Efficiency Vermont
Efficiency Vermont is the nation's first statewide Energy Efficiency Utility, delivering ratepayer-funded rebates, financing, assessments, and trade-partner programs to reduce energy costs for Vermont households, businesses, and low-income residents.
- Company typePrivate
- Founded2000
- HeadquartersBurlington, United States
- Headcount1–10
- GTM typeB2B and B2C
- OfferingServices
What Efficiency Vermont does
Efficiency Vermont, established in 2000, is the nation's first statewide Energy Efficiency Utility (EEU), operating under an Order of Appointment from the Vermont Public Utility Commission and administered by parent organization Vermont Energy Investment Corporation (VEIC). The organization is headquartered in Winooski, Vermont, and delivers energy efficiency programs to all Vermont residents and businesses, funded through a charge on Vermont electric bills rather than through commercial sales. Since inception it has documented $3.67 billion in cumulative Vermont customer savings and 14.8 million metric tons of greenhouse gas reductions (2000–2025), and in 2025 alone served 36,509 households and 1,965 businesses, generating 49,000+ MWh of electricity savings and $139 million in lifetime customer savings.
The product surface spans rebates (heat pumps up to $6,500, LED lighting, ENERGY STAR appliances and air purifiers, commercial HVAC and refrigeration), low-interest financing (Home Energy Loans up to $25,000 over 15 years), virtual and in-person energy assessments, weatherization services, custom project support for industrial/manufacturing customers, and specialized offerings in advanced wood heating, agricultural equipment, EV charging, and renewable energy systems. The underlying technology stack is conventional building-science and equipment-efficiency expertise — heat pump systems, LED lighting controls, smart home integration, commercial refrigeration optimization, and weatherization methods — supplemented by a 2024 voluntary Advanced Manufactured Home certification requiring 50%+ energy reduction versus conventional manufactured housing. Delivery is enabled by the Efficiency Excellence Network (EEN) of over 450 independent trade professionals across 810 contractor companies, 617 equipment suppliers, 109 retailers, and 55 building design firms.
The business model is a regulated EEU structure: Efficiency Vermont designs and delivers programs approved by the Vermont PUC, funded by ratepayer charges, with no equity capital or venture funding. Go-to-market combines direct customer service (toll-free 1-888-921-5990, website), inside sales for free business consultations, channel partners (EEN contractors, utilities such as Green Mountain Power, Burlington Electric Department, Vermont Electric Coop, Washington Electric Co-op, Stowe Electric Department, and Vermont Gas Systems), and community partnerships. Primary customer segments are residential households (including low-income and renters), Vermont businesses across retail, hospitality, agriculture, and manufacturing, and trade partners serving as the on-the-ground delivery channel. Leadership is led by Managing Director Peter Walke; the organization is currently in a three-year regulatory planning cycle with the Vermont Public Utility Commission focused on energy affordability and an annual $1.5 million commitment to low-income weatherization.
Efficiency Vermont firmographics
Firmographics- Name
- Efficiency Vermont
- Legal name
- Efficiency Vermont
- Website
- https://efficiencyvermont.com
- Company type
- Private
- Founded year
- 2000
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Efficiency Vermont is the nation's first statewide Energy Efficiency Utility, delivering ratepayer-funded rebates, financing, assessments, and trade-partner programs to reduce energy costs for Vermont households, businesses, and low-income residents.
- Ownership category
- akta.pro rank
Efficiency Vermont industry classification
Industry- Product category
- Energy Efficiency Services
- NAICS
- Administrative and Support Services (561), Administration of Environmental Quality Programs (924)
- SIC
- Auto Controls For Regulating Residential & Comml Environments (3822), Electric, Gas & Sanitary Services (4900)
- akta.pro primary industry
- Energy, Utilities & Sustainability Management (BPABAAAF)
- akta.pro secondary industries
- Performance Contracting & Energy-as-a-Service (EaaS) for Buildings (BPABAGAN), Decarbonization Strategy & Marginal Abatement Cost Curve (MACC) Advisory (EUABAKAC), HVAC System Replacement & Change-Outs (HSAOAGAB), Building Performance, Energy Auditing & HVAC Efficiency (EDAOACAM)
Keywords
Where Efficiency Vermont is headquartered
LocationHeadquarters
- HQ city
- Burlington
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Efficiency Vermont business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D, Others
Revenue model
- Ratepayer-Funded Energy Efficiency Programs: Efficiency Vermont is a regulated statewide Energy Efficiency Utility (EEU) funded through a charge on Vermont electric bills. The organization designs and delivers efficiency programs approved by the Vermont Public Utility Commission, using these funds to provide rebates, financing, technical services, and workforce development.
- Rebate Administration: Efficiency Vermont administers various rebate programs for energy-efficient products and services. Rebates are funded through ratepayer charges and offered to residential customers, businesses, and trade partners for qualifying efficiency upgrades.
- Energy Financing Programs: Provides low-interest financing (Home Energy Loan up to $25,000 with terms up to 15 years, Business Energy Loan with deferred payments) to help customers fund efficiency improvements. The organization connects borrowers to lenders and facilitates financing as part of comprehensive efficiency services.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Freemium | One time | Free Virtual Home Energy Visit for residential electric utility customers |
| Unit Pricing | One time | Rebates for residential heat pumps and water heaters |
| Unit Pricing | One time | Air purifier rebates for ENERGY STAR models |
| Subscription | Annual | Low-interest Home Energy Loan for weatherization and heating improvements |
| Unit Pricing | One time | Builder incentive for Advanced Manufactured Homes |
| Usage-based | Multi-year contract | Tools of the Trade business coaching program participant incentives |
| Unit Pricing | One time | Business HVAC rebates |
| Unit Pricing | One time | Commercial wood heating system rebates |
| Freemium | One time | Free business energy consultation |
| Transaction based/ take rate | One time | Custom Project Support for non-standard efficiency projects |
Go-to-market motion3 records
Distribution channels5 records
Marketing channels9 records
Efficiency Vermont product offering
Product offeringCore offering
Efficiency Vermont is the statewide Energy Efficiency Utility (EEU) for Vermont, providing rebates, low-interest financing, energy assessments, and technical services to help residents and businesses reduce energy consumption. The organization administers ratepayer-funded programs including heat pump rebates, LED lighting incentives, weatherization services, and commercial refrigeration upgrades, delivered through a network of 450+ independent contractors. It also offers custom project support for industrial and commercial customers and income-based assistance for low-income Vermonters.
Product overview
Efficiency Vermont operates as a statewide energy efficiency utility offering a comprehensive suite of services, rebates, and programs to help Vermonters reduce energy costs. The core offerings include: rebates on energy-efficient products (heat pumps, LED lighting, appliances, refrigeration), financing options (low-interest loans up to $25,000), energy assessments (virtual and in-person), weatherization services, and income-based assistance programs. The organization connects customers with over 450 contractors through the Efficiency Excellence Network (EEN). Additional services include custom project support for commercial and industrial customers, agricultural equipment programs, EV charging incentives, and smart home technology integration. The company also hosts annual events like Better Buildings by Design and publishes research including the Vermont Energy Burden Report.
Differentiator
Problem solved
Functional benefit
Products and services
- Virtual Home Energy Visit A free virtual home energy assessment delivered via video chat (approximately 1.5 hours) where an Efficiency Vermont energy expert evaluates the home, provides personalized recommendations, and lists next steps. Available to residential electric utility customers, with translation services in over 200 languages.
- Rebates Program Cash rebates and incentives for energy-efficient products and upgrades including heat pumps, insulation, lighting, appliances, and more for residential and business customers. Funded through ratepayer charges and offered for qualifying efficiency upgrades.
- Energy Financing Options Low-interest loans including the Home Energy Loan (up to $25,000 with terms up to 15 years) and Business Energy Loan with deferred payments to help customers fund efficiency improvements. Can be processed in as little as two business days with low-to-no closing costs.
- Energy Assessments Professional and DIY energy assessments for homes and businesses to identify where energy is being lost and recommend cost-effective improvements.
- Weatherization Services Insulation, air sealing, and comprehensive weatherization services for residential and commercial properties to improve energy efficiency and comfort.
- Income-Based Assistance Program Free or reduced-cost energy-saving products, appliances, and weatherization services for income-qualified Vermont renters and homeowners, with $1.5 million annually directed to Weatherization Assistance Programs.
- Custom Project Support Custom financial and technical support for efficiency projects not eligible for standard rebates, particularly for commercial kitchens, industrial processing, manufacturing, and businesses with multiple shifts. Provides personalized recommendations and custom rebates to minimize upfront costs.
- Efficiency Excellence Network (EEN) A trade network of over 450 independent efficiency professionals including contractors, architects, builders, installers, suppliers, and distributors providing energy efficiency services across Vermont. Members receive exclusive access to incentives, financing, training, and co-op marketing funds.
- Tools of the Trade Business Coaching Program Nine-month business coaching program for energy and weatherization contractors launched January 2026. Provides monthly interactive sessions, one-on-one coaching, peer learning, and access to industry professionals. Eligible graduates can receive up to $1,500 in business support incentives.
- Advanced Manufactured Home Program Voluntary certification standard introduced in 2024 requiring manufactured homes to consume at least 50% less energy than conventional manufactured homes, using heat pumps for heating and cooling. Offers builders a $3,000 incentive per certified home, with residents saving approximately $2,700 annually on utility bills.
- Better Buildings by Design Conference Annual conference drawing 840+ building professionals from across the Northeast to focus on affordability, energy resilience, and workforce development. Features Best of the Best awards recognizing innovative projects in energy efficiency, affordable housing, and workforce development.
- Free Business Energy Consultation Free customized energy consultation service for businesses. Includes a prioritized plan, resources, financial incentives, and custom rebates to minimize upfront cost for commercial efficiency projects.
Quantifiable outcome
- Over $3.67 billion saved by Vermonters in lifetime energy costs (2000-2025)
- +5 more outcomes
Companies that use Efficiency Vermont
Customer profileNamed customers9 records
Segments6 records
Ideal customer profiles5 records
Efficiency Vermont technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
Efficiency Vermont partnerships and signals
Strategic signalPartnerships
15 partnerships are on record, tiered core and minor.
- Vermont Sustainable Jobs Fund (VSJF)corePartnership to deliver the Tools of the Trade business coaching program for energy and weatherization contractors. The nine-month program runs January through September 2026, providing business development support and training.
- Vermont Gas SystemscoreCo-funder of the Tools of the Trade business coaching program, supporting contractor development in weatherization and energy efficiency.
- Burlington Electric DepartmentcoreCo-funder of the Tools of the Trade business coaching program, contributing to workforce development in energy efficiency.
- Vermont Department of Forests, Parks & RecreationminorPartnered on Mettowee Mint advanced wood heating project, providing technical assistance and expertise on wood energy for agricultural businesses.
- Groundworks Collaborative (Foodworks)coreEfficiency Vermont partnered with Groundworks/Foodworks to install high efficiency refrigeration, reducing operating costs for the free grocery store and food shelf serving the Brattleboro community.
- Pomerleau Real EstateminorProperty owner collaborated with Efficiency Vermont to upgrade Vista Market's lighting and refrigeration, sharing costs and benefits with tenant.
- Windham & Windsor Housing TrustminorPartnered on zero-energy modular home project in Springfield, Vermont, transforming a fire-damaged lot into affordable, energy-efficient housing.
- Green Mountain PowercoreMajor Vermont utility offering off-peak EV charging rates, home battery storage incentives, and free Level 2 EV charger programs in coordination with Efficiency Vermont.
- Burlington Electric DepartmentcoreVermont utility offering 'Defeat the Peak' program and monthly EV charging credits for off-peak charging, coordinating with Efficiency Vermont.
- Vermont Electric CoopcoreCooperative utility offering 'Beat the Peak' program, free Level 2 EV charger with Energy Transformation program enrollment, and joint discounts with Efficiency Vermont.
- Washington Electric Co-opminorCooperative utility offering free Level 2 EV charger and $500 incentive through PowerShift program, in partnership with Efficiency Vermont.
- Stowe Electric DepartmentminorMunicipal utility offering monthly incentive for Connected Homes program enrollment, allowing utility to adjust connected devices during peak events.
- Vermont Works for WomenminorPartner in workforce development efforts to expand outreach and professional opportunities in the efficiency trades.
- Vermont Technical CollegeminorEducational partner providing training options for Vermonters seeking careers in the efficiency workforce.
- ReSourceminorPartner in workforce development efforts to offer training options and expand the efficiency workforce.
Scale indicators17 records
Recent moves6 records
Expansion highlights6 records
Efficiency Vermont competitors and assessment
Company assessmentDirect peers
- Focus on Energy (Wisconsin): Wisconsin's statewide energy efficiency and renewable resources program, funded by Wisconsin utilities. Closely comparable to Efficiency Vermont in mission, funding mechanism (ratepayer-funded), and program offerings (residential rebates, business incentives, trade ally network).
- Energize Connecticut: Connecticut's energy efficiency program administered by the Energy Efficiency Fund. Comparable statewide rebate, financing, and trade ally model for residential and business customers, funded through a charge on utility bills.
- Energy Trust of Oregon: Ratepayer-funded nonprofit delivering energy efficiency programs across Oregon. Direct structural peer: state-level efficiency utility with similar business model, regulatory relationship, and program portfolio (rebates, trade networks, workforce development).
- Mass Save: Massachusetts statewide energy efficiency program delivered by the state's gas and electric utilities and efficiency providers. Direct peer in the residential/business rebate, weatherization, and heat pump program space, though delivered through a consortium model rather than single EEU.
Broad incumbents
- Franklin Energy: National energy efficiency and demand management services provider serving utilities and program administrators. Comparable in rebate processing, program implementation, and trade ally management, though as a vendor rather than a designated EEU.
- CLEAResult: Large private energy efficiency program administrator that delivers utility-funded efficiency programs across many U.S. states. Comparable business model in rebate administration, program design, and trade ally networks, though operating across multiple jurisdictions rather than a single statewide franchise.
- VEIC (Vermont Energy Investment Corporation): Efficiency Vermont's parent organization and a broader energy efficiency consultancy. VEIC operates Efficiency Vermont and related programs nationally, providing advisory and implementation services that extend the EEU model beyond Vermont's borders.
- NYSERDA (New York State Energy Research and Development Authority): New York State's energy efficiency and clean energy agency. Operates programs analogous to Efficiency Vermont across a larger geography; comparable GTM via rebates, technical assistance, and partnerships, with overlapping program categories (heat pumps, weatherization, workforce).
Regional players
- BC Hydro Power Smart: British Columbia's ratepayer-funded energy efficiency program administered by the provincial utility. Operates a comprehensive rebate, trade network, and program delivery model comparable to Efficiency Vermont, but serves Canadian rather than U.S. customers and has broader geographic scale.
Others
- ICF International: Global consulting firm with deep energy efficiency practice providing program design, evaluation, and advisory services to utilities and EEU-equivalent organizations. Comparable as an ecosystem participant that supports program strategy and evaluation adjacent to Efficiency Vermont's operations.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights6 records
Customer concentration
Efficiency Vermont social profiles
Digital presenceEfficiency Vermont financial estimates
Financial estimateRevenue estimate
Valuation estimate
Efficiency Vermont leadership team
Management profileNumber of profiles
Profiles4 records
Efficiency Vermont funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Efficiency Vermont 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 Efficiency Vermont
What does Efficiency Vermont do?
Efficiency Vermont is the statewide Energy Efficiency Utility (EEU) for Vermont, providing rebates, low-interest financing, energy assessments, and technical services to help residents and businesses reduce energy consumption. The organization administers ratepayer-funded programs including heat pump rebates, LED lighting incentives, weatherization services, and commercial refrigeration upgrades, delivered through a network of 450+ independent contractors. It also offers custom project support for industrial and commercial customers and income-based assistance for low-income Vermonters.
Is Efficiency Vermont a public or private company?
Efficiency Vermont is a private company. It is classified as corporate owned and is currently operating.
When was Efficiency Vermont founded?
Efficiency Vermont was founded in 2000. It employs 1 to 10 people.
Where is Efficiency Vermont based?
Efficiency Vermont is headquartered in Burlington, United States, in the North America region.
How does Efficiency Vermont make money?
Three revenue lines are on record. Ratepayer-Funded Energy Efficiency Programs are the primary driver. The others are rebate Administration and energy Financing Programs.
Who are Efficiency Vermont's main competitors?
Direct peers on record are Focus on Energy (Wisconsin), Energize Connecticut, Energy Trust of Oregon and Mass Save. Broad incumbents are Franklin Energy, CLEAResult, VEIC (Vermont Energy Investment Corporation) and NYSERDA (New York State Energy Research and Development Authority). BC Hydro Power Smart is listed as a regional player. ICF International is listed as an others.
Does Efficiency Vermont have an API?
No public API is recorded for Efficiency Vermont.
What industry is Efficiency Vermont in?
Efficiency Vermont's product category is Energy Efficiency Services. Its primary akta.pro industry code is BPABAAAF, Energy, Utilities & Sustainability Management, with a secondary code of BPABAGAN, Performance Contracting & Energy-as-a-Service (EaaS) for Buildings. Its NAICS code is 561 and its SIC code is 3822.