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EnerCare

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uuid00064s1

Namestring
EnerCare
Legal namestring
Enercare Inc.
Websiteurl
enercareinc.com
Company typeenum
Private
Founded yearint
1960
Descriptiontext

EnerCare Inc. is a Canadian home services company headquartered in Toronto that provides residential and commercial heating, cooling, water heating, plumbing, electrical, water treatment, and emerging electrification products (EV chargers, standby generators) across five provinces: Ontario, Alberta, British Columbia, Manitoba, and Quebec. The company's core economic model is rental-based: customers sign long-term rental contracts for HVAC equipment (heat pumps, air conditioners, water heaters, furnaces) and pay predictable monthly fees, with promotional prepaid credit card incentives of up to $4,000 used as customer acquisition tools. The offering is bundled with multi-year protection plans (Enercare Advantage, Enercare Home Plan), standalone service and repair work delivered by licensed technicians, an e-commerce storefront (Enercare Shop), and a self-serve customer portal (My Account) for booking and billing.

The company's distribution relies on direct field service via licensed technicians, an authorized dealer program, and dedicated B2B channels for commercial, builder, and property manager segments. EnerCare holds an ECRA/ESA contractor license (#7010500) for electrical and HVAC work in Ontario, and operates subsidiaries Syles Mechanical Services Ltd. (acquired January 2022) and HydroSolution (acquired August 2022) to extend its geographic and water-management footprint. The company was taken private in 2022 by Brookfield Infrastructure Partners, and is led by President and CEO John Peri, CFO Evelyn Sutherland, CMO Lorne Solway, and CIO Mike Adams.

EnerCare generates revenue through three primary streams: equipment rental subscriptions (the largest economic driver), service and maintenance contracts, and product sales through the Enercare Shop. The customer base is a mix of residential long-tail (homeowners and tenants), commercial businesses, property managers, and builders. The company's defensibility is grounded in its 65+ year brand, 123,000+ Google Reviews, technician distribution network across five provinces, and the contractual lock-in of its rental book. No AI capabilities are evident in the current operating model; technology investments appear focused on the My Account portal and standard e-commerce infrastructure.

Short descriptiontext

EnerCare is a Toronto-based Canadian home services company that rents HVAC equipment (heat pumps, air conditioners, water heaters, furnaces) and provides plumbing, electrical, water treatment, and EV charging services to residential, commercial, builder, and property manager customers across five provinces for recurring monthly fees.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
501–1,000
akta.pro rankint
HeadquartersToronto, Canada
HQ citystring
Toronto
HQ countrystring
Canada
HQ regionstring
North America
Markets served

Serves global market

Offices4 records

Each record includes

City, Country, Type, Description, Source

Keyword5 values
residential HVAC services, home comfort solutions, HVAC equipment rental, water heater services, home energy solutions
Industry4 codes
1HVAC Service, Maintenance & Repair
CodeBPABACAAPrimaryYes
2Heat Pump Repair & Maintenance
CodeHSAOAHADPrimaryNo
3Air Conditioner (AC) Repair & Maintenance
CodeHSAOAHAFPrimaryNo
4Expansion Tank, Circulator Pump & Zone Valve Service
CodeHSAOACAGPrimaryNo
NAICS code1 code
  • Consumer Electronics and Appliances Rental53221
SIC code1 code
  • Steam & Air-Conditioning Supply4961
Product category
Residential HVAC & Home Services
GTM motion2 records

Each record includes

Type, Description, Source

Revenue model3 records
1Equipment Rental
TypeSubscription Recurring
Description

Enercare generates revenue primarily through rental agreements for HVAC equipment including heat pumps, air conditioners, water heaters, and other home comfort systems. Customers pay monthly rental fees, with promotional incentives like prepaid credit cards for new installations.

enercare.ca
2Service and Maintenance
TypeSubscription Recurring
Description

Revenue from service calls, repairs, and maintenance of installed equipment performed by licensed technicians.

enercare.ca
3Product Sales
TypeHardware Sales
Description

Sales of home comfort products through the Enercare Shop including furnace filters, fire alarms, carbon monoxide detectors, reverse osmosis filters, and leak detectors.

enercare.ca
Marketing channels5 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, Infrastructure, Marketing or Sales, Supply Chain
Pricing details3 tiers
1Heat pump rental with up to $4,000 prepaid credit card
ModelSubscriptionBilling cadenceMonthly
Notes

Residential customers receive prepaid credit cards: $500 (cost ≤$5,000), $1,000 ($5,001-$10,000), $1,500 ($10,001-$18,000), $3,500 ($18,001-$24,000), $4,000 ($24,001+). Offer expires August 2, 2026.

enercare.ca
2Air conditioner rental with up to $3,000 prepaid credit card
ModelSubscriptionBilling cadenceMonthly
Notes

Residential customers receive prepaid credit cards: $500 ($5,001-$10,000), $1,000 ($10,001-$18,000), $3,000 ($18,001-$24,000). Offer expires August 2, 2026.

enercare.ca
3Tankless water heater rental starting at $41.40/month plus up to $800 prepaid card
ModelSubscriptionBilling cadenceMonthly
Notes

$41.40/month (before HST) based on Navien NAVNPE210SNG model after $10 discount. Includes $300 prepaid card for new installation and $500 reimbursement for account closure charges from previous supplier. Offer expires August 2, 2026.

enercare.ca
GTM typeB2B and B2C
B2B and B2C
Offering typeServices
Services
Core offering1 text field

EnerCare rents HVAC equipment (heat pumps, air conditioners, water heaters, furnaces) to Canadian residential customers under monthly subscription agreements, with installation, ongoing maintenance, and repair performed by licensed technicians. The company also delivers plumbing and electrical services, water filtration/treatment solutions, EV chargers, and Generac standby generators, plus an e-commerce storefront (Enercare Shop) and dedicated Business Solutions for commercial, builder, and property-manager customers.

Differentiator
Functional benefit
Problem solved
Product overview1 text field

Enercare is a Canadian home comfort and energy solutions company offering a rental-based portfolio of HVAC (heating, cooling, heat pumps), water heating (tank and tankless), plumbing, electrical, and water treatment products and services to residential customers across Ontario, Alberta, British Columbia, Manitoba, and Quebec. The offering is structured around equipment rental (furnaces, air conditioners, heat pumps, water heaters) bundled with optional protection plans (Enercare Advantage, Enercare Home Plan), complemented by standalone service offerings (plumbing, electrical, water filtration), smart home add-ons (EV chargers, Generac generators), and an e-commerce shop. A self-serve customer portal (My Account) enables account management, billing, and appointment booking. Business solutions for commercial, builder, and property manager segments are also offered alongside the residential business.

Product and service12 records
1Heat Pump Rental
CategoryHVAC Equipment Rental
Description

Rental of residential heat pump systems under Enercare's HVAC rental program, with prepaid credit-card incentives of up to $4,000 on new installations.

2Air Conditioner Rental
CategoryHVAC Equipment Rental
Description

Rental of residential air conditioner units for cooling, with prepaid credit-card offers of up to $3,000 on select new installations.

3Tankless Water Heater Rental
CategoryWater Heating Equipment Rental
Description

Rental of on-demand (tankless) water heaters including Navien models, priced from $41.40/month after discount, with prepaid credit-card offers of up to $800 via Enercare Advantage.

4Water Heater Rental
CategoryWater Heating Equipment Rental
Description

Rental of traditional tank-style water heaters for residential customers, providing hot-water supply as part of Enercare's water solutions portfolio.

5Furnace Rental
CategoryHVAC Equipment Rental
Description

Rental of furnace systems for residential heating, one of Enercare's foundational HVAC rental offerings serving Canadian homeowners.

6Plumbing & Electrical Services
CategoryHome Services
Description

Professional plumbing and electrical installation and repair services, including wiring, fixtures, and system upgrades for residential customers, performed by licensed technicians.

7Water Filtration / Water Treatment
CategoryWater Treatment
Description

Water filtration and treatment solutions including reverse osmosis filters and leak detectors, sold and serviced through Enercare's water-solutions category.

8EV Charger Installation & Rental
CategoryEV Charging Infrastructure
Description

Electric vehicle charging station installation and rental services for residential customers.

9Generac Standby Generator
CategoryBackup Power Solutions
Description

Residential standby generator products and services offered through a partnership with Generac, providing backup power solutions.

10Enercare Shop
CategoryE-commerce / Retail
Description

E-commerce storefront selling home-comfort products including furnace filters, fire alarms, carbon monoxide detectors, reverse osmosis filters, and leak detectors, shipped directly to customers.

11My Account Customer Portal
CategoryCustomer Self-Serve Platform
Description

Self-serve online customer portal enabling account management, appointment booking, billing access, and move requests for Enercare rental customers.

12Commercial / Builder / Property Manager Services
CategoryCommercial / B2B Home Services
Description

B2B service offerings targeting commercial properties, builders, and property managers, providing HVAC, water, and plumbing solutions for non-residential customers.

Scale indicator3 records

Each record includes

Type, Value, Description, Source

Recent move7 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight5 records

Each record includes

Type, Description

Peers10 records
TypeDirect peer
Description

Reliance Home Comfort is the closest direct competitor to EnerCare in Canada, offering HVAC, water heater, and plumbing equipment rental with similar subscription pricing, maintenance coverage, and multi-province service coverage. Both target the same residential customer pain point of high upfront equipment costs.

TypeDirect peer
Description

Direct Energy Home Services (part of NRG Energy) is a long-standing Canadian competitor offering HVAC and water heating rental/protection plans bundled with energy supply contracts. Same rental-first GTM model, same target homeowner, same multi-province footprint.

TypeDirect peer
Description

Service Experts is a U.S. and Canadian HVAC service and replacement provider now wholly owned by EnerCare following its 2016 acquisition. It is a directly comparable service-led operator with similar technician network economics and HVAC replacement focus.

TypeDirect peer
Description

HomeServe is a leading home protection plan and emergency repair services provider in North America, with subscription-based HVAC, plumbing, electrical, and water line coverage. Highly comparable in GTM motion (subscription/contract) and customer experience (service network dispatch), though focused on warranty rather than equipment ownership.

TypeBroad incumbent
Description

Carrier is a global HVAC equipment OEM that also operates a large dealer/service network competing with EnerCare for installation and service revenue. Comparability is in service delivery and adjacent homeowner offering, not in the equipment rental model.

TypeBroad incumbent
Description

Trane Technologies is a global HVAC OEM with a substantial installed base in Canada and a dealer network that competes for service and replacement revenue against EnerCare. Comparable in product category and channel overlap though business model is equipment-led, not subscription-led.

TypeBroad incumbent
Description

Lennox International is a major HVAC equipment manufacturer with residential and light commercial systems and dealer/service operations. Relevant as a competitor for HVAC equipment sales and as a benchmark for residential HVAC service economics.

TypeRegional player
Description

American Water is a U.S. investor-owned water and wastewater utility with residential service contracts. Comparable to EnerCare's water management expansion (via HydroSolution) in regulated water service economics, though operating under a utility model rather than a rental model.

TypeBroad incumbent
Description

Lowe's operates a large HVAC, water heater, and home systems installation services business in North America that competes for the same replacement and installation customer as EnerCare. Comparable in residential install motion and category overlap, though positioned as a retailer-led service rather than subscription/rental.

TypeEmerging player
Description

Culligan is a leading North American water treatment and filtration brand with dealer/service network overlap into EnerCare's water filtration and reverse osmosis product line. Comparable in residential water treatment go-to-market and recurring service revenue, though not in HVAC.

Market position
Strengths5 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat5 records

Each record includes

Type, Details

Key risks6 records

Each record includes

Headline, Details, Source

Key highlights6 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Named customers4 records

Each record includes

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

Segment3 records

Each record includes

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

Ideal customer profile2 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

Feature1 record

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles4 records

Each record includes

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

Subsidiaries2 records

Each record includes

Name, Acquired on, Relationship type, Type, Business focus

Compliance1 record

Each record includes

Name, Class, Description

Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds1 record

Each record includes

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

Investors6 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&A4 records

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 →

EnerCare

Residential HVAC & Home Servicesenercareinc.com

EnerCare is a Toronto-based Canadian home services company that rents HVAC equipment (heat pumps, air conditioners, water heaters, furnaces) and provides plumbing, electrical, water treatment, and EV charging services to residential, commercial, builder, and property manager customers across five provinces for recurring monthly fees.

What EnerCare does

EnerCare Inc. is a Canadian home services company headquartered in Toronto that provides residential and commercial heating, cooling, water heating, plumbing, electrical, water treatment, and emerging electrification products (EV chargers, standby generators) across five provinces: Ontario, Alberta, British Columbia, Manitoba, and Quebec. The company's core economic model is rental-based: customers sign long-term rental contracts for HVAC equipment (heat pumps, air conditioners, water heaters, furnaces) and pay predictable monthly fees, with promotional prepaid credit card incentives of up to $4,000 used as customer acquisition tools. The offering is bundled with multi-year protection plans (Enercare Advantage, Enercare Home Plan), standalone service and repair work delivered by licensed technicians, an e-commerce storefront (Enercare Shop), and a self-serve customer portal (My Account) for booking and billing.

The company's distribution relies on direct field service via licensed technicians, an authorized dealer program, and dedicated B2B channels for commercial, builder, and property manager segments. EnerCare holds an ECRA/ESA contractor license (#7010500) for electrical and HVAC work in Ontario, and operates subsidiaries Syles Mechanical Services Ltd. (acquired January 2022) and HydroSolution (acquired August 2022) to extend its geographic and water-management footprint. The company was taken private in 2022 by Brookfield Infrastructure Partners, and is led by President and CEO John Peri, CFO Evelyn Sutherland, CMO Lorne Solway, and CIO Mike Adams.

EnerCare generates revenue through three primary streams: equipment rental subscriptions (the largest economic driver), service and maintenance contracts, and product sales through the Enercare Shop. The customer base is a mix of residential long-tail (homeowners and tenants), commercial businesses, property managers, and builders. The company's defensibility is grounded in its 65+ year brand, 123,000+ Google Reviews, technician distribution network across five provinces, and the contractual lock-in of its rental book. No AI capabilities are evident in the current operating model; technology investments appear focused on the My Account portal and standard e-commerce infrastructure.

EnerCare firmographics

Firmographics
Name
EnerCare
Legal name
Enercare Inc.
Website
https://enercareinc.com
Company type
Private
Founded year
1960
Operating status
Operating
Headcount range
501–1,000 employees
Short description
EnerCare is a Toronto-based Canadian home services company that rents HVAC equipment (heat pumps, air conditioners, water heaters, furnaces) and provides plumbing, electrical, water treatment, and EV charging services to residential, commercial, builder, and property manager customers across five provinces for recurring monthly fees.
Ownership category
akta.pro rank

EnerCare industry classification

Industry
Product category
Residential HVAC & Home Services
NAICS
Consumer Electronics and Appliances Rental (53221)
SIC
Steam & Air-Conditioning Supply (4961)
akta.pro primary industry
HVAC Service, Maintenance & Repair (BPABACAA)
akta.pro secondary industries
Heat Pump Repair & Maintenance (HSAOAHAD), Air Conditioner (AC) Repair & Maintenance (HSAOAHAF), Expansion Tank, Circulator Pump & Zone Valve Service (HSAOACAG)

Keywords

  • Residential HVAC services
  • Home comfort solutions
  • HVAC equipment rental
  • Water heater services
  • Home energy solutions

Where EnerCare is headquartered

Location

Headquarters

HQ city
Toronto
HQ country
Canada
HQ region
North America

Offices4 records

Markets served

EnerCare business model

Business model
GTM type
B2B and B2C
Offering type
Services
Cost components
Personnel, Operations, Infrastructure, Marketing or Sales, Supply Chain

Revenue model

  1. Equipment Rental: Enercare generates revenue primarily through rental agreements for HVAC equipment including heat pumps, air conditioners, water heaters, and other home comfort systems. Customers pay monthly rental fees, with promotional incentives like prepaid credit cards for new installations.
  2. Service and Maintenance: Revenue from service calls, repairs, and maintenance of installed equipment performed by licensed technicians.
  3. Product Sales: Sales of home comfort products through the Enercare Shop including furnace filters, fire alarms, carbon monoxide detectors, reverse osmosis filters, and leak detectors.

Pricing tiers

ModelBillingPrice
SubscriptionMonthlyHeat pump rental with up to $4,000 prepaid credit card
SubscriptionMonthlyAir conditioner rental with up to $3,000 prepaid credit card
SubscriptionMonthlyTankless water heater rental starting at $41.40/month plus up to $800 prepaid card

Go-to-market motion2 records

Distribution channels4 records

Marketing channels5 records

EnerCare product offering

Product offering

Core offering

EnerCare rents HVAC equipment (heat pumps, air conditioners, water heaters, furnaces) to Canadian residential customers under monthly subscription agreements, with installation, ongoing maintenance, and repair performed by licensed technicians. The company also delivers plumbing and electrical services, water filtration/treatment solutions, EV chargers, and Generac standby generators, plus an e-commerce storefront (Enercare Shop) and dedicated Business Solutions for commercial, builder, and property-manager customers.

Product overview

Enercare is a Canadian home comfort and energy solutions company offering a rental-based portfolio of HVAC (heating, cooling, heat pumps), water heating (tank and tankless), plumbing, electrical, and water treatment products and services to residential customers across Ontario, Alberta, British Columbia, Manitoba, and Quebec. The offering is structured around equipment rental (furnaces, air conditioners, heat pumps, water heaters) bundled with optional protection plans (Enercare Advantage, Enercare Home Plan), complemented by standalone service offerings (plumbing, electrical, water filtration), smart home add-ons (EV chargers, Generac generators), and an e-commerce shop. A self-serve customer portal (My Account) enables account management, billing, and appointment booking. Business solutions for commercial, builder, and property manager segments are also offered alongside the residential business.

Differentiator

Problem solved

Functional benefit

Products and services

  • Heat Pump Rental Rental of residential heat pump systems under Enercare's HVAC rental program, with prepaid credit-card incentives of up to $4,000 on new installations.
  • Air Conditioner Rental Rental of residential air conditioner units for cooling, with prepaid credit-card offers of up to $3,000 on select new installations.
  • Tankless Water Heater Rental Rental of on-demand (tankless) water heaters including Navien models, priced from $41.40/month after discount, with prepaid credit-card offers of up to $800 via Enercare Advantage.
  • Water Heater Rental Rental of traditional tank-style water heaters for residential customers, providing hot-water supply as part of Enercare's water solutions portfolio.
  • Furnace Rental Rental of furnace systems for residential heating, one of Enercare's foundational HVAC rental offerings serving Canadian homeowners.
  • Plumbing & Electrical Services Professional plumbing and electrical installation and repair services, including wiring, fixtures, and system upgrades for residential customers, performed by licensed technicians.
  • Water Filtration / Water Treatment Water filtration and treatment solutions including reverse osmosis filters and leak detectors, sold and serviced through Enercare's water-solutions category.
  • EV Charger Installation & Rental Electric vehicle charging station installation and rental services for residential customers.
  • Generac Standby Generator Residential standby generator products and services offered through a partnership with Generac, providing backup power solutions.
  • Enercare Shop E-commerce storefront selling home-comfort products including furnace filters, fire alarms, carbon monoxide detectors, reverse osmosis filters, and leak detectors, shipped directly to customers.
  • My Account Customer Portal Self-serve online customer portal enabling account management, appointment booking, billing access, and move requests for Enercare rental customers.
  • Commercial / Builder / Property Manager Services B2B service offerings targeting commercial properties, builders, and property managers, providing HVAC, water, and plumbing solutions for non-residential customers.

Companies that use EnerCare

Customer profile

Named customers4 records

Segments3 records

Ideal customer profiles2 records

EnerCare technology and API

Technology

Technology focussed No

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Feature1 record

EnerCare partnerships and signals

Strategic signal

Scale indicators3 records

Recent moves7 records

Expansion highlights5 records

EnerCare competitors and assessment

Company assessment

Direct peers

  • Reliance Home Comfort: Reliance Home Comfort is the closest direct competitor to EnerCare in Canada, offering HVAC, water heater, and plumbing equipment rental with similar subscription pricing, maintenance coverage, and multi-province service coverage. Both target the same residential customer pain point of high upfront equipment costs.
  • Direct Energy Home Services (NRG Energy): Direct Energy Home Services (part of NRG Energy) is a long-standing Canadian competitor offering HVAC and water heating rental/protection plans bundled with energy supply contracts. Same rental-first GTM model, same target homeowner, same multi-province footprint.
  • Service Experts Heating & Air Conditioning: Service Experts is a U.S. and Canadian HVAC service and replacement provider now wholly owned by EnerCare following its 2016 acquisition. It is a directly comparable service-led operator with similar technician network economics and HVAC replacement focus.
  • HomeServe USA: HomeServe is a leading home protection plan and emergency repair services provider in North America, with subscription-based HVAC, plumbing, electrical, and water line coverage. Highly comparable in GTM motion (subscription/contract) and customer experience (service network dispatch), though focused on warranty rather than equipment ownership.

Broad incumbents

  • Carrier Global (Carrier): Carrier is a global HVAC equipment OEM that also operates a large dealer/service network competing with EnerCare for installation and service revenue. Comparability is in service delivery and adjacent homeowner offering, not in the equipment rental model.
  • Trane Technologies: Trane Technologies is a global HVAC OEM with a substantial installed base in Canada and a dealer network that competes for service and replacement revenue against EnerCare. Comparable in product category and channel overlap though business model is equipment-led, not subscription-led.
  • Lennox International: Lennox International is a major HVAC equipment manufacturer with residential and light commercial systems and dealer/service operations. Relevant as a competitor for HVAC equipment sales and as a benchmark for residential HVAC service economics.
  • Lowe's Home Improvement (Installation Services): Lowe's operates a large HVAC, water heater, and home systems installation services business in North America that competes for the same replacement and installation customer as EnerCare. Comparable in residential install motion and category overlap, though positioned as a retailer-led service rather than subscription/rental.

Regional players

  • American Water Works Company: American Water is a U.S. investor-owned water and wastewater utility with residential service contracts. Comparable to EnerCare's water management expansion (via HydroSolution) in regulated water service economics, though operating under a utility model rather than a rental model.

Emerging players

  • Culligan (Water Treatment): Culligan is a leading North American water treatment and filtration brand with dealer/service network overlap into EnerCare's water filtration and reverse osmosis product line. Comparable in residential water treatment go-to-market and recurring service revenue, though not in HVAC.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

EnerCare social profiles

Digital presence

EnerCare compliance and trust

Trust signal

Compliance1 record

EnerCare financial estimates

Financial estimate

Revenue estimate

Valuation estimate

EnerCare leadership team

Management profile

Number of profiles

Profiles4 records

EnerCare subsidiaries and ownership

Company hierarchy

Subsidiaries2 records

EnerCare funding detail

Funding detail

Funding overview

Funding rounds1 record

Investors6 records

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

EnerCare M&A and investment

M&A and investment

M&A4 records

Investments

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

Frequently asked questions about EnerCare

What does EnerCare do?

EnerCare rents HVAC equipment (heat pumps, air conditioners, water heaters, furnaces) to Canadian residential customers under monthly subscription agreements, with installation, ongoing maintenance, and repair performed by licensed technicians. The company also delivers plumbing and electrical services, water filtration/treatment solutions, EV chargers, and Generac standby generators, plus an e-commerce storefront (Enercare Shop) and dedicated Business Solutions for commercial, builder, and property-manager customers.

Is EnerCare a public or private company?

EnerCare is a private company. It is classified as private equity controlled and is currently operating.

When was EnerCare founded?

EnerCare was founded in 1960. It employs 501 to 1,000 people.

Where is EnerCare based?

EnerCare is headquartered in Toronto, Canada, in the North America region.

How does EnerCare make money?

Three revenue lines are on record. Equipment Rental is the primary driver. The others are service and Maintenance and product Sales.

Who are EnerCare's main competitors?

Direct peers on record are Reliance Home Comfort, Direct Energy Home Services (NRG Energy), Service Experts Heating & Air Conditioning and HomeServe USA. Broad incumbents are Carrier Global (Carrier), Trane Technologies, Lennox International and Lowe's Home Improvement (Installation Services). American Water Works Company is listed as a regional player. Culligan (Water Treatment) is listed as an emerging player.

Does EnerCare have an API?

No public API is recorded for EnerCare.

What industry is EnerCare in?

EnerCare's product category is Residential HVAC & Home Services. Its primary akta.pro industry code is BPABACAA, HVAC Service, Maintenance & Repair, with a secondary code of HSAOAHAD, Heat Pump Repair & Maintenance. Its NAICS code is 53221 and its SIC code is 4961.

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TeranetJenine KrauseJenine Krause joined OMERS in September 2022 as an Asset Management Managing Director in Toronto. Before joining OMERS, she was CEO of Enercare Inc, where she transitioned the company from a public to a private entity owned by Brookfield Infrastructure Partners.openPR.comElectrical Repair Services Market Booming Worldwide( Forecast Period 2023-2029) With Top Player:Mister Sparky, Angi, Mr Electric, Thumbtack, HomeAdvisor, Henscey, EnercareQY Research published a market research report on the global electrical repair services market, covering market size, segmentation, regional trends and competitive analysis. The report segments the market by product type (emergency repairs, lighting repair, electrical panels repair) and application (residential, commercial, industrial), and profiles 11 leading players including Mister Sparky, Angi, Mr Electric, Thumbtack, HomeAdvisor, Henscey and Enercare. Financial figures were not disclosed.GlobeNewswireBrookfield Infrastructure Completes C$4.3 Billion Acquisition of Enercare Inc.Brookfield Infrastructure completed its acquisition of Enercare Inc. for C$29 per share, issuing 5,726,170 exchangeable limited partnership units. Enercare's common shares will be delisted from the Toronto Stock Exchange on October 17, 2018, and the company will cease to be a reporting issuer, while its subsidiary Enercare Solutions will remain a reporting issuer.GlobeNewswireEnercare Inc. to be Acquired by Brookfield Infrastructure in a C$4.3 Billion TransactionBrookfield Infrastructure agreed to acquire Enercare for C$29 per share, a C$4.3 billion deal valued at a 64% premium to Enercare's volume-weighted average share price. The transaction, expected to close in Q4 2018, includes a cash option for Canadian shareholders and is subject to shareholder and court approvals.YahooAcquisition of Service Experts Drives 81% Increase in Revenue and 22% Increase in Acquisition Adjusted EBITDAEnercare Inc. reported a significant increase in revenue and adjusted EBITDA following its acquisition of Service Experts on May 11, 2016. The company experienced an 81% rise in revenue to CAD 244.1 million and a 22% increase in acquisition adjusted EBITDA to CAD 74.7 million in the second quarter of 2016. These results were bolstered by increased HVAC sales and rental transactions despite cooler weather impacting initial sales opportunities.GlobeNewswireIIROC Trade Resumption / L'OCRCVM permet la reprise de la négociation - ECI (all issues)Trading in Enercare Inc. (ECI) resumes at 8:00 AM ET on March 8, 2016. The IIROC announcement notes that the organization can impose temporary trading halts to ensure fair and orderly markets, and it oversees Canadian investment dealers and trading activity.GlobeNewswireIIROC Trading Halt / Suspension de la negociation par l'OCRCVM - ECI (all issues)IIROC halted trading in EnerCare Inc. (TSX: ECI) on March 7, 2016, at 3:35 PM ET. The halt was due to pending news, and the suspension was implemented to ensure a fair and orderly market.GlobeNewswireIIROC Trade Resumption / L'OCRCVM permet la reprise de la négociation - ECI.RTrading in EnerCare Inc. (ECI.R) resumes on Aug. 18, 2014, at 8:30 AM ET. The IIROC announcement notes that the organization can impose temporary trading halts to ensure fair and orderly markets.GlobeNewswireIIROC Trading Halt / Suspension de la négociation par l'OCRCVM - ECI.RIIROC suspended trading in EnerCare Inc. (ECI.R) at 8:00 AM ET pending closing. The halt is issued in anticipation of a material news announcement, ensuring equal access to information for all investors.GlobeNewswireIIROC Trade Resumption / L'OCRCVM permet la reprise de la négociation - ECITrading in EnerCare Inc. (TSX: ECI) resumed on July 25, 2014, after a temporary suspension. IIROC, Canada's national self-regulatory organization, oversees such halts to ensure fair and orderly markets.