Smart grid companies in North Carolina are at the forefront of transforming energy management through technology and innovation. They focus on enhancing the efficiency, reliability, and sustainability of electrical networks. Companies involved offer solutions like microgrids, energy storage, and electric vehicle management systems, catering to both utilities and end-users. With energy demands evolving, particularly towards renewable sources, the industry is anticipated to grow alongside advancements in technology, making power distribution smarter and more efficient. Interestingly, North Carolina ranks highly in solar energy production, which further propels the state’s smart grid developments.

The following companies represent a significant cluster in North Carolina’s smart grid industry, ranging from startups to established players. They vary in size, with workforces from 11 to over 5,000 employees, and were founded between 1959 and 2022. Headquartered in cities like Raleigh, Charlotte, and Durham, these firms specialize in services such as energy management, cybersecurity, and solar integration, reflecting an active response to modern energy challenges and opportunities.

Continue reading to explore the top smart grid companies in North Carolina.

Top 24 Smart Grid Companies Companies in North Carolina

1. 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 it a significant player in the transition towards smarter energy systems.

2. Quanta Technology, LLC

• Website: quanta-technology.com
• Ownership type: Private
• Headquarters: Raleigh, North Carolina, United States (USA)
• Employee distribution: United States (USA) 80%, Canada 19%, Other 2%
• Founded year: 2006
• Headcount: 201-500
• LinkedIn: quanta-technology

Quanta Technology, LLC, based in Raleigh, North Carolina, is a consulting firm that provides specialized services to the utility infrastructure and energy industries. Founded in 2006, the company has built a reputation for delivering expert solutions to complex challenges faced by clients in the electric power sector. Their offerings include asset management, compliance, digital transformation, and technology integration, which are essential for utilities adapting to the demands of a modern energy landscape. Quanta Technology also addresses critical issues such as cybersecurity, wildfire risk management, and the integration of renewable energy sources. With a team of experienced professionals, the firm combines technical expertise with practical solutions, helping clients navigate regulatory requirements and optimize their operations. Quanta Technology's commitment to innovation and efficiency positions them as a valuable partner for utilities and energy companies looking to enhance their infrastructure and service delivery.

3. GridBridge, Inc.

• Website: grid-bridge.com
• Ownership type: Venture Capital
• Headquarters: Raleigh, North Carolina, United States (USA)
• Employee distribution: United States (USA) 100%
• Latest funding: Series A, November 2014
• Founded year: 2012
• Headcount: 1001-5000
• LinkedIn: gridbridge-inc

GridBridge, Inc., founded in 2012 and based in Raleigh, North Carolina, is an energy solutions provider dedicated to enhancing the performance of electric utilities. The company specializes in innovative power delivery solutions that address the challenges faced by modern electrical distribution networks. With a focus on managing distributed energy resources, GridBridge employs advanced technology and engineering services to help utilities meet increasing energy demands. Their product offerings include power electronics-based solutions that facilitate the integration of renewable energy sources, such as solar and battery storage, into the grid. GridBridge operates under the umbrella of ERMCO, which supports their manufacturing and technical capabilities. The company has a proven track record of delivering complex technical solutions, demonstrating their commitment to improving the operational efficiency of electric utilities globally.

4. UtilityInnovation Group

• Website: utilityinnovation.com
• Ownership type: Private
• Headquarters: Raleigh, North Carolina, United States (USA)
• Employee distribution: United States (USA) 88%, Ireland 12%
• Latest funding: November 2024
• Founded year: 2020
• Headcount: 51-200
• LinkedIn: utilityinnovation

UtilityInnovation Group, based in Raleigh, North Carolina, is an energy solutions provider that specializes in advanced energy systems and infrastructure development. Founded in 2020, the company aims to assist electric utilities and large energy users in navigating the complexities of decarbonization and ensuring grid reliability. Their offerings include microgrid solutions, cybersecurity services, and engineering support, all designed to enhance the resilience and sustainability of the electric grid. The company has a strong team with extensive experience in utility protection, controls engineering, and energy finance, which positions them well to influence the growth of advanced energy systems globally. Recently, UtilityInnovation Group established a European headquarters in Dublin, following the acquisition of an Irish energy advisory firm, indicating their commitment to expanding their impact in the energy sector. They are actively involved in shaping the future of electric grid infrastructure, focusing on the pressing needs of decarbonization and resilience.

5. Sandhills Utility Services, LLC

• Website: sandhillsutility.com
• Ownership type: Private
• Headquarters: Fort Liberty, North Carolina, United States (USA)
• Employee distribution: United States (USA) 100%
• Founded year: 2003
• Headcount: 11-50
• LinkedIn: sandhills-utility-services-llc

Sandhills Utility Services, LLC, founded in 2003 and based in Fort Liberty, North Carolina, is a private utility service provider dedicated to electrical distribution and maintenance for military installations. With a workforce of approximately 43 employees, the company operates under a privatization contract, managing the electrical distribution system at Fort Liberty. Their services include utility privatization, engineering, and energy management, aimed at ensuring a reliable power supply for military personnel and their families. Sandhills Utility has been proactive in adopting smart grid technology since 2004, implementing distribution automation systems that allow for real-time monitoring and coordination of electrical components. They focus on energy security and sustainability, collecting energy usage data to promote efficiency and support clean energy initiatives. Their capabilities extend to maintaining emergency generators and advanced metering systems, which are integral to their smart grid strategy.

6. Aderis Energy, LLC

• Website: aderisenergy.com
• Ownership type: Private
• Headquarters: Cornelius, North Carolina, United States (USA)
• Employee distribution: United States (USA) 100%
• Founded year: 2015
• Headcount: 11-50
• LinkedIn: solar-ops

Aderis Energy, LLC, founded in 2015 and based in Cornelius, North Carolina, is a technology firm focused on renewable energy solutions. The company offers a range of products and services, including energy management systems, monitoring solutions, and interconnection services. Aderis Energy primarily serves clients in the renewable energy sector, helping them efficiently manage their energy assets. Their software-as-a-service (SaaS) model provides integrated solutions that enhance operational efficiency. Aderis Energy has deployed solutions supporting over 2.5 gigawatts of renewable energy generation and 400 megawatt-hours of storage across various markets in the United States. Their innovative approach includes patented technologies, such as inrush mitigation solutions, which address specific challenges in the deployment and operation of renewable energy projects.

7. Microgrid Knowledge

• Website: microgridknowledge.com
• Ownership type: Corporate
• Headquarters: Charlotte, North Carolina, United States (USA)
• Employee distribution: United States (USA) 100%
• Latest funding: May 2022
• Founded year: 1987
• Headcount: 11-50
• LinkedIn: mcgary-and-associates

Microgrid Knowledge, based in Charlotte, North Carolina, is an energy consulting firm established in 1987. The company specializes in microgrid technologies and solutions, providing essential resources for utility professionals and organizations within the energy sector. Their offerings include webinars, white papers, and newsletters that help stakeholders understand and implement energy resilience and sustainability strategies. By focusing on microgrid solutions, Microgrid Knowledge plays a pivotal role in educating the industry about the benefits and complexities of integrating these systems into the broader energy framework. Their work supports the transition towards more resilient and sustainable energy systems, making them a notable entity in the smart grid space.

8. Power Analytics Corporation

• Website: poweranalytics.com
• Ownership type: Corporate
• Headquarters: Raleigh, North Carolina, United States (USA)
• Employee distribution: United States (USA) 100%
• Latest funding: April 2019
• Founded year: 1983
• Headcount: 11-50
• LinkedIn: power-analytics-corporation

Power Analytics Corporation, based in Raleigh, North Carolina, is a technology solutions provider founded in 1983. The company specializes in data analytics, cybersecurity, and power system optimization, offering a range of software products and consulting services. Their solutions are designed to enhance operational efficiency and protect critical infrastructure for various clients, including enterprises and government entities. Power Analytics has developed a suite of products, such as the PowerPulse Product Suite and Paladin® Asset Optimization™, which are tailored to meet the needs of the energy sector. Their focus on real-time data access and advanced analytics positions them as a significant player in the smart grid industry, where the integration of technology and data is essential for optimizing energy management and improving system reliability.

9. Driivz

• Website: driivz.com
• Ownership type: Corporate
• Headquarters: Raleigh, North Carolina, United States (USA)
• Employee distribution: Israel 86%, United States (USA) 9%, France 3%, Other 3%
• Latest funding: Other (Grant), $100,000, June 2022
• Founded year: 2013
• Headcount: 51-200
• LinkedIn: driivz

Driivz, founded in 2013 and based in Raleigh, North Carolina, specializes in electric vehicle charging management solutions. The company provides a cloud-based platform designed to assist utilities, automotive manufacturers, and charge point operators in optimizing their EV charging networks. Their services include energy management tools, billing solutions, and self-service portals, all aimed at enhancing operational efficiency and customer satisfaction. Driivz has a significant presence in the EV charging market, with deployments in over 30 countries and partnerships with notable companies like EVgo and Circle K. The company has also received funding, including a grant in June 2022, which supports its ongoing development and expansion in the electric mobility sector.

10. LS Energy Solutions LLC

• Website: ls-es.com
• Ownership type: Private
• Headquarters: Charlotte, North Carolina, United States (USA)
• Employee distribution: United States (USA) 100%
• Founded year: 2008
• Headcount: 11-50
• LinkedIn: ls-energy-solutions

LS Energy Solutions LLC, based in Charlotte, North Carolina, is a private company founded in 2008 that specializes in energy storage solutions. The firm has made a name for itself by providing advanced energy management systems and aftermarket services tailored for utilities and energy producers. Their flagship products, AiON-ESS and AiON-SIS, are designed to integrate various energy storage technologies, enhancing grid stability and optimizing energy usage. With a portfolio that includes over 1.5 GW of installed energy storage systems and more than 300 projects deployed across six continents, LS Energy Solutions has established itself as a significant player in the energy storage market. The company is committed to safety, reliability, and innovation, boasting a strong track record of incident-free operations and a wide array of integrated storage technologies. Their focus on modular solutions allows for scalability and adaptability in energy storage applications, making them a valuable partner for energy management in the evolving landscape of smart grids.

11. Atom Power, Inc.

• Website: atompower.com
• Ownership type: Corporate
• Headquarters: Huntersville, North Carolina, United States (USA)
• Employee distribution: United States (USA) 100%
• Latest funding: $150.0M, August 2022
• Founded year: 2014
• Headcount: 51-200
• LinkedIn: atom-power-inc

Atom Power, Inc., founded in 2014 and based in Huntersville, North Carolina, is a technology company that specializes in electric vehicle charging solutions and energy management systems. The company offers a range of products, including Level 2 chargers, DC fast chargers, and solid-state circuit breakers. Atom Power's innovative approach focuses on enhancing energy distribution and management, ensuring safety and efficiency across various applications. Their solid-state circuit breaker technology represents a significant advancement over traditional mechanical devices, providing intelligent protection and control. Atom Power's solutions cater to businesses, governments, and organizations, enabling them to manage their EV charging portfolios effectively. The company has received substantial funding, with a notable amount of $150 million in 2022, reflecting its growth potential and commitment to transforming energy management.

12. National Power

• Website: natpow.com
• Ownership type: Private
• Headquarters: Raleigh, North Carolina, United States (USA)
• Employee distribution: United States (USA) 100%
• Founded year: 1985
• Headcount: 51-200
• LinkedIn: national-power

National Power, based in Raleigh, North Carolina, is a private service company founded in 1985. With a workforce of approximately 300 employees, the company specializes in critical power and infrastructure solutions. They cater to mission-critical customers across various sectors, including telecommunications, healthcare, and military, ensuring that operations remain uninterrupted. Their service offerings include standby power systems, energy storage solutions, microgrids, and disaster recovery services. National Power is committed to enhancing the reliability and resilience of power systems, which is crucial for industries that depend on continuous operation. They have also been active in discussions around EV charging infrastructure and have participated in industry conferences, indicating their engagement with current trends in energy and power management.

13. Digitalgrid, INC.

• Website: digitalgridinc.com
• Ownership type: Private
• Headquarters: Raleigh, North Carolina, United States (USA)
• Employee distribution: United States (USA) 100%
• Founded year: 2002
• Headcount: 11-50
• LinkedIn: digitalgrid-inc

Digitalgrid, INC., based in Raleigh, North Carolina, is a private technology solutions provider founded in 2002. The company specializes in control and monitoring systems tailored for electric utilities, focusing on secondary underground distribution networks. Their product offerings include Network Protector Master Relays and a variety of sensors designed to enhance the safety and reliability of underground electric distribution systems. Digitalgrid's solutions are aimed at helping electric utilities in the U.S. and Canada modernize their operations and improve network resiliency. The company has established a significant presence in the industry, with their technology reportedly installed in over 65% of secondary underground distribution network transformers across North America. Digitalgrid is committed to innovation, having been awarded more than 20 patents for advancements in communications electronics for secondary underground networks.

14. Solar Operations Solutions, LLC

• Website: solar-ops.com
• Ownership type: Private
• Headquarters: Cornelius, North Carolina, United States (USA)
• Founded year: 2015
• Headcount: 11-50
• LinkedIn: solar-ops

Solar Operations Solutions, LLC, now known as Aderis Energy, was founded in 2015 and is based in Cornelius, North Carolina. The company focuses on renewable energy solutions, offering a range of products and services that include energy management systems, monitoring and control solutions, and interconnection services. Aderis Energy serves a variety of clients, including renewable energy developers and utility companies, helping them optimize their energy assets and enhance operational efficiency. Their technology portfolio features the Acuity platform, which integrates monitoring and control functionalities, and the FOCUS asset management system, both of which are crucial for managing renewable energy resources effectively. Aderis Energy has successfully deployed solutions across more than 2.5 gigawatts of solar generation and 400 megawatt-hours of storage, demonstrating their active role in the renewable energy sector. The company operates primarily within the United States, addressing the challenges faced by the industry and providing innovative solutions to facilitate the transition to cleaner energy sources.

15. Renewable Energy Integration Group

• Website: reig-us.com
• Ownership type: Private
• Headquarters: Charlotte, North Carolina, United States (USA)
• Employee distribution: United States (USA) 100%
• Founded year: 2016
• Headcount: 11-50
• LinkedIn: renergyware

Renewable Energy Integration Group (REIG), founded in 2016 and based in Charlotte, North Carolina, is a private company dedicated to solar energy management and integration. With a team of around 20 professionals, REIG focuses on providing tailored hardware and software solutions to optimize solar energy systems for businesses. Their flagship products, RenergyWare hardware and Revolution IoT software, are designed to simplify the complexities of solar data management. The company offers a comprehensive suite of services, including consultation, installation, and maintenance, ensuring that solar projects operate efficiently and effectively. REIG's commitment to innovation and customer satisfaction positions them as a notable player in the renewable energy sector, particularly in the context of smart grid technology.

16. Pine Gate Renewables

• Website: pinegaterenewables.com
• Ownership type: Private Equity
• Headquarters: Asheville, North Carolina, United States (USA)
• Employee distribution: United States (USA) 100%
• Latest funding: $150.0M, January 2024
• Founded year: 2016
• Headcount: 201-500
• LinkedIn: pine-gate-renewables

Pine Gate Renewables, founded in 2016 and based in Asheville, North Carolina, is a private equity-backed company specializing in the development and operation of utility-scale solar and energy storage projects across the United States. With a workforce of approximately 283 employees, the company has established a significant presence in the renewable energy sector. Pine Gate has successfully closed over $7 billion in project financing and capital investment, showcasing its capability in managing large-scale energy projects. Their operational portfolio includes more than 100 solar facilities, contributing over 2 gigawatts (GW) of installed capacity. Additionally, Pine Gate has a robust development pipeline with over 30 GW of projects in various stages of development. The company actively collaborates with businesses, universities, and municipalities to provide clean energy solutions, emphasizing their commitment to sustainability and the energy transition.

17. DG Matrix

• Website: dgmatrix.com
• Ownership type: Private Equity
• Headquarters: Raleigh, North Carolina, United States (USA)
• Employee distribution: United States (USA) 100%
• Latest funding: Seed, $20.0M, March 2025
• Founded year: 2022
• Headcount: 51-200
• LinkedIn: dgmatrix

DG Matrix, founded in 2022 and based in Raleigh, North Carolina, is a technology company that specializes in electric vehicle charging solutions and microgrid technology. The company provides L3 DC fast EV chargers, which are crucial for supporting the increasing number of electric vehicles on the road. Additionally, DG Matrix offers comprehensive microgrid solutions that help businesses and organizations manage energy more sustainably and efficiently. With a focus on addressing the growing demand for EV infrastructure and sustainable energy management, DG Matrix is actively contributing to the evolution of energy systems. The company has recently secured $20 million in seed funding, indicating investor confidence in its potential to impact the industry.

18. FlexGen

• Website: flexgen.com
• Ownership type: Corporate
• Headquarters: Durham, North Carolina, United States (USA)
• Employee distribution: United States (USA) 97%, Other 3%
• Latest funding: Other (Debt), $75.0M, January 2025
• Founded year: 2009
• Headcount: 201-500
• LinkedIn: flexgen

FlexGen, founded in 2009 and based in Durham, North Carolina, is an energy technology company that specializes in energy storage solutions and management software. The company provides innovative services to independent power producers, utilities, and municipalities, helping them optimize energy management and integrate renewable energy sources. FlexGen's flagship product, the HybridOS energy management system, is designed to control battery assets and enhance operational reliability. With over 100 completed energy storage projects and a total installed capacity of 6 GWh, FlexGen has established itself as a significant player in the energy storage market. The company recently secured $75 million in funding, indicating strong investor confidence in its growth potential and technological advancements. FlexGen's lifecycle services further ensure the longevity and performance of energy storage assets, making it a vital partner in the transition to a more sustainable energy future.

19. Cinterra

• Website: cinterra.com
• Ownership type: Private
• Headquarters: Hope Mills, North Carolina, United States (USA)
• Employee distribution: United States (USA) 100%
• Founded year: 2005
• Headcount: 201-500
• LinkedIn: directional-services-inc

Cinterra, based in Hope Mills, North Carolina, is a private renewable energy contractor established in 2005. The company specializes in utility-scale solar projects, energy storage systems, and renewable natural gas solutions. With a workforce of around 180 employees, Cinterra has built a reputation for providing comprehensive construction and maintenance services tailored to the needs of electric utility companies, municipalities, and engineering, procurement, and construction (EPC) partners. Over its 20 years of experience, Cinterra has successfully completed numerous projects, contributing significantly to the clean energy transition across North America. Their operations include not only the construction of renewable energy facilities but also the installation of electrical infrastructure, such as substations and utility interconnects, which are vital for integrating renewable energy into the grid. Cinterra's commitment to quality and sustainability is evident in their project management practices and their focus on safety protocols, ensuring that they meet the challenges of complex energy projects effectively.

20. Applied Power Technologies, Inc.

• Website: apt4power.com
• Ownership type: Private
• Headquarters: Charlotte, North Carolina, United States (USA)
• Employee distribution: United States (USA) 100%
• Founded year: 1994
• Headcount: 11-50
• LinkedIn: applied-power-technologies-inc-

Applied Power Technologies, Inc. (APT), founded in 1994 and based in Charlotte, North Carolina, is a private company that specializes in energy management and electrical power monitoring solutions. With a team of around 20 employees, APT provides a range of services including consulting, system upgrades, and maintenance for Electrical Power Monitoring Systems (EPMS). Their clientele spans various sectors, including corporate, educational, and governmental organizations, all seeking to enhance energy efficiency and reliability in their operations. APT's commitment to customer-centric solutions and their vendor-independent stance allows them to recommend the best options tailored to their clients' needs. They focus on empowering clients to control their electrical power, energy consumption, and costs, making them a significant player in the energy management industry.

21. Direct Services Group (DSG)

• Website: dsgroupholdings.com
• Ownership type: Private
• Headquarters: Gastonia, North Carolina, United States (USA)
• Employee distribution: United States (USA) 100%
• Founded year: 1994
• Headcount: 51-200
• LinkedIn: dsgroupholdings

Direct Services Group (DSG), based in Gastonia, North Carolina, has been operational since 1994. The company specializes in critical power, connectivity, and renewable energy solutions. DSG offers a range of services that include DC power systems, solar energy solutions, and telecommunications services. Their clientele spans various sectors, including telecommunications, healthcare, and utilities, all of which rely on DSG for dependable energy and connectivity. The company operates through three main divisions: Direct Power, which focuses on DC power and networking solutions; Direct Solar, which provides comprehensive solar and energy storage services; and Direct Tower, which specializes in tower management and maintenance. DSG's commitment to innovation and customer satisfaction is evident in their approach to project management and service delivery, ensuring that they meet the critical needs of their clients in an evolving energy landscape.

22. Robert W. Chapman & Co.

• Website: rwchapman.com
• Ownership type: Private
• Headquarters: Charlotte, North Carolina, United States (USA)
• Employee distribution: United States (USA) 100%
• Founded year: 1959
• Headcount: 11-50
• LinkedIn: robert-w-chapman-%26-co

Robert W. Chapman & Co. is a manufacturer's representative based in Charlotte, North Carolina, established in 1959. The company specializes in electrical equipment and services, focusing on solutions for electrical utility transmission and distribution, engineered solutions, and DC power equipment. They serve a variety of clients, including commercial and industrial sectors such as hospitals, data centers, and power plants. Their expertise lies in providing reliable electrical infrastructure and consulting services, which are crucial for the functioning of modern energy systems. The company operates as an Employee Stock Ownership Plan (ESOP), ensuring that its employees have a stake in the business, which can enhance commitment and service quality. They also conduct training sessions, such as their 'Battery 101' program, to educate clients on critical aspects of electrical systems, further demonstrating their engagement in the industry.

23. Lee Electrical Construction, LLC

• Website: lee-electrical.com
• Ownership type: Private
• Headquarters: Aberdeen, North Carolina, United States (USA)
• Employee distribution: United States (USA) 100%
• Founded year: 1988
• Headcount: 501-1000
• LinkedIn: lee-electrical-construction-llc

Lee Electrical Construction, LLC, founded in 1988, is a utility contractor based in Aberdeen, North Carolina. The company specializes in the construction and maintenance of electrical infrastructure, serving a variety of clients including investor-owned utilities, electric cooperatives, municipalities, and industrial entities. Their service offerings include substation construction, transmission and distribution services, emergency restoration, and renewable energy solutions, particularly in the installation of high voltage solar farms. With a commitment to safety and quality, Lee Electrical has built a reputation for reliability in the southeastern United States. The company operates a state-of-the-art safety and training facility, emphasizing the importance of a skilled workforce in delivering their services. In 2020, Lee Electrical was acquired by Quanta Services, Inc., which has further expanded its capabilities in the energy sector.

24. Equagen, an Inc 5000 Company

• Website: equagen.com
• Ownership type: Private
• Headquarters: Raleigh, North Carolina, United States (USA)
• Employee distribution: United States (USA) 62%, Nepal 38%
• Founded year: 2018
• Headcount: 51-200
• LinkedIn: equagen-engineeing

Equagen, founded in 2018 and based in Raleigh, North Carolina, is an engineering firm that specializes in providing innovative solutions within the power sector. With a workforce of approximately 55 employees, the company offers a range of services that include engineering, manufacturing, and consulting for transmission, distribution, and renewable energy projects. Their clientele primarily consists of businesses and organizations in the energy industry, all seeking to enhance their infrastructure and operational efficiency. Equagen is committed to quality and sustainable engineering practices, which is evident in their focus on eco-friendly solutions and energy efficiency. The firm has been recognized for its rapid growth, ranking #6 in the Engineering Sector on the 2023 Inc. 5000 list of fastest-growing private companies in America. As a certified Minority-owned Business Enterprise (MBE), Equagen aims to strengthen communities and infrastructure through its engineering services, which are crucial for the development of smart grid technologies.

Smart Grid Companies Insights: Key Companies in North Carolina

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