RISE Engineering
RISE Engineering is a 100% employee-owned, turnkey energy-efficiency contractor serving residential, commercial, industrial, and public-sector customers across the Northeast US through utility program vendor partnerships.
- Company typePrivate
- Founded1978
- HeadquartersCreston, United States
- Headcount251–500
- GTM typeB2B
- OfferingServices
What RISE Engineering does
RISE Engineering, founded in 1978 and headquartered in Cranston, Rhode Island, is a turnkey energy-efficiency contractor and a division of the 100% employee-owned RISE Group, Inc. (parent: Thielsch Group, Inc.). The company delivers end-to-end services spanning energy assessments, LED lighting retrofits, HVAC optimization, building automation systems, variable frequency drives, insulation and air sealing, solar PV installations, EV charging infrastructure, and UV-C air and surface sanitization across residential, multifamily, small business, commercial/industrial, hospitality, and public-sector customers in the Northeast US. Operations are supported by field offices in Massachusetts (Hyannis, Springfield) and New York (Albany, East Rochester, Forest Hills).
The core technology stack is conventional building-systems engineering rather than software — physical installations of efficient lighting, HVAC controls, drives, and renewable/electrification hardware, integrated through web-based energy management systems in select projects. Service differentiation rests on licensed specialist capability, warranty-backed installation, and direct navigation of utility and government incentive programs. RISE's go-to-market is hybrid: utility program vendor referrals (National Grid, Eversource, Cape Light Compact, RI Energy, Mass Save) drive top-of-funnel demand, no-cost energy assessments convert mid-funnel, and direct field sales close C&I and public-sector projects including the State of Rhode Island Master Price Agreement 508.
Revenue is generated primarily through professional services (project fees for assessment, design, installation, and project management) supplemented by managed services for utility program administration and hardware sales for solar PV and EV charging. Customer out-of-pocket costs are typically offset 50–100% by utility incentives, government grants (CommerceRI REF), and CPACE financing, with most projects paying back in under two years. The company is 100% employee-owned through an ESOP and leadership continuity is anchored by Vincent Graziano (President/CEO of Thielsch Group since 2020) and Chairman Tim Hebert.
RISE Engineering firmographics
Firmographics- Name
- RISE Engineering
- Legal name
- RISE Group Inc.
- Website
- https://riseengineering.com
- Company type
- Private
- Founded year
- 1978
- Operating status
- Operating
- Headcount range
- 251–500 employees
- Short description
- RISE Engineering is a 100% employee-owned, turnkey energy-efficiency contractor serving residential, commercial, industrial, and public-sector customers across the Northeast US through utility program vendor partnerships.
- Ownership category
- akta.pro rank
RISE Engineering industry classification
Industry- Product category
- Energy Efficiency Services
- NAICS
- Electric Power Generation, Transmission and Distribution (2211), Electric Lighting Equipment Manufacturing (33513)
- SIC
- Electric Lighting & Wiring Equipment (3640), Switchgear & Switchboard Apparatus (3613)
- akta.pro primary industry
- Turnkey distribution buildouts (feeders, reclosers, capacitor banks, line extensions) (EUADAKAK)
- akta.pro secondary industries
- LED Retrofit & Lighting Upgrade Installation (HSAOAFAH), Cables, Connectors & Electrical BOS Components Manufacturing (MV/HV, Subsea, Harnesses) (EUAMAHAK)
Keywords
Where RISE Engineering is headquartered
LocationHeadquarters
- HQ city
- Creston
- HQ country
- United States
- HQ region
- North America
Offices6 records
Markets served
RISE Engineering business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure
Revenue model
- Energy Efficiency Installation Services: RISE provides turnkey energy-efficiency installation services to residential, commercial, industrial, and institutional customers. Revenue is generated through project fees for assessment, installation, and project management services. Customer costs are significantly offset by utility rebates and government incentives.
- Utility Program Administration Support: RISE works as a program vendor for utilities and program sponsors, administering and supporting energy-efficiency programs throughout the Northeast.
- Solar PV and EV Charging Infrastructure: Installation of commercial solar photovoltaic systems and EV charging stations, with revenue generated through equipment installation and project management, offset by federal tax credits and utility incentives.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Pay-as-you-go | No-cost energy assessment followed by incentive-offset installation |
| Other | Pay-as-you-go | Incentive-offset projects for residential and small business |
| Other | Multi-year contract | Large commercial and industrial retrofit projects |
Go-to-market motion2 records
Distribution channels4 records
Marketing channels6 records
RISE Engineering product offering
Product offeringCore offering
RISE Engineering provides turnkey energy-efficiency services — from no-cost on-site energy assessments through design, installation, project management, and warranty — covering LED lighting retrofits, HVAC optimization, building automation, variable frequency drives, insulation/air sealing, solar PV systems, EV charging stations, and UV-C air sanitization. The company delivers these services to residential, multifamily, small-business, commercial, industrial, hospitality, and public-sector customers across the Northeast US, primarily as an authorized program vendor for major utilities such as National Grid, Eversource, Cape Light Compact, and RI Energy.
Product overview
RISE Engineering offers a comprehensive portfolio of energy-efficiency services as a turnkey provider since 1978. The company operates across multiple segments including residential (single-family and multifamily properties), small business, commercial and industrial facilities, hotels, and public sector entities. Core services include no-cost energy assessments, LED lighting retrofits, building automation systems, variable frequency drives, insulation and air sealing, HVAC upgrades, solar photovoltaic installations, and EV charging station deployment. The company also provides specialized UV air and surface sanitization solutions. Services are delivered through partnerships with utility program sponsors including National Grid, Eversource, Cape Light Compact, and RI Energy, with financial incentives covering 50-100% of project costs for eligible customers.
Differentiator
Problem solved
Functional benefit
Products and services
- Homeowners & Tenants Energy Efficiency Services Comprehensive residential energy-efficiency services for single-family homes (1–4 units), delivered on behalf of utilities and program sponsors. Includes on-site energy assessments, insulation, air sealing, LED lighting, smart thermostats, and heating/cooling upgrades, with utility incentives offsetting 75–100% of project cost for eligible homeowners.
- Multifamily Properties Energy Services Energy-efficiency services for residential communities of 5+ units, including exterior and interior upgrades, condominium projects, and coordinated utility incentive programs. Scope includes weatherization, boiler upgrades, pipe insulation, air sealing, attic insulation, and common-area lighting.
- Small Business Energy Efficiency Program Administration of utility-sponsored electric and gas small-business energy-efficiency programs and direct installation services. Includes lighting retrofits, HVAC controls, occupancy sensors, and water-saving measures, with incentives typically covering 75–100% of project cost.
- Commercial & Industrial Facilities Services Comprehensive energy-efficiency retrofit project management for commercial and industrial facilities. Scope includes lighting, HVAC, refrigeration, VFDs, building automation systems, and web-based energy management, with utility incentives covering up to 50% of project cost for large energy users.
- Hotel Energy Efficiency Solutions Segment-specific energy-efficiency upgrades for hotels, covering lighting and occupancy sensors, building automation systems, VFDs, water devices, pipe insulation, and refrigeration/hood controls. Designed to reduce operating expenses and improve guest comfort.
- Public Sector Energy Services Energy-efficiency retrofit services for municipal, county, state, federal, and institutional customers delivered under State of Rhode Island Master Price Agreement 508. Scope includes LED street lighting, building retrofits, mechanical-room upgrades, and solar PV with utility/state incentive coordination.
- EV Charging Stations Installation End-to-end EV charging station solutions performed by RISE licensed specialists, covering site analysis, design, installation, and warranty protection for multifamily, workplace, retail, employer, municipal, and commercial facilities. Customers gain access to utility and government incentives that substantially reduce required investment.
- UV Air and Surface Sanitization UV-C Mercury Vapor lighting solutions for virus and bacteria eradication, deployed via specialty lighting fixtures, portable light stations, and HVAC ductwork-installed kits. Targeted at retail spaces, manufacturing, schools, municipal facilities, office buildings, and hotels.
- Solar Photovoltaic (PV) Installation Commercial solar PV installations providing long-term protection from escalating electric rates. Customers access substantial state incentives, utility incentives, federal tax credits, and C-PACE financing to reduce initial investment.
- No-Cost Energy Assessments Free on-site energy evaluations across all customer segments that identify efficiency opportunities, scope potential upgrades, and quantify available utility and government incentives. Functions as the company's primary lead-generation and customer-acquisition service.
Quantifiable outcome
- 31% utility bill savings for small business customer
- +4 more outcomes
Companies that use RISE Engineering
Customer profileNamed customers12 records
Segments6 records
Ideal customer profiles4 records
RISE Engineering technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
RISE Engineering partnerships and signals
Strategic signalPartnerships
Eight partnerships are on record, tiered minor, core and strategic.
- Thermostat Recycling Corporation (TRC)minorRISE has been a recycling partner with TRC, a non-profit stewardship organization that facilitates proper disposal of mercury-containing thermostats. RISE has been recognized as a top recycler of mercury-containing thermostats in Rhode Island since 2016.
- National GridcoreNational Grid is a key program sponsor and utility partner. RISE serves as National Grid's program vendor for energy-efficiency programs, installing LED lighting, HVAC upgrades, and other efficiency measures. National Grid provides financial incentives that can cover significant portions of project costs for eligible customers. Projects include residential, commercial, multifamily, and public-sector retrofits.
- Eversource EnergycoreEversource is a major utility partner and program sponsor in Massachusetts. RISE serves as Eversource's Small Business Direct Install Program vendor, providing energy assessments and efficiency installations for commercial customers including LED lighting, HVAC controls, and water-saving measures.
- Cape Light CompactcoreCape Light Compact is a Massachusetts energy program sponsor. RISE serves as a vendor for their Small Business Direct Install Program and Multifamily Retrofit Program, providing LED lighting and comprehensive efficiency upgrades.
- Rhode Island Energy (RI Energy)coreRhode Island Energy is a program sponsor in Rhode Island. RISE serves as their program vendor for residential, multifamily, and commercial energy-efficiency programs, providing assessments, installations, and coordinating incentives.
- Rhode Island Department of Transportation (RIDOT)strategicRISE partnered with RIDOT, the RI Office of Energy Resources, and National Grid to install EV fast chargers at Park & Ride commuter lots in Warwick and Hopkinton as part of a pilot program.
- Mass SavecoreMass Save is an initiative sponsored by Massachusetts gas and electric utilities. RISE serves as a vendor for their Multifamily Retrofit Program and Small Business Direct Install, providing comprehensive energy efficiency services including LED lighting, HVAC upgrades, and insulation.
- RI Office of Energy ResourcesstrategicRI Office of Energy Resources partnered with RISE on EV charging station installations at Park & Ride lots and provided enhanced incentives for projects like the Cranston street lighting retrofit.
Scale indicators7 records
Recent moves7 records
Expansion highlights5 records
RISE Engineering competitors and assessment
Company assessmentDirect peers
- Willdan Group: Willdan is a publicly traded energy-efficiency and engineering services firm that delivers utility program administration, retrofits, and consulting across multiple states. It acquired Lime Energy to deepen direct-install capability, making it a direct competitor for the same National Grid / Mass Save-style program-vendor work RISE performs.
- CLEAResult: CLEAResult (owned by ENGIE) is one of the largest North American energy-efficiency program administrators and implementation contractors. It directly competes with RISE for utility direct-install and C&I retrofit program contracts across the Northeast.
- Franklin Energy: Franklin Energy delivers utility energy-efficiency program design, implementation, and direct installation services for residential, multifamily, and commercial customers. It is a directly comparable program-vendor peer serving many of the same utility sponsors as RISE.
- TRC Companies: TRC provides energy, environmental, and engineering services including utility energy-efficiency program implementation, retro-commissioning, and C&I consulting. It competes with RISE for large utility and municipal retrofit mandates.
- Resource Innovations: Resource Innovations is an energy-efficiency consulting and implementation firm serving utilities, governments, and C&I customers with program design, EM&V, and direct install services. Comparable to RISE in serving utility program sponsors across multiple states.
Broad incumbents
- NORESCO: NORESCO (a Carrier subsidiary) is a long-established energy services company specializing in performance contracting, retro-commissioning, and large-scale C&I efficiency projects. It competes with RISE for institutional, municipal, and large commercial retrofit scopes.
- ICF International: ICF provides energy advisory, climate, and infrastructure consulting to utilities, governments, and C&I customers. While broader than RISE, it competes for utility program design and implementation work and is a relevant adjacent peer.
- DNV: DNV delivers energy advisory, testing, and certification services for utilities, renewables, and C&I customers. It overlaps with RISE in energy program support, building decarbonization advisory, and renewable/DER-related services.
Regional players
- CEG Solutions: CEG Solutions is a smaller energy services firm focused on public-sector and institutional retro-commissioning and energy-efficiency projects in the Mid-Atlantic/Northeast. Comparable to RISE in customer base and project types, though smaller and more regionally focused.
- Energy Management Solutions (EMS): EMS is a regional energy-efficiency contractor serving the Northeast with turnkey lighting, HVAC, and controls retrofits for commercial and institutional customers. Directly comparable to RISE in service mix and customer profile, though smaller in scale.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
RISE Engineering social profiles
Digital presenceRISE Engineering financial estimates
Financial estimateRevenue estimate
Valuation estimate
RISE Engineering leadership team
Management profileNumber of profiles
Profiles3 records
RISE Engineering funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
RISE Engineering 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 RISE Engineering
What does RISE Engineering do?
RISE Engineering provides turnkey energy-efficiency services — from no-cost on-site energy assessments through design, installation, project management, and warranty — covering LED lighting retrofits, HVAC optimization, building automation, variable frequency drives, insulation/air sealing, solar PV systems, EV charging stations, and UV-C air sanitization. The company delivers these services to residential, multifamily, small-business, commercial, industrial, hospitality, and public-sector customers across the Northeast US, primarily as an authorized program vendor for major utilities such as National Grid, Eversource, Cape Light Compact, and RI Energy.
Is RISE Engineering a public or private company?
RISE Engineering is a private company. It is classified as management employee owned and is currently operating.
When was RISE Engineering founded?
RISE Engineering was founded in 1978. It employs 251 to 500 people.
Where is RISE Engineering based?
RISE Engineering is headquartered in Creston, United States, in the North America region.
How does RISE Engineering make money?
Three revenue lines are on record. Energy Efficiency Installation Services are the primary driver. The others are utility Program Administration Support and solar PV and EV Charging Infrastructure.
Who are RISE Engineering's main competitors?
Direct peers on record are Willdan Group, CLEAResult, Franklin Energy, TRC Companies and Resource Innovations. Broad incumbents are NORESCO, ICF International and DNV. Regional players are CEG Solutions and Energy Management Solutions (EMS).
Does RISE Engineering have an API?
No public API is recorded for RISE Engineering.
What industry is RISE Engineering in?
RISE Engineering's product category is Energy Efficiency Services. Its primary akta.pro industry code is EUADAKAK, Turnkey distribution buildouts (feeders, reclosers, capacitor banks, line extensions), with a secondary code of HSAOAFAH, LED Retrofit & Lighting Upgrade Installation. Its NAICS code is 2211 and its SIC code is 3640.