What Bay Electric does

Bay Electric Co., Inc. is a private, minority-owned electrical, general, and utility contracting company headquartered at 627 36th Street in Newport News, Virginia, founded in 1964 by Lawrence and Shirley Culbreth and acquired by John F. Biagas and his family in 1997. The company constructs, services, and provides power solutions for commercial, healthcare, government, and utility customers, with additional residential service work, supported by 11-50 employees and aggregate bonding capacity of $100 million.

The company's service portfolio spans commercial-grade solar photovoltaic systems (rooftop, parking lot, carport, and ground-mounted arrays), electric vehicle charging infrastructure (Level 2 and Level 3 fast chargers including school bus and multi-family installations), backup generator systems (operated as a Generac Authorized Service Dealer with units up to 2 megawatts), utility contracting (substations, medium and high-voltage distribution up to 34.5kV, switchgear, and shore power), and full-spectrum electrical construction for new builds, renovations, and retrofits. Technical capabilities include low and medium-voltage installation, splicing, transformer services, power distribution, and building automation for commercial, industrial, healthcare, hospitality, educational, and government facilities.

Bay Electric operates a sales-led, field-based go-to-market through competitive bidding on government contracts and direct quotes for commercial projects. Revenue derives primarily from project-based electrical construction and installation work (one-time contracts) supplemented by an ongoing service and maintenance department, general contracting/design-build work, and specialty utility contracting. Customer concentration skews toward federal agencies (U.S. Navy installations at Norfolk, Portsmouth, and New London; Langley AFB; NASA Langley; DIA), healthcare systems (Riverside Health System), and major utilities (Dominion Energy). The firm's competitive positioning rests on its SWAM, SBA 8(a) graduated, and V3 certifications, its bonding capacity, and 60 years of operating history in the Hampton Roads corridor.

Name

Bay Electric

Legal name

Bay Electric Co., Inc.

Website

https://bayelectricco.com

Company type

Private

Founded year

1964

Operating status

Operating

Headcount range

11–50 employees

Short description

Bay Electric Co., Inc. is a private, minority-owned electrical, general, and utility contracting company founded in 1964 in Hampton Roads, Virginia, serving commercial, healthcare, government, and utility customers with solar, EV charging, generator, and electrical infrastructure services.

Ownership category

akta.pro rank

Product category

Electrical Contracting Services

NAICS

Electrical Contractors and Other Wiring Installation Contractors (238210), Power and Communication Line and Related Structures Construction (237130), Electric Power Generation, Transmission and Distribution (2211), Solar Electric Power Generation (221114)

SIC

Electrical Work (1731), Electric Services (4911), Water, Sewer, Pipeline, Comm & Power Line Construction (1623), Electrical Industrial Apparatus (3620)

akta.pro primary industry

Electrical Contracting & Wiring (IMAFALAA)

akta.pro secondary industries

Electrical Balance-of-Plant EPC (MV Collection, Cabling, Earthing, Lighting) (EUAEADAB), Power Plant Electrical Systems EPC (Switchyard, Transformers, Protection & Controls) (EUAEAAAM), Overhead & Underground Collection System Construction (MV/HV Lines, Duct Banks) (EUAEADAG), Overhead Transmission Line EPC (HV/EHV) (EUAEABAA), Shore Power & Electrification Systems (Cold Ironing, Charging Interfaces) (IMAJAJAM)

Keywords

• Electrical contracting services
• Solar PV installation
• Commercial generator installation
• EV charging infrastructure
• Government construction contracts

Headquarters

HQ city

Newport News

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Supply Chain, Operations, Infrastructure, Marketing or Sales, Others

Revenue model

1. Electrical Construction Services: Project-based revenue from electrical construction, installation, and renovation services for commercial, healthcare, government, and utility customers. Includes new construction, remodeling, retrofitting, and specialized electrical connections.
2. Electrical Service & Maintenance: Ongoing service revenue from electrical repairs, maintenance, and inspections. Service department handles electrical and generator installations, replacements, repairs, and temporary power rentals for all customer types.
3. General Contracting: Full-service general contracting for design-build projects, including complete electrical infrastructure, construction management, and development consulting for multi-family residential, hospitality, and commercial properties.
4. Utility Contracting: Specialized utility contracting services including substation work, power distribution systems, and infrastructure connections for utility companies and municipal authorities.

Go-to-market motion3 records

Distribution channels3 records

Marketing channels5 records

Core offering

Bay Electric is an electrical, general, and utility contracting company that designs, constructs, services, and maintains electrical infrastructure for commercial, healthcare, government, and utility customers. Its offerings span medium and high-voltage electrical construction (up to 34.5kV), commercial solar PV installation (rooftop, carport, ground-mounted), EV charging infrastructure (Level 2 and Level 3), standby generator installation and maintenance as a Generac Authorized Service Dealer, and full general contracting for design-build projects.

Product overview

Bay Electric is an electrical, general, and utility contracting company offering a comprehensive portfolio of construction and installation services. The company's core offerings include solar installation services, electrical vehicle (EV) charging station installation (Level 2 and Level 3), general electrical services, utility services, government contracting, healthcare electrical services, commercial development, and generator services through a Generac Authorized dealer partnership. Services span commercial, healthcare, government, hospitality, educational, and manufacturing sectors, with projects ranging from residential backup generators to multi-megawatt utility-scale solar farms and government infrastructure projects.

Differentiator

Problem solved

Functional benefit

Quantifiable outcome

• Solar PV system generates over 120,000 kilowatt hours per year and offsets over 90 tons of carbon dioxide annually
• +3 more outcomes

Named customers16 records

Segments6 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Ten partnerships are on record, tiered core, minor and flagship.

• Hampton Roads Workforce CouncilcoreStrategic or Co-development PartnerBay Electric works closely with the Hampton Roads Workforce Council on workforce development initiatives. This partnership helps identify and develop quality employees while supporting the local community's workforce needs.
• New Horizons Regional Education CentercoreStrategic or Co-development PartnerPartnership with New Horizons Regional Education Center to support vocational training and career development in the skilled trades. Bay Electric helps enhance opportunities for local youth pursuing careers in electrical and construction fields.
• Virginia Values Veterans (V3)coreStrategic or Co-development PartnerCertified Virginia Values Veterans (V3) company actively hiring and supporting veterans in the workforce. Partnership supports transitioning military personnel into careers in the electrical and construction industry.
• Boys & Girls Clubs of Virginia PeninsulaminorStrategic or Co-development PartnerBay Electric sponsors and supports the Boys & Girls Clubs of Virginia Peninsula, investing in youth development and future workforce in the Hampton Roads community.
• Associated Builders & Contractors of Virginia (ABC-VA)coreChannel Partner/ Reseller/ DistributorActive member of ABC-VA providing access to industry resources, networking opportunities, and workforce development programs. Bay Electric benefits from membership while contributing to the broader construction community.
• Brooks Crossing Innovation + Opportunity CenterminorStrategic or Co-development PartnerBay Electric played a critical role in sponsoring the Brooks Crossing outreach center for youth and adult education programs in the Newport News community, part of the $30 million HUD grant redevelopment initiative.
• Lumbee TribeminorStrategic or Co-development PartnerPartnership with the Lumbee Tribe supporting diversity and inclusion in the workforce and construction industry.
• Chesapeake Independent Electrical ContractorsminorChannel Partner/ Reseller/ DistributorIndustry association membership representing independent electrical contractors in the Chesapeake area.
• Skanska USA Civil SoutheastflagshipImplementation/ SI/ Consulting PartnerBay Electric served as electrical contractor to Skanska USA Civil Southeast for the $27.8 million Norfolk Naval Shipyard Pier 5 Replacement project, one of the company's largest completed projects.
• GeneraccoreTechnology or IntegrationGenerac Authorized Service Dealer providing comprehensive installation, repair, maintenance, and diagnostic services for Generac standby generator products. This partnership enables Bay Electric to offer industry-leading backup power solutions.

Scale indicators10 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• Quanta Services: Quanta Services is the largest utility infrastructure services firm in North America, covering transmission, distribution, and renewable EPC. It is comparable to Bay Electric's utility contracting, substation, and overhead/underground collection work, albeit at vastly greater scale.
• Comfort Systems USA: Comfort Systems USA is a national mechanical and electrical contractor serving commercial, industrial, and institutional customers. Its electrical service offerings for healthcare, education, and government are broadly comparable to Bay Electric's segments.
• EMCOR Group: EMCOR Group is a publicly traded mechanical and electrical construction services leader with deep federal, healthcare, and commercial exposure. Its electrical services segment and federal contracting capabilities overlap materially with Bay Electric's portfolio.
• MYR Group: MYR Group is a publicly traded specialty electrical construction firm with a strong utility, T&D, and commercial focus. Its transmission, substation, and commercial electrical work are directly comparable to Bay Electric's utility and commercial portfolio.
• IES Holdings: IES Holdings is a publicly traded national electrical and communications infrastructure contractor with significant federal, commercial, and utility work. Its electrical solutions segment overlaps with Bay Electric's commercial electrical, utility, and industrial project portfolio.

Direct peers

• Faith Technologies: Faith Technologies is a large national electrical and integrated systems contractor with strong commercial, healthcare, and industrial exposure. It is comparable to Bay Electric's turnkey electrical, solar, and EV infrastructure offerings for healthcare and commercial customers.
• M.C. Dean: M.C. Dean is a mission-critical electrical contractor with deep federal, intelligence, and DoD work across the mid-Atlantic. It is directly comparable to Bay Electric's cleared electrical, substation, and government-contracting work for the Navy, DIA, and federal agencies.
• Rosendin Electric: Rosendin is one of the largest employee-owned electrical contractors in the U.S., with significant solar, EV charging, and mission-critical work. Its solar + EV capabilities and design-build model directly overlap with Bay Electric's solar PV and EV charging services.
• Helix Electric: Helix Electric is a national specialty electrical contractor serving commercial, industrial, healthcare, and institutional markets. Its mid-Atlantic presence and project mix closely mirror Bay Electric's commercial/government electrical construction work.

Regional players

• Cleveland Electric Company: Cleveland Electric is a large mid-Atlantic and Southeast electrical contractor with utility, industrial, and commercial work. It is comparable to Bay Electric's regional Virginia-based electrical and utility contracting footprint.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds

Investors

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 Bay Electric