Legend Power Systems

Name

Legend Power Systems

Legal name

Legend Power® Systems Inc.

Website

https://legendpower.com

Company type

Public

Founded year

2001

Operating status

Operating

Headcount range

11–50 employees

Ownership category

akta.pro rank

Product category

Power Quality Management Hardware

NAICS

Switchgear and Switchboard Apparatus Manufacturing (335313)

SIC

Switchgear & Switchboard Apparatus (3613), Electronic & Other Electrical Equipment (No Computer Equip) (3600)

akta.pro primary industry

Power Distribution Units (PDUs) & Rack Power (HDACAJAC)

akta.pro secondary industry

High-Voltage Electrical Systems (Switchgear, Transformers, Protection & Control) (EUAEAFAA)

Keywords

• Active power management
• Voltage optimization systems
• Power quality management
• Commercial energy efficiency
• Building power solutions

Headquarters

HQ city

Vancouver

HQ country

Canada

HQ region

North America

Offices4 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Operations, Personnel, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. SmartGATE Hardware Sales: Primary revenue stream from sale of SmartGATE active power management units to commercial building owners. Q2 2026 orders of CAD $1.3 million represented 12 SmartGATE systems sold across government expansion, reseller channel, and existing customer expansion. Stated gross margin on these orders is 45%.
2. Power Impact Assessment Services: Fee-based in-depth analysis of a building's incoming electrical conditions, comparing results to industry standards and identifying efficiency, reliability, and lifetime improvements. The Power Impact Assessment and Capital Infrastructure Risk Assessment (CIRA) generate lead-conversion revenue.
3. Energy Savings Performance Agreement (ESPA) Financing-Related Revenue: Energy Savings Performance Agreements with partners like the Toronto Atmospheric Fund (TAF) enable zero-capital-outlay installation for qualified multi-location commercial building owners across Ontario, with TAF retaining title to the Harmonizer over the term of the agreement and sharing financial savings with the building owner.
4. International Distribution Revenue: International distribution agreement with Energy Optimisa Holdings (Pty) Limited covering South Africa and Sub-Sahara Africa (six-year term with option to extend by an additional four years). Distribution agreements are exclusive based on established order volume.

Pricing tiers

Go-to-market motion4 records

Distribution channels7 records

Marketing channels9 records

Core offering

Legend Power Systems designs, manufactures, and sells the patented SmartGATE Active Power Management System, a switchgear-integrated hardware platform that installs after the meter to provide full voltage regulation (±8%) on each phase individually with greater than 99.5% efficiency. The hardware is paired with the SmartGATE Insights monitoring module and a suite of assessment services (Power Impact Assessment, CIRA, Power Impact Report, True Cost of Power Estimator) to help commercial building owners reduce energy use, demand, and equipment degradation.

Product overview

Legend Power Systems offers a single core product platform — the SmartGATE™ Active Power Management System for commercial buildings — extended by a small set of assessment, reporting, and analytics modules. The SmartGATE hardware installs after the meter in line with the building's switchgear and is paired with the SmartGATE Insights™ Module, which provides 38-parameter power quality monitoring and a web portal for portfolio-wide visualization. Around this hardware-and-monitoring core, Legend Power layers a services suite including the Power Impact Assessment (in-depth electrical study), the True Cost of Power Estimator (instant self-service cost modeling), the Capital Infrastructure Risk Assessment (CIRA) framework, and the Power Impact Report deliverable. The company also operates a related analytics asset called Legend Analytics and continues to support the legacy Electrical Harmonizer-AVR product line.

Differentiator

Problem solved

Functional benefit

Brands

• SmartGATE: Active Power Management System for commercial buildings; analyzes and corrects incoming building power in real time, providing full voltage regulation (+/- 8%) on each phase individually.
• Electrical Harmonizer-AVR
• Legend Analytics
• SmartGATE Insights
• Power Impact Assessment
• Capital Infrastructure Risk Assessment (CIRA)

Products and services

• SmartGATE Active Power Management System The core patented Active Power Management System for commercial buildings. Installs after the meter in line with the building's switchgear, extracts a percentage of the load, converts and analyzes it, rebuilds the waveform, and injects it back into the system to provide full voltage regulation (±8%) on each phase individually with greater than 99.5% efficiency across the operating range. Includes Full Voltage Regulation, Phase Balancing, Voltage Boost (sag mitigation), Voltage Reduction / Conservation Voltage Reduction, and Active Power Factor Correction. Sold to commercial building owners across CRE multifamily, CRE office, education, industrial, and government segments.
• SmartGATE Insights Module Monitoring and analytics add-on for the SmartGATE platform. Tracks 38 Power Quality Parameters at 1-minute increments and exposes them through a web portal for dashboard and portfolio-wide visualizations. Used by multi-building owners to monitor power quality across portfolios.
• Power Impact Assessment In-depth study of a building's incoming electrical conditions examining efficiency, reliability, and the health of the electrical supply. Compares results to industry standards and recommends solutions to reduce wasted energy, repair costs, lost profits, and lost valuations. Sold as a fee-based service that supports lead conversion into SmartGATE sales.
• True Cost of Power Estimator (TCPE) Online self-service estimator that provides an instant comprehensive estimate of a building's true cost of power using basic building inputs — covering impact, costs, savings, greenhouse gas impact, operational risk, and occupant safety/satisfaction. Available free via the partner portal to generate qualified leads.
• Capital Infrastructure Risk Assessment (CIRA) Framework and online tool introduced in fiscal Q1 2026 to help customers quantify the broader financial impact of power conditions on commercial buildings, including risk to capital infrastructure and third-party operational data. Supports the company's three-pronged value proposition strategy (Analyze, Verify, Solve) for SmartGATE sales.
• Power Impact Report Diagnostic report deliverable covering energy and financial performance, occupant safety and satisfaction, and quantification of power's impact on a specific building. Used to verify and articulate outcomes from the SmartGATE installation for commercial building owners.
• Active Power Management Service Legend Power's overarching service offering built around the SmartGATE platform, analyzing where electricity is harming business performance and continuously optimizing power to improve reliability, lifetime, and efficiency for commercial building owners.
• Harmonizer for Apartment and Condo Sector (208V/600V) Patented voltage optimization product line extension of the Electrical Harmonizer-AVR adapted for the 208V and 600V apartment and condo sector. Designed for high-density multi-residential buildings where landlords cannot directly replace older inefficient end-use loads. Approved and eligible for government rebates and incentives.

Quantifiable outcome

• Up to 25% peak demand reduction at a U.S. federal facility (preliminary independent evaluation)
• +10 more outcomes

Named customers16 records

Segments7 records

Ideal customer profiles5 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature8 records

Partnerships

Nine partnerships are on record, tiered core, flagship, flagship u.s. utility partner and flagship international partner.

• Oak Ridge National LaboratorycoreStrategic or Co-development Partner · 22 May 2026Oak Ridge National Laboratory has provided positive third-party validation of SmartGATE's ability to materially improve building power conditions, referenced in the Q2 2026 earnings call and shareholder communications.
• Leading North American Franchise NetworkflagshipChannel Partner/ Reseller/ Distributor · 6 October 2025Partnership agreement announced October 6, 2025 (with a related press release on October 2, 2025) to bring SmartGATE to a leading North American franchise network's building portfolio. Provides multi-site, multi-geography distribution.
• U.S. General Services Administration (GSA) — CEBT Proving Ground ProgramflagshipStrategic or Co-development Partner · 23 September 2025First SmartGATE installation with the U.S. Federal Government under the GSA Cutting Edge Building Technologies (CEBT) Proving Ground Program completed September 23, 2025. The GSA operates approximately 1,800 federally owned buildings. A government-funded independent evaluation is underway, with a final report expected October 2026. Preliminary findings show up to 25% peak demand reduction and ~2.6% energy savings.
• Sophic CapitalcoreGTM or Marketing Partner · 1 January 2025Sophic Capital is listed on the Legend Power Investors page as the Investor Relations (IR) partner, hosting investment-ideas content and supporting IR activities.
• Four U.S.-based Energy Service Companies (ESCOs)coreChannel Partner/ Reseller/ Distributor · 14 July 2021Legend Power added four new U.S.-based ESCO relationships on July 14, 2021, expanding its ESCO channel for SmartGATE/Harmonizer distribution across the United States.
• Con Edisonflagship u.s. utility partnerChannel Partner/ Reseller/ Distributor · 20 January 2016Legend Power was accepted into Con Edison's Energy Efficiency Market Partner Program in January 2016, providing the Harmonizer with access to New York City utility customers and associated incentive programs.
• Energy Optimisa Holdings (Pty) Limitedflagship international partnerChannel Partner/ Reseller/ Distributor · 21 August 2014Six-year international distribution agreement (with option to extend by an additional four years) covering South Africa and Sub-Sahara Africa, with exclusivity based on established order volume. Energy Optimisa is an established voltage optimization company based in Cape Town, South Africa, and has already installed SmartGATE / Electrical Harmonizer units in multiple South African retail locations. Six-year term announced August 21, 2014.
• Energi (third-party insurance company)coreImplementation/ SI/ Consulting Partner · 28 January 2014Energi provides the energy-savings insurance backing the up-to-10-year savings guarantees on ESPA projects with the Toronto Atmospheric Fund. Verifies and guarantees Harmonizer energy savings performance.
• FINN ProjectscoreImplementation/ SI/ Consulting Partner · 28 January 2014FINN Projects acts as the designated engineering consultant on ESPA projects with the Toronto Atmospheric Fund, verifying energy savings and GHG reductions from installed Harmonizers.

Scale indicators14 records

Recent moves6 records

Expansion highlights6 records

Broad incumbents

• Eaton: Global power management company offering a broad portfolio of electrical components, power-quality solutions, and energy management systems for commercial, industrial, and utility customers. Comparable as a large incumbent in power quality and electrical infrastructure serving the same end markets as Legend Power's SmartGATE.
• Schneider Electric: Global energy management and automation company with the EcoStruxure building platform and power-quality offerings for commercial real estate. Comparable as the dominant integrated smart-building and energy-management incumbent that SmartGATE competes against in commercial buildings.
• ABB: Global technology company offering electrification, motion, and process automation including power quality, transformers, and switchgear. Comparable as a broad incumbent in the same power-quality / electrical-equipment category where SmartGATE operates.
• Siemens: Global technology company with a Smart Infrastructure division providing building technologies, power distribution, and energy management for commercial buildings. Comparable as a broad incumbent serving the same commercial real estate, government, and education end customers as Legend Power.

Direct peers

• S&C Electric Company: Specialized manufacturer of switching and protection equipment for electric power systems, including power-quality solutions for commercial and industrial customers. Comparable as a specialist in power switching and conditioning serving similar utility and commercial markets.
• Powerstar: UK-based voltage optimization specialist that designs and manufactures power-saving solutions for commercial and industrial sites. Comparable as a direct competitor in voltage regulation and optimization with similar product positioning for commercial buildings.
• VPhase Technologies: Voltage optimization device manufacturer focused on reducing energy consumption in commercial and residential buildings. Comparable as a direct competitor offering a voltage-regulation product for building energy savings.
• Elspec: Provider of power-quality monitoring, analysis, and energy management solutions for commercial, industrial, and utility customers. Comparable as a peer in power-quality measurement and analytics, complementing the SmartGATE Insights module.

Emerging players

• GridPoint: Energy management platform that uses IoT sensors and analytics to optimize energy use across multi-site commercial building portfolios. Comparable as an emerging player in the broader commercial building energy and power management category where Legend competes for portfolio owners' spend.

Regional players

• Sensus (a Xylem brand): Provider of smart utility infrastructure and metering solutions used by utilities and large commercial customers to monitor and manage power usage. Comparable as an adjacent player in power monitoring and management for buildings and utility customers, particularly relevant in the context of Legend's Con Edison partnership.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/LegendPower
• YouTubeyoutube.com/user/legendpowersystems
• Facebookfacebook.com/LegendPowerSystem
• LinkedInlinkedin.com/company/legend-power

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 records

Funding overview

Funding rounds7 records

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Legend Power Systems