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Elevate

Full company profile

uuid0004fbf

Namestring
Elevate
Legal namestring
Elevate Energy
Websiteurl
elevatenp.org
Company typeenum
Private
Founded yearint
2000
Descriptiontext

Elevate (legal name Elevate Energy) is a Chicago-headquartered nonprofit organization founded in 2000 — originally as the Community Energy Cooperative by members of the Center for Neighborhood Technology in response to widespread Chicago-area blackouts — that delivers clean and affordable heat, cooling, power, and water to low-income households and underserved communities across multiple U.S. states. Over 25 years, the organization has rebranded (CNT Energy, 2007; Elevate Energy, 2013), preserved more than 30,000 affordable housing units nationally, and built a national footprint spanning Illinois, Michigan, Missouri, Wisconsin, Oregon, California, Ohio, Delaware, and the broader Midwest and Mid-Atlantic, with seven staffed regional offices and partner-driven reach into nine additional states.

The organization's core technology is its integrated program delivery platform for energy efficiency, building electrification, solar and storage, water conservation, lead abatement, indoor air quality, and healthy-homes retrofits — anchored by proprietary methodologies such as Portfolio-Level Decarbonization Assessments, the Breathe Easy mechanical ventilation study, the Michigan Energy Burden Scorecard, and the Chicago Solar Map. Domain specialization in low-income and multifamily building science, combined with research-grade assessment capabilities developed through the Housing Partnership Network, differentiate Elevate from generic contractors and inform program design across state and federal grants.

Elevate's business model is a managed-services and program-administration nonprofit funded primarily through government grants (LIHEAP, Illinois Home Weatherization Assistance Program, Illinois Solar for All, Clean Energy Jobs Act), utility-administered portfolios (ComEd, Ameren, Consumers Energy), and foundation capital (JPMorgan Chase, Wells Fargo, TD Charitable, Mott, Cook Family). Services are delivered free or deeply subsidized to income-eligible end users, while revenue to Elevate is generated through program administration fees, consulting engagements, and grant recovery. Customers are segmented vertically across renters and homeowners, property owners and managers, nonprofits, contractors and workforce, governments and public agencies, child care providers, and real estate professionals, with named institutional clients including Mercy Housing, CommonBond, NHP Foundation, ACTION Housing, and the Housing Partnership Network.

Short descriptiontext

Elevate is a Chicago-based nonprofit founded in 2000 that delivers energy efficiency, electrification, solar, water conservation, and healthy-homes programs to low-income households, multifamily building owners, nonprofits, and government agencies across multiple U.S. states.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
101–250
akta.pro rankint
HeadquartersChicago, United States
HQ citystring
Chicago
HQ countrystring
United States
HQ regionstring
North America
Markets served

Serves global market

Offices7 records

Each record includes

City, Country, Type, Description, Source

Keyword5 values
energy efficiency programs, building electrification services, home weatherization assistance, solar energy access, healthy homes programs
Industry2 codes
1Performance Contracting & Energy-as-a-Service (EaaS) for Buildings
CodeBPABAGANPrimaryYes
2Compliance, Safety & Code-Driven Retrofit Programs (NERC CIP, arc-flash, OSHA)
CodeEUAEALAOPrimaryNo
NAICS code1 code
  • Administration of Environmental Quality Programs9241
SIC code1 code
  • Services-To Dwellings & Other Buildings7340
Product category
Energy Efficiency Services
GTM motion1 record

Each record includes

Type, Description, Source

Revenue model2 records
1Government Grants and Program Funding
TypeManaged Services
Description

Elevate operates primarily as a nonprofit funded through government grants, utility programs, and foundation support. Programs include energy efficiency initiatives funded by utilities (ComEd, Ameren), state agencies, and federal programs like LIHEAP, Illinois Solar for All, and Clean Energy Jobs Act (CEJA).

elevatenp.org
2Program Administration Fees
TypeProfessional Services
Description

The organization administers programs for government agencies and utilities, receiving administrative fees to manage initiatives like the Cook County Healthy Homes for Healthy Families program, Illinois energy efficiency programs, and building decarbonization initiatives.

elevatenp.org
Marketing channels7 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels4 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components5 values
Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure
Pricing details1 tier
1Free services for income-qualified residents
ModelOtherBilling cadenceOne time/ perpetual license
Notes

Income-qualified residents receive free or deeply subsidized home energy assessments, weatherization, energy efficiency upgrades, and electrification services through programs like the Illinois Home Weatherization Assistance Program (IHWAP) and utility-funded initiatives.

elevatenp.org
GTM typeB2B and B2C
B2B and B2C
Offering typeServices
Services
Brand1 of 6 records shown
1Chicago Green Homes
Description

Program for residential electrification and energy efficiency upgrades in Chicago

elevatenp.org
+5 more records
Core offering1 text field

Elevate is a nonprofit organization that delivers energy efficiency, electrification, solar, water conservation, and healthy homes programs to underserved communities. The organization administers direct service programs such as home energy assessments, weatherization, multifamily retrofits, solar installations, lead abatement, and indoor air quality improvements, funded primarily through utility, government, and foundation grants. It also provides contractor training, building performance consulting, and policy advocacy across multiple U.S. states.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 8 values shown
  • Up to $1,000 in annual utility savings per household after electrification
+7 more records
Product overview1 text field

Elevate is a nonprofit organization offering a comprehensive portfolio of clean energy programs and services focused on energy efficiency, electrification, solar energy, water conservation, healthy homes, and workforce development. The organization does not operate a unified software product but rather delivers direct service programs including: Smart Electricity Options and Multi-Family Energy Savings for residential efficiency; Building Electrification, Solar Property Services, and Illinois Solar for All for clean energy adoption; Water Affordability, Water Efficiency, Lead in Water, and Healthy Homes for Healthy Families for health and conservation; Building and Portfolio Consulting and Benchmarking Compliance for commercial clients; Green Financing and ELOC (Elevate's Line of Credit) for financial support; Lightbulb Project and CEJA Hub for workforce development; and Research & Innovation for policy advancement. Programs are delivered through partnerships with contractors, utilities, government agencies, and community organizations across Illinois and nationally.

Product and service1 record
1Smart Electricity Options
Scale indicator8 records

Each record includes

Type, Value, Description, Source

Partnership13 partners
Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2024-01-01
Description

Multi-year partnership to build readiness of affordable housing members to access financing for building decarbonization. Elevate conducted property-level and portfolio-level assessments for members including Abode, ACTION Housing, CommonBond, Community Housing Partners, Mercy Housing, NHP Foundation, and others.

Strategic tierCoreTypeStrategic or Co-development Partner
Description

Collaborative network of organizations including Association for Energy Affordability, Green Coast Enterprises, New Ecology, and Southface working together on building decarbonization initiatives.

Strategic tierCoreTypeStrategic or Co-development Partner
Description

Mission-driven organization partnering with Elevate to serve Oregon multifamily building owners. Combined team has upgraded nearly 200,000 units. Partnership provides energy and water efficiency services, green certification support, and portfolio management.

Strategic tierCoreTypeStrategic or Co-development Partner
Description

Partnership to help preserve Oregon's affordable multifamily housing stock through energy and water efficiency measures, renewable feasibility assessments, and green certification support.

5Delaware Sustainable Energy Utility (DESEU)
Strategic tierCoreTypeStrategic or Co-development Partner
Description

Partnership to launch Energize Delaware Affordable Multifamily Housing Program providing deeply-subsidized energy assessments, financial incentives, and low-interest loans for energy efficiency and renewable energy upgrades.

elevatenp.org
Strategic tierCoreTypeImplementation/ SI/ Consulting Partner
Description

Nonprofit partner providing financial coaching and business development support to small contractors receiving ELOC funding. Helps entrepreneurs plan, manage, fund, and build viable companies.

Strategic tierCoreTypeStrategic or Co-development Partner
Description

Partner with Elevate and Builder's Avenue in administering the Lightbulb Project, a contractor development program providing back-office apprenticeship, training, and support for small clean energy businesses.

Strategic tierMinorTypeImplementation/ SI/ Consulting Partner
Description

CEJA Hub coordinator helping contractors like MLP Electric master certified payroll and pursue public/grant-funded projects.

Strategic tierMinorTypeStrategic or Co-development Partner
Description

Development partner for grant-funded projects where contractors like MLP Electric participate as Equitable Eligible Contractors through CEJA programs.

Strategic tierCoreTypeChannel Partner/ Reseller/ Distributor
Description

Community partner that referred homeowners like Celestine Patterson to Chicago Green Homes electrification program after completing weatherization work.

11Illinois Clean Jobs Coalition
Strategic tierCoreTypeStrategic or Co-development Partner
Description

Coalition of community leaders, policymakers, and partners that came together to pass CRGA and CEJA legislation, creating new clean energy opportunities that Elevate programs support.

elevatenp.org
Strategic tierCoreTypeImplementation/ SI/ Consulting Partner
Description

Partner in Michigan helping identify and select nonprofits seeking energy efficiency improvements. Provided expertise to Devries Nature Conservancy and SafeCenter for energy assessments and retrofits.

13Detroit Local Initiatives Support Corporation (LISC)
Strategic tierCoreTypeStrategic or Co-development Partner
Description

Partnership to support developers of affordable housing in Detroit through energy efficiency and solar retrofits via the Detroit LISC Multifamily Green Initiative.

elevatenp.org
Recent move8 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight6 records

Each record includes

Type, Description

Peers10 records
TypeDirect peer
Description

Nonprofit that administers Efficiency Vermont, the nation's first statewide energy efficiency utility. Operates a similar model of utility program administration, building decarbonization, and energy equity services; comparable in size and program breadth to Elevate.

TypeBroad incumbent
Description

Global consulting and energy program implementation firm with substantial energy efficiency program administration practice for utilities and government. Competes with Elevate on large-scale utility program contracts but is much larger and broader in scope.

TypeBroad incumbent
Description

State-level clean energy and energy efficiency program administrator that funds and runs residential and multifamily efficiency, electrification, and workforce programs. Comparable to Elevate at state program scale, but as a government agency rather than nonprofit.

TypeDirect peer
Description

National energy efficiency program implementation firm delivering utility-administered programs including weatherization, HVAC, and electrification. Closely comparable to Elevate as a service-delivery contractor for utility and government energy programs.

TypeDirect peer
Description

National nonprofit delivering energy affordability, weatherization, and multifamily building performance services, particularly to low-income households. Direct peer with overlapping affordable housing decarbonization and program administration remit.

TypeDirect peer
Description

Nonprofit affordable housing preservation and energy efficiency organization operating energy retrofits across multifamily affordable housing portfolios. Comparable in mission and customer base (affordable housing providers) to Elevate.

TypeDirect peer
Description

Chicago-based nonprofit focused on sustainable communities; historical parent of Elevate (spun out from CNT's energy work in 2000). Operates closely adjacent energy affordability, transit, and water programs in the same geography with overlapping mission and funder relationships.

TypeDirect peer
Description

For-profit clean energy consulting and program administration firm (formerly Nexant) serving utilities and governments on energy efficiency, electrification, and distributed energy programs. Directly competes with Elevate on utility-administered program contracts across multiple states.

TypeDirect peer
Description

National nonprofit focused on healthy housing interventions including lead remediation, weatherization, and energy efficiency. Highly comparable to Elevate's Healthy Homes for Healthy Families portfolio and lead abatement programs serving income-qualified households.

TypeDirect peer
Description

Nonprofit energy efficiency research and program implementation organization administering utility-funded programs in the Midwest and beyond. Closely comparable to Elevate as a mission-driven program administrator delivering residential and multifamily efficiency, building decarbonization, and workforce services.

Market position
Strengths4 records

Each record includes

Headline, Details, Source

Weaknesses4 records

Each record includes

Headline, Details, Source

Competitive moat5 records

Each record includes

Type, Details

Key risks5 records

Each record includes

Headline, Details, Source

Key highlights6 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Named customers12 records

Each record includes

Name, Industry, Type, Use case, Source, UUID

Segment7 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile5 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
No
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Feature3 records

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles10 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

No data
No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds2 records

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors2 records

Each record includes

Name, Type, Date of entry, Rounds participated, Website

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

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

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

Elevate

Energy Efficiency Serviceselevatenp.org

Elevate is a Chicago-based nonprofit founded in 2000 that delivers energy efficiency, electrification, solar, water conservation, and healthy-homes programs to low-income households, multifamily building owners, nonprofits, and government agencies across multiple U.S. states.

What Elevate does

Elevate (legal name Elevate Energy) is a Chicago-headquartered nonprofit organization founded in 2000 — originally as the Community Energy Cooperative by members of the Center for Neighborhood Technology in response to widespread Chicago-area blackouts — that delivers clean and affordable heat, cooling, power, and water to low-income households and underserved communities across multiple U.S. states. Over 25 years, the organization has rebranded (CNT Energy, 2007; Elevate Energy, 2013), preserved more than 30,000 affordable housing units nationally, and built a national footprint spanning Illinois, Michigan, Missouri, Wisconsin, Oregon, California, Ohio, Delaware, and the broader Midwest and Mid-Atlantic, with seven staffed regional offices and partner-driven reach into nine additional states.

The organization's core technology is its integrated program delivery platform for energy efficiency, building electrification, solar and storage, water conservation, lead abatement, indoor air quality, and healthy-homes retrofits — anchored by proprietary methodologies such as Portfolio-Level Decarbonization Assessments, the Breathe Easy mechanical ventilation study, the Michigan Energy Burden Scorecard, and the Chicago Solar Map. Domain specialization in low-income and multifamily building science, combined with research-grade assessment capabilities developed through the Housing Partnership Network, differentiate Elevate from generic contractors and inform program design across state and federal grants.

Elevate's business model is a managed-services and program-administration nonprofit funded primarily through government grants (LIHEAP, Illinois Home Weatherization Assistance Program, Illinois Solar for All, Clean Energy Jobs Act), utility-administered portfolios (ComEd, Ameren, Consumers Energy), and foundation capital (JPMorgan Chase, Wells Fargo, TD Charitable, Mott, Cook Family). Services are delivered free or deeply subsidized to income-eligible end users, while revenue to Elevate is generated through program administration fees, consulting engagements, and grant recovery. Customers are segmented vertically across renters and homeowners, property owners and managers, nonprofits, contractors and workforce, governments and public agencies, child care providers, and real estate professionals, with named institutional clients including Mercy Housing, CommonBond, NHP Foundation, ACTION Housing, and the Housing Partnership Network.

Elevate firmographics

Firmographics
Name
Elevate
Legal name
Elevate Energy
Website
https://elevatenp.org
Company type
Private
Founded year
2000
Operating status
Operating
Headcount range
101–250 employees
Short description
Elevate is a Chicago-based nonprofit founded in 2000 that delivers energy efficiency, electrification, solar, water conservation, and healthy-homes programs to low-income households, multifamily building owners, nonprofits, and government agencies across multiple U.S. states.
Ownership category
akta.pro rank

Elevate industry classification

Industry
Product category
Energy Efficiency Services
NAICS
Administration of Environmental Quality Programs (9241)
SIC
Services-To Dwellings & Other Buildings (7340)
akta.pro primary industry
Performance Contracting & Energy-as-a-Service (EaaS) for Buildings (BPABAGAN)
akta.pro secondary industry
Compliance, Safety & Code-Driven Retrofit Programs (NERC CIP, arc-flash, OSHA) (EUAEALAO)

Keywords

  • Energy efficiency programs
  • Building electrification services
  • Home weatherization assistance
  • Solar energy access
  • Healthy homes programs

Where Elevate is headquartered

Location

Headquarters

HQ city
Chicago
HQ country
United States
HQ region
North America

Offices7 records

Markets served

Elevate business model

Business model
GTM type
B2B and B2C
Offering type
Services
Cost components
Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

  1. Government Grants and Program Funding: Elevate operates primarily as a nonprofit funded through government grants, utility programs, and foundation support. Programs include energy efficiency initiatives funded by utilities (ComEd, Ameren), state agencies, and federal programs like LIHEAP, Illinois Solar for All, and Clean Energy Jobs Act (CEJA).
  2. Program Administration Fees: The organization administers programs for government agencies and utilities, receiving administrative fees to manage initiatives like the Cook County Healthy Homes for Healthy Families program, Illinois energy efficiency programs, and building decarbonization initiatives.

Pricing tiers

ModelBillingPrice
OtherOne time/ perpetual licenseFree services for income-qualified residents

Go-to-market motion1 record

Distribution channels4 records

Marketing channels7 records

Elevate product offering

Product offering

Core offering

Elevate is a nonprofit organization that delivers energy efficiency, electrification, solar, water conservation, and healthy homes programs to underserved communities. The organization administers direct service programs such as home energy assessments, weatherization, multifamily retrofits, solar installations, lead abatement, and indoor air quality improvements, funded primarily through utility, government, and foundation grants. It also provides contractor training, building performance consulting, and policy advocacy across multiple U.S. states.

Product overview

Elevate is a nonprofit organization offering a comprehensive portfolio of clean energy programs and services focused on energy efficiency, electrification, solar energy, water conservation, healthy homes, and workforce development. The organization does not operate a unified software product but rather delivers direct service programs including: Smart Electricity Options and Multi-Family Energy Savings for residential efficiency; Building Electrification, Solar Property Services, and Illinois Solar for All for clean energy adoption; Water Affordability, Water Efficiency, Lead in Water, and Healthy Homes for Healthy Families for health and conservation; Building and Portfolio Consulting and Benchmarking Compliance for commercial clients; Green Financing and ELOC (Elevate's Line of Credit) for financial support; Lightbulb Project and CEJA Hub for workforce development; and Research & Innovation for policy advancement. Programs are delivered through partnerships with contractors, utilities, government agencies, and community organizations across Illinois and nationally.

Differentiator

Problem solved

Functional benefit

Brands

  • Chicago Green Homes: Program for residential electrification and energy efficiency upgrades in Chicago
  • Evanston Green Homes
  • Cook County Healthy Homes for Healthy Families
  • ELOC (Elevate's Line of Credit)
  • Lightbulb Project
  • CEJA Hub

Products and services

  • Smart Electricity Options

Quantifiable outcome

  • Up to $1,000 in annual utility savings per household after electrification
  • +7 more outcomes

Companies that use Elevate

Customer profile

Named customers12 records

Segments7 records

Ideal customer profiles5 records

Elevate technology and API

Technology

Technology focussed No

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Feature3 records

Elevate partnerships and signals

Strategic signal

Partnerships

13 partnerships are on record, tiered core and minor.

  • Housing Partnership NetworkcoreStrategic or Co-development Partner · 1 January 2024Multi-year partnership to build readiness of affordable housing members to access financing for building decarbonization. Elevate conducted property-level and portfolio-level assessments for members including Abode, ACTION Housing, CommonBond, Community Housing Partners, Mercy Housing, NHP Foundation, and others.
  • Relay NetworkcoreStrategic or Co-development PartnerCollaborative network of organizations including Association for Energy Affordability, Green Coast Enterprises, New Ecology, and Southface working together on building decarbonization initiatives.
  • New Ecology, Inc.coreStrategic or Co-development PartnerMission-driven organization partnering with Elevate to serve Oregon multifamily building owners. Combined team has upgraded nearly 200,000 units. Partnership provides energy and water efficiency services, green certification support, and portfolio management.
  • Network for Oregon Affordable Housing (NOAH)coreStrategic or Co-development PartnerPartnership to help preserve Oregon's affordable multifamily housing stock through energy and water efficiency measures, renewable feasibility assessments, and green certification support.
  • Delaware Sustainable Energy Utility (DESEU)coreStrategic or Co-development PartnerPartnership to launch Energize Delaware Affordable Multifamily Housing Program providing deeply-subsidized energy assessments, financial incentives, and low-interest loans for energy efficiency and renewable energy upgrades.
  • Builder's AvenuecoreImplementation/ SI/ Consulting PartnerNonprofit partner providing financial coaching and business development support to small contractors receiving ELOC funding. Helps entrepreneurs plan, manage, fund, and build viable companies.
  • SOULcoreStrategic or Co-development PartnerPartner with Elevate and Builder's Avenue in administering the Lightbulb Project, a contractor development program providing back-office apprenticeship, training, and support for small clean energy businesses.
  • Great Lakes DevelopmentminorImplementation/ SI/ Consulting PartnerCEJA Hub coordinator helping contractors like MLP Electric master certified payroll and pursue public/grant-funded projects.
  • SesenergiminorStrategic or Co-development PartnerDevelopment partner for grant-funded projects where contractors like MLP Electric participate as Equitable Eligible Contractors through CEJA programs.
  • Chicago Bungalow AssociationcoreChannel Partner/ Reseller/ DistributorCommunity partner that referred homeowners like Celestine Patterson to Chicago Green Homes electrification program after completing weatherization work.
  • Illinois Clean Jobs CoalitioncoreStrategic or Co-development PartnerCoalition of community leaders, policymakers, and partners that came together to pass CRGA and CEJA legislation, creating new clean energy opportunities that Elevate programs support.
  • Michigan Energy Options (MEO)coreImplementation/ SI/ Consulting PartnerPartner in Michigan helping identify and select nonprofits seeking energy efficiency improvements. Provided expertise to Devries Nature Conservancy and SafeCenter for energy assessments and retrofits.
  • Detroit Local Initiatives Support Corporation (LISC)coreStrategic or Co-development PartnerPartnership to support developers of affordable housing in Detroit through energy efficiency and solar retrofits via the Detroit LISC Multifamily Green Initiative.

Scale indicators8 records

Recent moves8 records

Expansion highlights6 records

Elevate competitors and assessment

Company assessment

Direct peers

  • Vermont Energy Investment Corporation (VEIC): Nonprofit that administers Efficiency Vermont, the nation's first statewide energy efficiency utility. Operates a similar model of utility program administration, building decarbonization, and energy equity services; comparable in size and program breadth to Elevate.
  • Franklin Energy: National energy efficiency program implementation firm delivering utility-administered programs including weatherization, HVAC, and electrification. Closely comparable to Elevate as a service-delivery contractor for utility and government energy programs.
  • Association for Energy Affordability (AEA): National nonprofit delivering energy affordability, weatherization, and multifamily building performance services, particularly to low-income households. Direct peer with overlapping affordable housing decarbonization and program administration remit.
  • National Housing Trust: Nonprofit affordable housing preservation and energy efficiency organization operating energy retrofits across multifamily affordable housing portfolios. Comparable in mission and customer base (affordable housing providers) to Elevate.
  • Center for Neighborhood Technology (CNT): Chicago-based nonprofit focused on sustainable communities; historical parent of Elevate (spun out from CNT's energy work in 2000). Operates closely adjacent energy affordability, transit, and water programs in the same geography with overlapping mission and funder relationships.
  • Resource Innovations: For-profit clean energy consulting and program administration firm (formerly Nexant) serving utilities and governments on energy efficiency, electrification, and distributed energy programs. Directly competes with Elevate on utility-administered program contracts across multiple states.
  • Green & Healthy Homes Initiative: National nonprofit focused on healthy housing interventions including lead remediation, weatherization, and energy efficiency. Highly comparable to Elevate's Healthy Homes for Healthy Families portfolio and lead abatement programs serving income-qualified households.
  • Slipstream (formerly Wisconsin Energy Conservation Corporation): Nonprofit energy efficiency research and program implementation organization administering utility-funded programs in the Midwest and beyond. Closely comparable to Elevate as a mission-driven program administrator delivering residential and multifamily efficiency, building decarbonization, and workforce services.

Broad incumbents

  • ICF International: Global consulting and energy program implementation firm with substantial energy efficiency program administration practice for utilities and government. Competes with Elevate on large-scale utility program contracts but is much larger and broader in scope.
  • NYSERDA (New York State Energy Research and Development Authority): State-level clean energy and energy efficiency program administrator that funds and runs residential and multifamily efficiency, electrification, and workforce programs. Comparable to Elevate at state program scale, but as a government agency rather than nonprofit.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

Elevate social profiles

Digital presence

Elevate financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Elevate leadership team

Management profile

Number of profiles

Profiles10 records

Elevate funding detail

Funding detail

Funding overview

Funding rounds2 records

Investors2 records

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

Elevate M&A and investment

M&A and investment

M&A

Investments

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

Frequently asked questions about Elevate

What does Elevate do?

Elevate is a nonprofit organization that delivers energy efficiency, electrification, solar, water conservation, and healthy homes programs to underserved communities. The organization administers direct service programs such as home energy assessments, weatherization, multifamily retrofits, solar installations, lead abatement, and indoor air quality improvements, funded primarily through utility, government, and foundation grants. It also provides contractor training, building performance consulting, and policy advocacy across multiple U.S. states.

Is Elevate a public or private company?

Elevate is a private company. It is classified as nonprofit foundation owned and is currently operating.

When was Elevate founded?

Elevate was founded in 2000. It employs 101 to 250 people.

Where is Elevate based?

Elevate is headquartered in Chicago, United States, in the North America region.

How does Elevate make money?

Two revenue lines are on record. Government Grants and Program Funding is the primary driver. The others are program Administration Fees.

Who are Elevate's main competitors?

Direct peers on record are Vermont Energy Investment Corporation (VEIC), Franklin Energy, Association for Energy Affordability (AEA), National Housing Trust, Center for Neighborhood Technology (CNT), Resource Innovations, Green & Healthy Homes Initiative and Slipstream (formerly Wisconsin Energy Conservation Corporation). Broad incumbents are ICF International and NYSERDA (New York State Energy Research and Development Authority).

Does Elevate have an API?

No public API is recorded for Elevate.

What industry is Elevate in?

Elevate's product category is Energy Efficiency Services. Its primary akta.pro industry code is BPABAGAN, Performance Contracting & Energy-as-a-Service (EaaS) for Buildings, with a secondary code of EUAEALAO, Compliance, Safety & Code-Driven Retrofit Programs (NERC CIP, arc-flash, OSHA). Its NAICS code is 9241 and its SIC code is 7340.

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Live signals
ElevatenpCase Study: Verified Energy and Cost Savings from Whole Home ElectrificationElevate analyzed a case study of a Chicago homeowner's full-building electrification and weatherization upgrades, which lowered annual energy costs by $1,028 and reduced energy usage by 70%. The company works with property owners to replace on-site combustion of fossil fuels.ComedComEd, Elevate, Illinois Green Alliance Win $4.5 Million Federal Infrastructure Grant to Support Building Decarbonization in IllinoisComEd, Elevate, and the Illinois Green Alliance have been awarded a $4.5 million federal grant from the U.S. Department of Energy to launch a Building Performance Hub in Illinois. The initiative aims to support building owners and contractors in complying with energy codes and advancing building electrification through advisory services and training over the next three years.Business Wire BlogComEd, Elevate, Illinois Green Alliance Win $4.5 Million Federal Infrastructure Grant to Support Building Decarbonization in IllinoisComEd, Elevate, and Illinois Green Alliance secured a $4.5 million federal grant from the U.S. Department of Energy to launch a Building Performance Hub in Illinois aimed at advancing building decarbonization. The initiative involves ComEd's $500,000 investment and collaboration with state partners to provide advisory services and training for building electrification and energy code compliance. This effort supports broader state and local climate goals by helping building owners meet sustainability targets through improved efficiency and access to clean energy resources.NasdaqComEd, Elevate, Illinois Green Alliance Win $4.5 Million Federal Infrastructure Grant to Support Building Decarbonization in IllinoisComEd, Elevate, and the Illinois Green Alliance have been awarded a $4.5 million grant from the U.S. Department of Energy to launch a new Building Performance Hub in Chicago. The initiative, supported by ComEd's $500,000 investment, aims to assist building owners and contractors in complying with advanced energy codes and transitioning to electrification. This project aligns with state and local climate goals to reduce greenhouse gas emissions through technical advisory services and training.ElevatenpBuilding Electrification Program FAQsElevate is operating the Building Electrification Program (BEP), which provides financial support and turnkey services to help homeowners and multi-family property owners in Illinois, Wisconsin, and Michigan replace fossil fuel equipment with electric alternatives. The program targets affordable housing in specific census tracts, offering grants that fully fund eligible single-family projects and partially offset costs for multi-family buildings to achieve energy and carbon savings.