvt-ltd

Esyasoft Holding, founded in 2014 and based in Dubai, UAE, is an energy technology company that specializes in smart grid solutions and analytics. With a workforce of approximately 388 employees, the company primarily serves energy utilities by providing a range of products and services designed to enhance energy efficiency and sustainability. Esyasoft's offerings include a Smart Grid Suite, energy mobility solutions, and a variety of IoT products aimed at modernizing utility operations. The company has successfully connected over 25 million endpoints globally, significantly contributing to carbon emission reductions. Esyasoft has also been recognized by Gartner for its Meter Data Management solutions, highlighting its credibility in the industry. The company received funding in the form of a grant in October 2020, which supports its ongoing projects and innovations in the energy sector.

21. Utilidata

• Website: utilidata.com
• Ownership type: Venture Capital
• Headquarters: Ann Arbor, Michigan, United States (USA)
• Employee distribution: United States (USA) 100%
• Latest funding: Series C, $60.3M, April 2025
• Founded year: 2012
• Headcount: 51-200
• LinkedIn: utilidata-inc-

Utilidata, founded in 2012 and based in Ann Arbor, Michigan, is a technology firm that specializes in artificial intelligence solutions for the electric grid. The company has developed the Karman platform, which integrates AI into existing utility infrastructure, enabling enhanced operational efficiency and reliability. Utilidata's offerings are designed to assist utility providers and energy organizations in making informed decisions through improved grid management. The company has established partnerships with industry leaders such as NVIDIA and Aclara, which bolster its technological capabilities and market presence. Recently, Utilidata secured $60.3 million in Series C funding, indicating strong investor confidence in its innovative approach to energy technology. The firm is actively involved in advancing the smart grid sector by providing tools that facilitate real-time data analysis and decision-making for utilities.

22. Netcontrol Group

• Website: netcontrol.com
• Ownership type: Private Equity
• Headquarters: Helsinki, Uusimaa, Finland
• Employee distribution: Finland 54%, Sweden 29%, Norway 9%, Other 9%
• Latest funding: August 2018
• Founded year: 1991
• Headcount: 51-200
• LinkedIn: netcontrol-oy

Netcontrol Group, founded in 1991 and based in Helsinki, Finland, is a private equity-owned company that specializes in energy solutions. With a workforce of approximately 93 employees, Netcontrol provides a range of products and services tailored for electricity networks. Their offerings include control centers, utility communication systems, and automation services, all designed to enhance the efficiency and security of power utilities and energy operators. The company has a notable presence in several countries, including Sweden, Norway, Latvia, and the UK, where they focus on implementing intelligent grid solutions. Their commitment to research and development ensures that they remain at the forefront of technological advancements in the energy sector. Netcontrol's recent initiatives, such as partnerships for cybersecurity services and the acquisition of an electrical engineering company, further demonstrate their active engagement in the industry.

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