Icetec Energy Services
Icetec Energy Services was a Pennsylvania-based energy optimization firm founded in 2002, serving businesses, institutions, and individuals with energy management, grid flexibility, and carbon reduction solutions. The company has been fully acquired by and integrated into Veolia North America.
- Company typePrivate
- Founded2002
- HeadquartersPennsylvania Furnace, United States
- Headcount11–50
- GTM typeB2B
- OfferingServices
What Icetec Energy Services does
Icetec Energy Services was a private energy optimization company founded in 2002 and headquartered in Pennsylvania Furnace, Pennsylvania. Operating with a small team of 11-50 employees, the firm served businesses, institutions, and individuals with energy management services aimed at reducing consumption, managing grid flexibility, and lowering carbon footprints. Its stated mission was to change how organizations and end-users think about and manage energy consumption.
The company's core offering centered on proprietary energy optimization technology delivered as a services platform, addressing functional problems around energy cost reduction, demand management, and decarbonization. The product was positioned within Veolia North America's broader environmental services stack following acquisition, where it now sits alongside Water, Waste, and Energy capabilities and specialty brands such as Hubgrade, Air Quality, Water Technologies, Nuclear Solutions, and Industries Global Solutions. The acquisition brought grid flexibility and carbon reduction solutions into Veolia's integrated energy portfolio, but the underlying technical architecture, data assets, and integration specifics for the original Icetec technology are not detailed in available source data.
The business model was B2B-oriented, with services delivered through direct sales relationships; post-acquisition, customers are routed through Veolia North America's contact representatives and waste management customer portal. No pricing models, contract structures, revenue figures, or customer segment breakdowns have been publicly disclosed. The firm operated regionally in the United States prior to integration, and no information on funding history, investors, headcount growth, or financial performance is available in the source material.
Icetec Energy Services firmographics
Firmographics- Name
- Icetec Energy Services
- Website
- https://icetec.com
- Company type
- Private
- Founded year
- 2002
- Operating status
- Acquired
- Headcount range
- 11–50 employees
- Short description
- Icetec Energy Services was a Pennsylvania-based energy optimization firm founded in 2002, serving businesses, institutions, and individuals with energy management, grid flexibility, and carbon reduction solutions. The company has been fully acquired by and integrated into Veolia North America.
- Ownership category
- akta.pro rank
Icetec Energy Services industry classification
Industry- Product category
- Energy Management Services
- NAICS
- Electric Power Generation, Transmission and Distribution (2211), Electric Power Generation (22111)
- SIC
- Electric Services (4911), Electric & Other Services Combined (4931)
- akta.pro primary industry
- C&I Energy Optimization, Peak Shaving & Demand Charge Management Software (EUAFAKAE)
- akta.pro secondary industries
- Building Energy Management & Demand Flexibility Software (BEMS, Optimization) (EUAFAGAK), Repowering, Augmentation & Retrofit Integration (Capacity Expansion) (EUAEAEAL)
Keywords
Where Icetec Energy Services is headquartered
LocationHeadquarters
- HQ city
- Pennsylvania Furnace
- HQ country
- United States
- HQ region
- North America
Markets served
Icetec Energy Services business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales
Distribution channels1 record
Icetec Energy Services product offering
Product offeringCore offering
Icetec Energy Services provided energy optimization services designed to help businesses, institutions, and individuals better manage and reduce their energy consumption. Its core capabilities centered on grid flexibility management and carbon reduction solutions, which have now been fully integrated into Veolia North America's comprehensive energy services portfolio. Customers continue to access these capabilities through Veolia's direct representative channel.
Product overview
Icetec Energy Services operated as a standalone energy optimization company before being fully integrated into Veolia North America's brand. The offering now consists of Veolia's unified energy optimization capabilities platform, encompassing grid flexibility management, carbon reduction, and broader environmental solutions. The company also offers specialized services across Water, Waste, and Energy sectors through Veolia's global specialty brands including Air Quality, Water Technologies, Nuclear Solutions, and Industries Global Solutions.
Differentiator
Problem solved
Functional benefit
Products and services
- Veolia Energy Optimization Capabilities Comprehensive energy optimization services encompassing grid flexibility management and carbon reduction solutions, now offered under the Veolia North America brand following the Icetec integration. Designed for businesses, institutions, and individuals seeking to better manage and reduce their energy consumption.
Companies that use Icetec Energy Services
Customer profileIdeal customer profiles1 record
Icetec Energy Services technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Icetec Energy Services partnerships and signals
Strategic signalRecent moves4 records
Expansion highlights4 records
Icetec Energy Services competitors and assessment
Company assessmentDirect peers
- Uplight: Energy management software provider for utilities and their customers, covering energy efficiency, demand response, and grid flexibility programs. Comparable as a direct peer in software-enabled energy optimization and demand flexibility.
- EnergyHub: Provider of a DERMS platform that enables utilities and energy service providers to manage residential and C&I demand response and distributed energy resources. Comparable as a direct peer in demand flexibility and grid-edge optimization.
- Enel X (now Enel X Way / Enel): Enel's energy services arm (formerly Enel X) provides demand response, energy optimization, and grid flexibility solutions to commercial and industrial customers. Comparable as a direct competitor in C&I energy optimization and grid flexibility.
- Engie Impact: ENGIE's energy and sustainability services arm offering energy management, optimization, and carbon reduction solutions to enterprise and institutional clients globally. Comparable as a direct competitor in the energy optimization and decarbonization services market Icetec addressed.
- GridPoint: Provider of energy management and building energy management software for C&I customers, focusing on energy optimization, demand charge management, and grid flexibility. Comparable as a direct, specialized peer in C&I energy optimization software.
Broad incumbents
- Johnson Controls: Global provider of building management systems, HVAC, and energy optimization solutions for commercial and industrial facilities. Comparable as an incumbent in building energy management and demand flexibility software.
- Veolia North America: Parent company and acquirer of Icetec; operates the integrated energy optimization, water, and waste capabilities that now subsume Icetec's offerings. Directly comparable as the platform into which Icetec's services have been folded.
- Schneider Electric: Global energy management and automation leader offering EcoStruxure, energy optimization software, and grid-edge solutions for buildings, data centers, and industry. Comparable as an incumbent in the energy optimization and demand management software category.
- Honeywell Building Technologies: Honeywell's building automation and energy management division providing BEMS, demand flexibility, and building optimization solutions. Comparable as a broad incumbent serving C&I energy optimization use cases similar to Icetec.
Regional players
- Ameresco: North America-focused energy efficiency and renewable energy services firm offering energy optimization, carbon reduction, and grid flexibility solutions to public and commercial clients. Comparable as a regional peer addressing the same C&I and institutional energy optimization market.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat2 records
Key risks5 records
Key highlights4 records
Customer concentration
Icetec Energy Services financial estimates
Financial estimateRevenue estimate
Valuation estimate
Icetec Energy Services leadership team
Management profileNumber of profiles
Icetec Energy Services funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Icetec Energy Services 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 Icetec Energy Services
What does Icetec Energy Services do?
Icetec Energy Services provided energy optimization services designed to help businesses, institutions, and individuals better manage and reduce their energy consumption. Its core capabilities centered on grid flexibility management and carbon reduction solutions, which have now been fully integrated into Veolia North America's comprehensive energy services portfolio. Customers continue to access these capabilities through Veolia's direct representative channel.
When was Icetec Energy Services founded?
Icetec Energy Services was founded in 2002. It employs 11 to 50 people.
Where is Icetec Energy Services based?
Icetec Energy Services is headquartered in Pennsylvania Furnace, United States, in the North America region.
Who are Icetec Energy Services's main competitors?
Direct peers on record are Uplight, EnergyHub, Enel X (now Enel X Way / Enel), Engie Impact and GridPoint. Broad incumbents are Johnson Controls, Veolia North America, Schneider Electric and Honeywell Building Technologies. Ameresco is listed as a regional player.
Does Icetec Energy Services have an API?
No public API is recorded for Icetec Energy Services.
What industry is Icetec Energy Services in?
Icetec Energy Services's product category is Energy Management Services. Its primary akta.pro industry code is EUAFAKAE, C&I Energy Optimization, Peak Shaving & Demand Charge Management Software, with a secondary code of EUAFAGAK, Building Energy Management & Demand Flexibility Software (BEMS, Optimization). Its NAICS code is 2211 and its SIC code is 4911.