Energy CX
Energy CX is a Chicago-based energy brokerage serving commercial real estate owners and operators through data-driven energy procurement, utility management, and sustainability services across more than 2 billion square feet in the U.S.
- Company typePrivate
- Founded2010
- HeadquartersChicago, United States
- Headcount51–100
- GTM typeB2B
- OfferingServices
What Energy CX does
Energy CX is a Chicago-based energy brokerage founded in 2005 that serves commercial real estate owners and operators, along with adjacent verticals such as hospitality, restaurants, and student housing. The company's core service is energy procurement across deregulated U.S. markets, in which it acts as an intermediary between commercial clients and energy suppliers, earning transaction commissions on contracts facilitated. It supplements procurement with utility account management, ongoing budget and performance reporting, and a sustainability offering that spans Renewable Energy Credits (RECs), Power Purchase Agreements (PPAs), carbon offsets, and EV and solar advisory. Energy CX is headquartered at 600 W Chicago Ave and is planning a second regional office in New York City for late 2026 to extend its footprint into the Northeast.
The company's product surface is anchored by ABEL™ (Analytics-based Energy Logic), a proprietary data and analytics platform that continuously tracks market changes to inform purchasing timing, supplier selection, and risk management. ABEL™ is paired with a customer portal and a partner portal for self-service account management, plus a public website featuring content marketing and market insights. The company holds 100% nationwide licensing, ranks in the top 1% of brokers by volume, and serves more than 1,000 organizations across over 2 billion square feet of managed real estate.
Energy CX generates revenue primarily through commission fees paid by energy suppliers on contracts placed for clients, with multi-year contract cadences and reported customer renewal rates above 95%. Go-to-market combines enterprise field sales targeting large multi-site commercial clients, an inside sales team for mid-market accounts, and channel partnerships with real estate firms and hospitality groups (including Sterling Bay and IHG Owners). The company employs 51–100 people, expanded its workforce by over 49% in 2025 following a 78% increase in 2023, and reported 86% year-over-year revenue growth in Q1 2024. Leadership was restructured in April 2025 with the appointment of Miles Rice and Scott Hammes as Co-CEOs, with founder Nathan Rice serving as President of Energy Strategy. The company is privately held with no disclosed institutional funding rounds beyond a $1.85M transaction recorded in March 2025.
Energy CX firmographics
Firmographics- Name
- Energy CX
- Legal name
- Energy CX
- Website
- https://energycx.com
- Company type
- Private
- Founded year
- 2010
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- Energy CX is a Chicago-based energy brokerage serving commercial real estate owners and operators through data-driven energy procurement, utility management, and sustainability services across more than 2 billion square feet in the U.S.
- Ownership category
- akta.pro rank
Energy CX industry classification
Industry- Product category
- Energy Procurement Services
- akta.pro primary industry
- C&I Multi-Site & Cross-Border Supply (Portfolio/Meter Management) (EUAGACAK)
- akta.pro secondary industry
- Risk Reporting & Performance Management (BI, KPIs, Attribution) (EUAGAJAL)
Keywords
Where Energy CX is headquartered
LocationHeadquarters
- HQ city
- Chicago
- HQ country
- United States
- HQ region
- North America
Offices2 records
Markets served
Energy CX business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Marketing or Sales, Technology or R&D, Operations, Others
Revenue model
- Energy Procurement Brokerage: Energy CX acts as an energy broker, earning commissions from energy suppliers for facilitating energy purchasing contracts for commercial clients. The company helps clients save on energy costs through data-driven procurement strategies.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Multi-year contract | Commission-based brokerage model - no direct pricing to end customers |
Go-to-market motion3 records
Distribution channels4 records
Marketing channels6 records
Energy CX product offering
Product offeringCore offering
Energy CX is a commercial energy brokerage that helps businesses buy energy through data-driven procurement, ongoing contract management, utility administration, and sustainability strategy. The company earns commissions from energy suppliers for facilitating energy purchasing contracts across deregulated U.S. markets, supported by its proprietary ABEL™ analytics platform.
Product overview
Energy CX operates as a cloud-based energy brokerage and management SaaS platform offering a proprietary technology layer called ABEL™ that powers data-driven energy purchasing decisions. The platform architecture consists of core procurement services (Energy Purchasing, Ongoing Management) augmented by supporting modules (Utility Services, Sustainability) and customer-facing portals (Customer Portal, Partner Portal). The unified platform is designed for commercial real estate owners and operators to buy energy smarter through data, strategy, and expert support.
Differentiator
Problem solved
Functional benefit
Brands
- ABEL™: Proprietary data and analytics platform that powers informed energy purchasing decisions.
Products and services
- Energy Purchasing
Quantifiable outcome
- 20% average savings on utility expenses
- +4 more outcomes
Companies that use Energy CX
Customer profileNamed customers4 records
Segments3 records
Ideal customer profiles3 records
Energy CX technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature1 record
Energy CX partnerships and signals
Strategic signalPartnerships
Seven partnerships are on record, tiered core and minor.
- One Tree PlantedcoreNon-profit reforestation partnership where Energy CX plants one tree for each new customer in regions affected by deforestation, wildfires, and environmental challenges. Demonstrates corporate responsibility and commitment to sustainability. To date, over 1,350 trees have been planted.
- TEPAminorIndustry partnership and membership in energy trading and procurement association for industry networking and best practices.
- IHG OwnerscorePartnership with InterContinental Hotels Group owners for energy procurement services to hotel properties.
- GRESBminorPartnership for Global Real Estate Sustainability Benchmark assessments to help clients with ESG reporting and sustainability certifications.
- IREMminorInstitute of Real Estate Management partnership for industry standards and professional development.
- CEBAminorChicago Energy Brokers Association membership for industry networking and compliance.
- Sterling BaycoreStrategic partnership with Sterling Bay, a major Chicago-based commercial real estate developer, for energy procurement services across their portfolio of properties.
Scale indicators12 records
Recent moves7 records
Expansion highlights6 records
Energy CX competitors and assessment
Company assessmentBroad incumbents
- Direct Energy: One of North America's largest retail electricity and natural gas providers serving residential, commercial, and industrial customers. Compares as a broad incumbent offering procurement and supply across deregulated markets, though it operates at much greater scale and across more customer segments than Energy CX.
- Constellation Energy: Largest U.S. competitive electricity supplier serving C&I customers with energy procurement, risk management, and sustainability solutions. Directly comparable in serving large energy users with multi-site procurement needs, but operates as a generation-backed retailer rather than a pure broker.
- ENGIE Resources: U.S. arm of global energy major ENGIE supplying electricity, natural gas, and renewable solutions to commercial and industrial buyers. Overlaps with Energy CX on multi-site C&I procurement, sustainability (PPAs, RECs), and energy advisory, but at much broader geographic and product scope.
- Shell Energy: Shell's North American commercial energy supply and trading business serving large energy users with power, gas, and environmental products. Compares as an incumbent supplier competing in C&I energy procurement markets that Energy CX also targets.
Direct peers
- U.S. Energy: Commercial energy broker and supplier offering procurement, market intelligence, and risk management to multi-site business customers. Closely comparable to Energy CX in business model, target customer (multi-site C&I), and reliance on commission-based supplier relationships.
- Competitive Energy Services: Independent commercial energy broker procuring electricity and natural gas for businesses across deregulated U.S. markets. Directly comparable to Energy CX in broker-led service model, multi-site commercial focus, and advisor-style customer engagement.
- EnergySage: Online marketplace and comparison platform for rooftop solar, energy storage, and community solar. Comparable as a data-driven energy procurement and adoption platform serving commercial customers, though more retail/solar focused and less concentrated in multi-site CRE procurement.
- Diversegy: Commercial energy management and brokerage firm offering procurement, sustainability, and utility management to businesses across deregulated states. Closely comparable to Energy CX as a tech-enabled commercial energy broker with similar product breadth.
- APG&E: Retail electricity provider serving commercial and industrial customers in deregulated U.S. markets with procurement and budget-management solutions. Comparable business model to Energy CX — supplier-commission based, multi-site C&I focus, and emphasis on long-term contract savings.
Emerging players
- Voltus: Technology platform connecting commercial building operators with demand response, energy storage, and grid flexibility revenues. Adjacent peer to Energy CX in serving commercial real estate customers with energy economics and DER monetization — overlap in client base more than in core service.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key highlights7 records
Customer concentration
Energy CX social profiles
Digital presenceEnergy CX financial estimates
Financial estimateRevenue estimate
Valuation estimate
Energy CX leadership team
Management profileNumber of profiles
Profiles7 records
Energy CX funding detail
Funding detailFunding overview
Funding rounds1 record
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Energy CX M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Energy CX
What does Energy CX do?
Energy CX is a commercial energy brokerage that helps businesses buy energy through data-driven procurement, ongoing contract management, utility administration, and sustainability strategy. The company earns commissions from energy suppliers for facilitating energy purchasing contracts across deregulated U.S. markets, supported by its proprietary ABEL™ analytics platform.
Is Energy CX a public or private company?
Energy CX is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Energy CX founded?
Energy CX was founded in 2010. It employs 51 to 100 people.
Where is Energy CX based?
Energy CX is headquartered in Chicago, United States, in the North America region.
How does Energy CX make money?
One revenue line is on record: energy Procurement Brokerage.
Who are Energy CX's main competitors?
Broad incumbents on record are Direct Energy, Constellation Energy, ENGIE Resources and Shell Energy. Direct peers are U.S. Energy, Competitive Energy Services, EnergySage, Diversegy and APG&E. Voltus is listed as an emerging player.
Does Energy CX have an API?
No public API is recorded for Energy CX.
What industry is Energy CX in?
Energy CX's product category is Energy Procurement Services. Its primary akta.pro industry code is EUAGACAK, C&I Multi-Site & Cross-Border Supply (Portfolio/Meter Management), with a secondary code of EUAGAJAL, Risk Reporting & Performance Management (BI, KPIs, Attribution).