Top 22 Smart Grid Companies in New York

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Top 22 Smart Grid Companies in New York Main

Top 22 Smart Grid Companies in New York

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Top 22 Smart Grid Companies in New York Main
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Smart grid companies in New York are at the forefront of transforming energy management. They develop technologies that enhance the efficiency, reliability, and sustainability of electrical grids, facilitating a more integrated approach to renewable energy. Companies range from those specializing in advanced monitoring systems to those offering software solutions for energy management. This thriving industry not only addresses the challenges of modern energy demands but is also pivotal in combating climate change. The application of smart grid technologies is expected to rise as urban centers seek innovative methods to enhance energy usage and reduce carbon footprints in the coming years.


This list features 22 notable smart grid companies in New York, including both established firms and newer entrants. Ranging from larger organizations like Leviton and Enernet Global to emerging startups such as ThinkLabs AI and David Energy, these companies vary in size and specialize in technologies like energy management systems, renewable integration, and smart metering solutions. Established as early as 1906 and as recently as 2023, this diversity reflects the dynamic nature of the industry within the state.


Continue reading to explore the top smart grid companies in New York.


Top 22 Smart Grid Companies Companies in New York


1. EnergyHub

  • Website: energyhub.com
  • Ownership type: Corporate
  • Headquarters: Brooklyn, New York, United States (USA)
  • Employee distribution: United States (USA) 98%, Other 2%
  • Latest funding: Other (Grant), June 2024
  • Founded year: 2007
  • Headcount: 51-200
  • LinkedIn: energyhub

EnergyHub, founded in 2007 and based in Brooklyn, New York, is an energy management company that specializes in providing solutions for utilities to effectively manage distributed energy resources (DERs). The company offers a comprehensive platform that supports utilities in optimizing their operations and integrating renewable energy sources. EnergyHub's services include demand response and grid services, which help utilities harness flexibility at the grid edge. The company has developed a robust partner ecosystem, collaborating with over 50 utilities to manage various DERs, such as thermostats, electric vehicles, and batteries. Their platform is recognized for its ability to operationalize both utility-owned and customer-owned resources, making it a critical tool for utilities aiming to enhance grid reliability and efficiency. EnergyHub's innovative approach to energy management has garnered attention, including recognition for its contributions to demand flexibility in the energy sector.


2. MICATU, Inc.

  • Website: micatu.com
  • Ownership type: Venture Capital
  • Headquarters: Horseheads, New York, United States (USA)
  • Employee distribution: United States (USA) 100%
  • Latest funding: Other (Debt), $5.0M, March 2021
  • Founded year: 2010
  • Headcount: 11-50
  • LinkedIn: micatu

MICATU, Inc., founded in 2010 and based in Horseheads, New York, is a technology company that specializes in smart grid solutions and optical sensing technology tailored for utility companies. With a workforce of 28 employees, the company has developed a range of products, including the MICATU Platform and various types of sensors designed for overhead, underground, and groundless applications. These products aim to enhance grid management, improve safety, and ensure compliance with regulatory standards. MICATU's optical sensors utilize light to measure voltage and current, providing accurate data without the risks associated with traditional measurement technologies. Their solutions are particularly relevant for utilities facing challenges related to renewable energy integration and power quality management. In March 2021, MICATU secured $5 million in funding, reflecting confidence in their innovative approach and potential for future growth.


3. Genergy

  • Website: genergy.com
  • Ownership type: Private
  • Headquarters: New York, New York, United States (USA)
  • Employee distribution: United States (USA) 83%, Mexico 17%
  • Latest funding: Other (Grant), $88,000, May 2003
  • Founded year: 1985
  • Headcount: 51-200
  • LinkedIn: genergy

Genergy, based in New York, is an energy management company founded in 1985. With a workforce of around 48 employees, the company specializes in AI-powered solutions that facilitate utility management and tenant billing. Genergy's platform is tailored for building and property owners, providing tools to optimize energy consumption, reduce operational costs, and enhance billing efficiency. Their services include centralized management of various utilities such as electricity, gas, water, and steam, allowing property owners to monitor consumption patterns and identify savings opportunities. Genergy's technology not only aids in cost reduction but also supports sustainability efforts by helping users decrease carbon emissions. The company has a notable presence in the market, having managed over 4,000 meters and processed more than a million data points across 100+ buildings. This extensive experience positions Genergy as a relevant player in the energy management sector.


4. Leviton

  • Website: leviton.com
  • Ownership type: Private
  • Headquarters: Melville, New York, United States (USA)
  • Employee distribution: United States (USA) 73%, Mexico 11%, Canada 7%, Other 9%
  • Latest funding: Other (Grant), $1.0M, June 2013
  • Founded year: 1906
  • Headcount: 5001-10000
  • LinkedIn: leviton

Leviton Manufacturing Company, Inc., founded in 1906 and based in Melville, New York, is a prominent manufacturer of electrical wiring equipment. The company offers a wide array of products, including outlets, circuit breakers, and electric vehicle (EV) charging stations. Leviton serves various markets, catering to residential builders, contractors, and consumers who prioritize safety and efficiency in electrical solutions. Their product offerings extend into smart home technologies, featuring smart switches, dimmers, and energy management systems. Additionally, Leviton provides submetering solutions that allow for detailed monitoring of energy usage, which is crucial for optimizing energy consumption in both residential and commercial settings. With a workforce of over 2,400 employees and a strong presence in North America, Leviton continues to innovate in the electrical industry, focusing on sustainability and energy efficiency.


5. APX, Inc

  • Website: apx.com
  • Ownership type: Corporate
  • Headquarters: New York, New York, United States (USA)
  • Employee distribution: United States (USA) 92%, Pakistan 8%
  • Latest funding: March 2022
  • Founded year: 1996
  • Headcount: 51-200
  • LinkedIn: apx-inc

APX, Inc., founded in 1996 and based in New York City, specializes in technology and services for the energy and environmental sectors. The company focuses on renewable energy certificates and carbon offsets, providing solutions that help utilities, power retailers, and corporate energy managers enhance their energy management and sustainability initiatives. APX operates proprietary registries, including the North American Renewables Registry (NAR) and the Tradable Instrument for Global Renewables (TIGR), which facilitate the tracking and trading of renewable energy credits. Their MarketSuite platform offers advanced capabilities for scheduling, settlements, and demand response, supporting over 400 physical resources and managing more than 11,500 MWs of capacity. APX has a strong commitment to innovation and sustainability, aiming to empower clients in their transition to cleaner energy solutions.


6. Genesys Engineering, P.C.


Genesys Engineering, P.C. is an engineering firm based in Pelham, New York, established in 2004. The company specializes in providing energy solutions and consulting services, with a focus on energy efficiency, municipal engineering, and program administration. They cater to a variety of clients, including government agencies, healthcare providers, and educational institutions. Their services include grid optimization, energy planning, and energy design assistance, which are crucial for enhancing operational efficiency and achieving sustainability goals. Genesys Engineering also engages in projects related to smart cities and microgrids, indicating their involvement in the evolving energy landscape. Despite not having reported any funding, their expertise in energy solutions positions them as a knowledgeable player in the industry.


7. NuEnergen, LLC

  • Website: nuenergen.com
  • Ownership type: Private Equity
  • Headquarters: White Plains, New York, United States (USA)
  • Employee distribution: United States (USA) 100%
  • Latest funding: November 2017
  • Founded year: 2007
  • Headcount: 11-50
  • LinkedIn: nuenergen

NuEnergen, LLC, based in White Plains, New York, is an energy consulting firm founded in 2007. With a team of approximately 29 employees, the company specializes in energy management solutions tailored for businesses and organizations across various sectors, including healthcare and cultural institutions. Their service offerings include demand response programs, energy procurement strategies, utility invoice auditing, and smart grid solutions. NuEnergen's proprietary platform, EnerTrac, allows clients to track energy invoices and usage, providing insights that help optimize energy costs. The company has enrolled over 1,800 real-time meter feeds, showcasing its commitment to enhancing energy efficiency and supporting clients in navigating the complexities of energy management. NuEnergen has not reported any recent funding, indicating a stable operational model focused on delivering value to its clients without external financial backing.


8. LS Power

  • Website: lspower.com
  • Ownership type: Corporate
  • Headquarters: New York, New York, United States (USA)
  • Employee distribution: United States (USA) 99%, Other 1%
  • Latest funding: July 2024
  • Founded year: 1990
  • Headcount: 201-500
  • LinkedIn: ls-power

LS Power, founded in 1990, is an energy company based in New York, specializing in power generation, electric transmission, and energy infrastructure. With a workforce of over 500 employees, LS Power has developed, constructed, and managed more than 47,000 megawatts of power generation capacity and 780 miles of transmission infrastructure across North America. The company is committed to advancing clean energy solutions, including a national fleet of utility-scale projects that feature solar, wind, hydro, and battery storage technologies. LS Power also operates platforms like CPower Energy and REV Renewables, focusing on energy efficiency and renewable energy development. Their strategic investments and innovative projects aim to enhance the reliability and affordability of energy while supporting local communities and environmental stewardship.


9. David Energy

  • Website: davidenergy.com
  • Ownership type: Venture Capital
  • Headquarters: New York, New York, United States (USA)
  • Employee distribution: United States (USA) 100%
  • Latest funding: Series A, $23.0M, September 2024
  • Founded year: 2019
  • Headcount: 11-50
  • LinkedIn: david-energy

David Energy, founded in 2019 and based in New York City, is an energy solutions provider dedicated to advancing smart energy technology for both residential and commercial clients. The company specializes in energy management systems, smart battery solutions, and electricity services tailored for electric vehicles. By leveraging innovative technology, David Energy aims to improve energy efficiency and reduce costs for its customers. Their approach addresses the challenges posed by outdated energy infrastructure, striving to create a clean energy grid that is both affordable and reliable. Recently, David Energy secured $23 million in Series A funding, which will support their expansion efforts across the Northeast and Texas, enhancing their capacity to deliver modern energy solutions.


10. ThinkLabs AI, Inc.

  • Website: thinklabs.ai
  • Ownership type: Venture Capital
  • Headquarters: New York, New York, United States (USA)
  • Employee distribution: United States (USA) 80%, Canada 20%
  • Latest funding: Seed, $5.0M, May 2024
  • Founded year: 2023
  • Headcount: 11-50
  • LinkedIn: thinklabs-ai

ThinkLabs AI, Inc. is a technology company based in New York, specializing in artificial intelligence solutions for energy management and infrastructure. Founded in 2023, the company focuses on providing AI digital twins and analytics services to critical industries, particularly in the energy sector. Their innovative approach aims to enhance operational efficiency and sustainability, catering to businesses that require advanced tools for real-time situational awareness and decision-making. ThinkLabs AI's offerings include continuous power flow monitoring, asset utilization reporting, and automated data validation, all designed to support the evolving needs of the electrical grid. With a recent seed funding of $5 million, the company is poised to further develop its capabilities and expand its influence in the energy management landscape.


11. Sidewalk Infrastructure Partners (SIP)

  • Website: sidewalkinfra.com
  • Ownership type: Private Equity
  • Headquarters: Brooklyn, New York, United States (USA)
  • Employee distribution: United States (USA) 100%
  • Latest funding: $400.0M, February 2022
  • Founded year: 2019
  • Headcount: 11-50
  • LinkedIn: sidewalk-infrastructure-partners-sip

Sidewalk Infrastructure Partners (SIP), founded in 2019 and based in Brooklyn, New York, is a private equity firm dedicated to transforming infrastructure through innovative solutions. The company operates platforms such as Cavnue, which focuses on road development, and Resilia, which is designed for electrical grid management. These platforms cater to municipalities and organizations looking to enhance their infrastructure capabilities. SIP's initiatives are centered on addressing contemporary challenges in connectivity and sustainability, making them a significant player in the infrastructure sector. In February 2022, SIP secured $400 million in funding, underscoring investor confidence in their vision and projects. Their work in reimagining electrical grids aligns with the growing demand for smart grid technologies, positioning them as a relevant entity in this field.


12. Qualitrol

  • Website: qualitrolcorp.com
  • Ownership type: Private
  • Headquarters: Fairport, New York, United States (USA)
  • Employee distribution: United States (USA) 41%, United Kingdom (UK) 25%, India 14%, Other 20%
  • Founded year: 1945
  • Headcount: 501-1000
  • LinkedIn: qualitrol

Qualitrol, founded in 1945 and based in Fairport, New York, specializes in monitoring technology for electrical assets. The company focuses on condition monitoring solutions that cater to the electrical generation, transmission, and distribution industries. Their extensive product range includes monitoring devices, software, and field services aimed at preventing equipment failures and enhancing operational efficiency. Qualitrol serves a global clientele, primarily in the electrical and industrial sectors, and has established a reputation for providing reliable monitoring solutions that contribute to the stability of power grids. Their offerings are crucial for utilities and industrials looking to optimize their operations and ensure compliance with safety standards. With a workforce of around 481 employees and a presence in multiple countries, Qualitrol continues to be a significant player in the monitoring technology sector.


13. Brightcore Energy

  • Website: brightcoreenergy.com
  • Ownership type: Private
  • Headquarters: Armonk, New York, United States (USA)
  • Employee distribution: United States (USA) 97%, Sweden 3%
  • Latest funding: $20.0M, August 2021
  • Founded year: 2015
  • Headcount: 51-200
  • LinkedIn: brightcore-energy

Brightcore Energy, founded in 2015 and based in Armonk, New York, is a private company specializing in clean energy solutions. With a workforce of approximately 99 employees, the company provides a variety of services aimed at enhancing energy efficiency and promoting renewable energy. Their portfolio includes solar energy installations, LED lighting upgrades, geothermal heating and cooling systems, and energy storage solutions. Brightcore also focuses on smart buildings and IoT controls, which are essential for integrating renewable energy sources into existing infrastructures. The company has successfully partnered with various sectors, including commercial, industrial, education, healthcare, and municipalities, to help them reduce energy costs and improve sustainability. In 2021, Brightcore secured $20 million in funding, indicating investor confidence in their business model and growth potential. Their approach allows clients to transition to clean energy with no upfront costs, making them a compelling option for organizations looking to enhance their energy performance.


14. SOLO Energy & Electrical

  • Website: soloenergy.com
  • Ownership type: Corporate
  • Headquarters: New York, New York, United States (USA)
  • Employee distribution: United States (USA) 100%
  • Latest funding: August 2020
  • Founded year: 2017
  • Headcount: 11-50
  • LinkedIn: soloenergy

SOLO Energy & Electrical, founded in 2017 and based in New York City, is an energy solutions provider dedicated to enhancing energy efficiency and promoting sustainability. The company specializes in a range of services, including energy assessments, lighting upgrades, and compliance consulting, catering to commercial, healthcare, and residential sectors. SOLO Energy aims to optimize energy usage, reduce operational costs, and ensure long-term sustainability for its clients. Their approach integrates modern technologies, such as IoT and energy storage solutions, to facilitate decarbonization and improve energy management. Although SOLO Energy has not reported any funding, their commitment to innovative energy solutions positions them as a proactive player in the energy efficiency market.


15. Novele

  • Website: novele.com
  • Ownership type: Venture Capital
  • Headquarters: New York, New York, United States (USA)
  • Employee distribution: United States (USA) 89%, Switzerland 11%
  • Latest funding: Seed, November 2023
  • Founded year: 2015
  • Headcount: 11-50
  • LinkedIn: novele

Novele is an energy technology firm based in New York, founded in 2015. The company specializes in innovative energy storage solutions, particularly through its flagship product, the EnergyBoard. This scalable battery system is designed for businesses across various sectors, including real estate and healthcare, aiming to optimize energy management and ensure reliable power. Novele's mission is to redefine energy consumption and management, focusing on sustainability and efficiency. The EnergyBoard not only provides backup power but also integrates with renewable energy sources, allowing businesses to reduce their carbon footprint. With a team of experienced professionals and a robust patent portfolio, Novele is positioned to make a significant impact in the energy sector, particularly in the context of smart grid technology.


16. Ranial Systems

  • Website: ranial.com
  • Ownership type: Private
  • Headquarters: New York, New York, United States (USA)
  • Employee distribution: United States (USA) 84%, India 16%
  • Latest funding: Other (Grant), $249,000, November 2021
  • Founded year: 2014
  • Headcount: 11-50
  • LinkedIn: ranial-systems-inc-

Ranial Systems, founded in 2014 and based in New York, is an IoT solution provider that specializes in cognitive AI and edge computing. The company offers a range of services, including Intelligent Grid Management, which is designed to optimize energy distribution and enhance operational efficiency in the utilities sector. Their solutions leverage real-time data analytics to improve decision-making and streamline processes. Ranial also provides Remote Patient Monitoring services, indicating their involvement in the healthcare sector. With a small team of around 19 employees, the company has received funding, including a grant of approximately $248,900 in late 2021. This funding supports their innovative approach to integrating IoT technologies with traditional industries, particularly in enhancing smart grid operations.


17. Quadlogic Controls Corp.

  • Website: quadlogic.com
  • Ownership type: Private
  • Headquarters: New York, New York, United States (USA)
  • Employee distribution: United States (USA) 92%, Canada 8%
  • Founded year: 1982
  • Headcount: 51-200
  • LinkedIn: quadlogic-controls-corp.

Quadlogic Controls Corp., based in New York, has been operational since 1982, focusing on energy monitoring solutions. The company provides submetering systems tailored for both residential and commercial properties, allowing property owners and managers to monitor and bill energy consumption accurately. Their product lineup includes advanced electric meters like the miniQloset and QBrick, which are designed to integrate seamlessly with existing building management systems. Quadlogic also offers services such as tenant billing and regulatory support, ensuring compliance with energy regulations. Their technology not only aids in energy management but also supports the broader objectives of smart grid development by promoting efficient energy use and facilitating data-driven decision-making.


18. Electro Industries / GaugeTech

  • Website: electroind.com
  • Ownership type: Private
  • Headquarters: Westbury, New York, United States (USA)
  • Employee distribution: United States (USA) 53%, Philippines 19%, Algeria 5%, Other 23%
  • Latest funding: Other (Grant), $190,000, January 2006
  • Founded year: 1975
  • Headcount: 201-500
  • LinkedIn: electro-industries

Electro Industries / GaugeTech, founded in 1975 and based in Westbury, New York, is a private company that specializes in energy management and power quality monitoring solutions. With a workforce of approximately 245 employees, the company has established itself as a key player in the energy sector. Their offerings include a range of products and software applications aimed at helping businesses and organizations improve energy efficiency, manage power quality, and meet sustainability goals. Their clientele spans various industries, including data centers, hospitals, and industrial sectors, all of which rely on Electro Industries' expertise to optimize energy usage. The company has also developed AI-driven solutions, such as the EnergyPQA.com® system, which enhances predictive energy management and power quality monitoring. This focus on innovation and technology underscores their commitment to advancing energy management practices.


19. Karh

  • Website: karh.energy
  • Ownership type: Private
  • Headquarters: New York, New York, United States (USA)
  • Employee distribution: United States (USA) 100%
  • Founded year: 2021
  • Headcount: 11-50
  • LinkedIn: karh

Karh is an energy solutions provider based in New York, founded in 2021. The company specializes in innovative energy distribution and storage technologies, aiming to address the challenges posed by unstable energy supply and aging infrastructure. Karh develops modular energy hubs designed to meet the needs of citizens, businesses, and government entities. Their product offerings include electric vehicle (EV) charging solutions and backup systems to mitigate outages. With a focus on practical, cost-effective, and community-friendly solutions, Karh is positioned to play a significant role in the evolving energy landscape, particularly as the demand for reliable and sustainable energy sources continues to grow.


20. Blueprint Power

  • Website: blueprintpower.com
  • Ownership type: Corporate
  • Headquarters: New York, New York, United States (USA)
  • Employee distribution: United States (USA) 73%, Slovakia 27%
  • Latest funding: October 2021
  • Founded year: 2017
  • Headcount: 51-200
  • LinkedIn: blueprintpower

Blueprint Power, founded in 2017 and based in New York City, is an energy management company dedicated to optimizing energy usage and reducing carbon emissions for building owners. The firm specializes in providing services like Flex Analytics, Flex Optimization, and Flex Monetization, targeting sectors such as commercial real estate, manufacturing, and retail. Their approach combines advanced technology with regulatory knowledge to enhance energy efficiency and sustainability. Blueprint Power's innovative solutions enable building owners to harness flexible energy capacity, which can lead to increased cash flow and improved operational resilience. The company is also involved in addressing the challenges posed by local regulations, such as NYC Local Law 97, which aims to reduce greenhouse gas emissions from buildings. As a bp company, Blueprint Power is positioned to play a significant role in the ongoing energy transition, helping clients navigate the complexities of energy management and market participation.


21. O'Connell Electric Company


O'Connell Electric Company, founded in 1911 and based in Victor, New York, is a private electrical contractor with a workforce of approximately 336 employees. The company specializes in electrical construction, renewable energy solutions, and technical services, catering to a wide range of clients including commercial businesses, educational institutions, and government entities. O'Connell Electric has a significant focus on renewable energy, providing services for both solar and wind projects, which are essential components of modern smart grid systems. Their expertise extends to the construction and maintenance of substations and power lines, critical infrastructure for energy distribution. The company also offers commercial EV charging solutions, reflecting their commitment to supporting the transition to electric vehicles. With a history of over a century in the industry, O'Connell Electric has built a reputation for safety and reliability, making them a notable player in the electrical contracting field.


22. Enernet Global

  • Website: enernetglobal.com
  • Ownership type: Venture Capital
  • Headquarters: New York, New York, United States (USA)
  • Latest funding: Series A, $8.0M, October 2020
  • Founded year: 2015
  • Headcount: 11-50
  • LinkedIn: enernet-llc

Enernet Global, founded in 2015 and based in New York, is an energy service company that specializes in renewable energy solutions and microgrid development. The company focuses on providing fully-financed energy systems tailored to the needs of businesses and organizations, aiming to reduce energy costs while promoting sustainability. Enernet Global has established a significant presence in various regions, including Australia, the Philippines, the Caribbean, and sub-Saharan Africa. They have secured substantial funding, with their last round raising $8 million in October 2020, which supports their ambitious projects. Enernet's mission is to decarbonize the world's supply chains by developing, financing, building, and operating microgrids that benefit companies, communities, and investors alike. Their solutions integrate multiple generation sources, battery storage, and advanced control systems, making them a notable player in the energy sector.



Smart Grid Companies Insights: Key Companies in New York


CompanyHeadquarterSizeFoundedOwnership
EnergyHubBrooklyn, New York, United States (USA)51-2002007Corporate
MICATU, Inc.Horseheads, New York, United States (USA)11-502010Venture Capital
GenergyNew York, New York, United States (USA)51-2001985Private
LevitonMelville, New York, United States (USA)5001-100001906Private
APX, IncNew York, New York, United States (USA)51-2001996Corporate
Genesys Engineering, P.C.Pelham, New York, United States (USA)11-502004Private
NuEnergen, LLCWhite Plains, New York, United States (USA)11-502007Private Equity
LS PowerNew York, New York, United States (USA)201-5001990Corporate
David EnergyNew York, New York, United States (USA)11-502019Venture Capital
ThinkLabs AI, Inc.New York, New York, United States (USA)11-502023Venture Capital
Sidewalk Infrastructure Partners (SIP)Brooklyn, New York, United States (USA)11-502019Private Equity
QualitrolFairport, New York, United States (USA)501-10001945Private
Brightcore EnergyArmonk, New York, United States (USA)51-2002015Private
SOLO Energy & ElectricalNew York, New York, United States (USA)11-502017Corporate
NoveleNew York, New York, United States (USA)11-502015Venture Capital
Ranial SystemsNew York, New York, United States (USA)11-502014Private
Quadlogic Controls Corp.New York, New York, United States (USA)51-2001982Private
Electro Industries / GaugeTechWestbury, New York, United States (USA)201-5001975Private
KarhNew York, New York, United States (USA)11-502021Private
Blueprint PowerNew York, New York, United States (USA)51-2002017Corporate
O'Connell Electric CompanyVictor, New York, United States (USA)501-10001911Private
Enernet GlobalNew York, New York, United States (USA)11-502015Venture Capital


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