Blue Sky Utility
BlueSky Utility is a U.S. commercial solar and battery storage developer serving retail landlords and tenants. The company designs, finances, and operates zero-upfront-cost rooftop and carport solar systems and battery storage, selling discounted energy to retail tenants across multiple states.
- Company typePrivate
- Founded2015
- HeadquartersNapa, United States
- Headcount11–50
- GTM typeB2B
- OfferingServices
What Blue Sky Utility does
BlueSky Utility is a vertically integrated U.S. commercial and industrial renewable energy developer that designs, finances, builds, owns, and operates distributed solar and battery storage assets on retail real estate. The company was founded in 2015, is headquartered in Fort Lauderdale, Florida (with operational roots in Napa, California), and employs 11-50 people. Since 2023 it has operated as the exclusive U.S. territory arm of Nofar Energy, an Israeli TASE-listed renewable energy developer, after Nofar acquired a 67% controlling stake for $91 million.
BlueSky's core product portfolio comprises four interconnected offerings: Roof & Carport Solar Systems (rooftop and parking-lot carport solar installations selling energy to landlords and tenants at a discount to standard utility rates), the Outparcel Pad Lease Battery Storage Program (grid-tied batteries deployed on unused 5,000+ sq ft commercial pad space earning income from government agencies and local utilities), the Discounted Renewable Energy Program (a tenant-facing program guaranteeing 5% solar energy bill savings, or 7.5% with autopay, with no upfront costs and no change to existing utility providers), and the Utility-As-A-Service model (granting tenants access to the underlying equity, tax equity, and debt capital stack of BlueSky-owned assets). Disclosed operating projects are small distributed retail assets, including the 1.5 MW Esplanade (2.5 GWh/yr), 1.0 MW Boronda (1.7 GWh/yr), and 2.0 MW Hanford Mall (2 MWh battery, 3,200 MWh/yr).
The business model is B2B2C, anchored on landlord partnerships: BlueSky contracts directly with retail property owners to monetize previously unutilized rooftop, carport, and pad space, then enrolls the property's tenants into a discounted energy program with zero upfront cost to either party. BlueSky retains ownership, operations, and maintenance of all assets and runs in-house tenant acquisition and billing. Revenue streams include solar energy sales (recurring), roofing services, battery storage pad lease income, and capital stack investment management. The customer base spans 1,000+ shopping center tenants across enterprises such as AMC Theaters, Food 4 Less, HomeGoods, TJ Maxx, ULTA Beauty, State Farm, IHOP, Subway, Panera Bread, Burlington, Michaels, and UFC Gym. Operations span California, Florida, Texas, the Northeast (MA/CT/NY for battery storage), and additional Southeast and Southwest regions.
Blue Sky Utility firmographics
Firmographics- Name
- Blue Sky Utility
- Legal name
- Blue Sky Utility
- Website
- https://blueskyutility.com
- Company type
- Private
- Founded year
- 2015
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- BlueSky Utility is a U.S. commercial solar and battery storage developer serving retail landlords and tenants. The company designs, finances, and operates zero-upfront-cost rooftop and carport solar systems and battery storage, selling discounted energy to retail tenants across multiple states.
- Ownership category
- akta.pro rank
Blue Sky Utility industry classification
Industry- Product category
- Commercial Renewable Energy Services
- NAICS
- Solar Electric Power Generation (221114), Roofing Contractors (238160)
- SIC
- Electric Services (4911)
- akta.pro primary industry
- Solar EPC & Construction (Utility-Scale, Rooftop, Balance of System) (EUAMABAB)
- akta.pro secondary industries
- Renewable Distributed Generation (Rooftop/Onsite Solar, Small Wind, Small Hydro) (EUACALAJ), Solar Roofing & Roof-Mounted PV Systems (IMADAFAO), Solar Financing, Leasing & Ownership Platforms (Tax Equity, PPA, Securitization) (EUAMABAJ)
Keywords
Where Blue Sky Utility is headquartered
LocationHeadquarters
- HQ city
- Napa
- HQ country
- United States
- HQ region
- North America
Offices2 records
Markets served
Blue Sky Utility business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Infrastructure, Operations, Personnel, Technology or R&D, Marketing or Sales
Revenue model
- Solar Energy Sales to Tenants and Landlords: BlueSky generates solar energy from roof or parking lot installations and sells it to tenants and landlords at a discount to standard utility pricing. Property owners earn rent based on solar energy revenues. Tenants receive guaranteed 5% savings (or 7.5% with autopay) on solar energy usage.
- Roofing Services: BlueSky acts as the landlord's roofing vendor, performing reroof if needed as part of the solar installation process.
- Battery Storage Pad Lease: Earn specialty leasing income from unproductive corners and rear sections of properties. Battery systems earn income from government agencies and local utilities.
- Capital Stack Investment Access: Provides tenants access to invest in the entire capital stack including equity, tax equity and debt, offering upside of asset ownership without direct exposure to complexities.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Monthly | Zero upfront cost solar program for retail tenants |
| Subscription | Monthly | Roof and Carport Solar Lease for Landlords |
| Subscription | Monthly | Battery Storage Pad Lease |
Go-to-market motion2 records
Distribution channels4 records
Marketing channels9 records
Blue Sky Utility product offering
Product offeringCore offering
Blue Sky Utility develops, finances, installs, owns, and operates rooftop and carport solar systems and battery energy storage assets for retail commercial real estate. The company then sells the generated electricity back to the property's tenants at rates discounted below standard utility pricing while paying landlords rent based on energy revenues, all with zero upfront costs to the property owner. Through its Utility-As-A-Service model, Blue Sky Utility also provides tenants access to invest in the underlying solar asset capital stack.
Product overview
BlueSky Utility operates as a vertically integrated commercial and industrial solar developer providing renewable energy solutions to retail real estate landlords and tenants. The company offers a portfolio of interconnected products centered on rooftop and carport solar installations (Roof & Carport Solar Systems), battery energy storage (Outparcel Pad Lease Battery Storage Program), and the Discounted Renewable Energy Program for tenants. The Utility-As-A-Service model enables tenants to invest in and benefit from asset ownership without operational complexity. The company handles end-to-end project management including engineering, financing, construction, and ongoing operations and maintenance, with no upfront costs to customers.
Differentiator
Problem solved
Functional benefit
Products and services
- Roof & Carport Solar Systems Solar energy installations placed on retail property rooftops and parking-lot carports. Blue Sky Utility generates electricity from these assets and sells it to participating landlords and tenants at rates discounted below standard utility pricing, with no upfront cost to the property owner.
- Outparcel Pad Lease Battery Storage Program Battery energy storage systems installed on unused outparcel pad space at commercial properties. Blue Sky Utility installs, owns, operates, and maintains the battery systems that earn income from government agencies and local utilities, generating specialty leasing income for landlords without requiring a connection to on-site utility hookups or existing energy systems. Available in Massachusetts, Connecticut, and qualifying New York (Westchester County, NYC, and Long Island) with a 5,000-square-foot minimum.
- Utility-As-A-Service A service model that provides tenants with access to invest in the entire capital stack of a solar asset, including equity, tax equity, and debt. It offers the financial upside of asset ownership while insulating tenants from operational, regulatory, and technical complexities.
- Discounted Renewable Energy Program A tenant-facing program that provides discounted solar energy at participating retail centers with zero upfront costs. Tenants receive a guaranteed 5% savings on solar usage (7.5% with autopay enrollment), with no fees, no change to existing utility provider, and the program coterminous with the tenant's lease.
Quantifiable outcome
- 5% savings on solar energy usage, increasing to 7.5% with autopay enrollment
- +6 more outcomes
Companies that use Blue Sky Utility
Customer profileNamed customers17 records
Segments3 records
Ideal customer profiles3 records
Blue Sky Utility technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration1 record
Feature4 records
Blue Sky Utility partnerships and signals
Strategic signalScale indicators10 records
Recent moves6 records
Expansion highlights6 records
Blue Sky Utility competitors and assessment
Company assessmentDirect peers
- ForeFront Power: Direct developer of C&I and public-sector solar + storage projects across the U.S., with strong traction in retail, schools, and municipalities — closely mirrors BlueSky's landlord/tenant-aligned commercial solar motion.
- Pivot Energy: Commercial and community solar developer building PPA-based projects on retailer, grocer, and shopping-center rooftops — directly comparable in target customer, geography, and project finance model.
- Origis Energy: C&I and utility-scale solar developer with deep operating portfolio across the U.S.; CSO Lionel Coulomb was previously Managing Director at Origis. Comparable in segment, scale, and capital-stack approach.
- Nautilus Solar Energy: Developer/owner of distributed and community solar assets across U.S. retail and commercial rooftops with similar landlord-PPA economics and capital-stack structuring.
- Solar Landscape: Commercial and community solar developer focused primarily on U.S. retail rooftops and parking-lot canopies — a near-identical target customer (retail landlords) and project archetype to BlueSky.
- Catalyze: Integrated solar developer specialized in C&I behind-the-meter and storage projects, including retail and multi-tenant commercial portfolios — directly comparable distribution model and product mix.
Broad incumbents
- ENGIE Distributed Generation: Global utility/renewable incumbent with a sizable U.S. distributed solar business focused on commercial and institutional customers — broadly overlaps BlueSky's addressable market from a position of scale and balance sheet.
- Cypress Creek Renewables: U.S. solar developer with strong C&I and utility-scale footprint; competes for the same retail-rooftop PPA pool from a larger balance sheet.
- NextEra Energy Resources: Largest U.S. renewable developer with significant distributed and retail solar initiatives — competes indirectly for the same commercial landlords and capital partners.
Others
- Generate Capital: Specialty finance/operating partner focused on distributed energy and infrastructure — directly relevant as BlueSky CDO Bill Hilliard was previously an Investor and Operating Partner at Generate; relevant as a capital ecosystem peer.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat5 records
Key risks6 records
Key highlights6 records
Customer concentration
Blue Sky Utility social profiles
Digital presenceBlue Sky Utility financial estimates
Financial estimateRevenue estimate
Valuation estimate
Blue Sky Utility leadership team
Management profileNumber of profiles
Profiles9 records
Blue Sky Utility funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Blue Sky Utility 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 Blue Sky Utility
What does Blue Sky Utility do?
Blue Sky Utility develops, finances, installs, owns, and operates rooftop and carport solar systems and battery energy storage assets for retail commercial real estate. The company then sells the generated electricity back to the property's tenants at rates discounted below standard utility pricing while paying landlords rent based on energy revenues, all with zero upfront costs to the property owner. Through its Utility-As-A-Service model, Blue Sky Utility also provides tenants access to invest in the underlying solar asset capital stack.
Is Blue Sky Utility a public or private company?
Blue Sky Utility is a private company. It is classified as corporate owned and is currently operating.
When was Blue Sky Utility founded?
Blue Sky Utility was founded in 2015. It employs 11 to 50 people.
Where is Blue Sky Utility based?
Blue Sky Utility is headquartered in Napa, United States, in the North America region.
How does Blue Sky Utility make money?
Four revenue lines are on record. Solar Energy Sales to Tenants and Landlords are the primary driver. The others are roofing Services, battery Storage Pad Lease and capital Stack Investment Access.
Who are Blue Sky Utility's main competitors?
Direct peers on record are ForeFront Power, Pivot Energy, Origis Energy, Nautilus Solar Energy, Solar Landscape and Catalyze. Broad incumbents are ENGIE Distributed Generation, Cypress Creek Renewables and NextEra Energy Resources. Generate Capital is listed as an others.
Does Blue Sky Utility have an API?
No public API is recorded for Blue Sky Utility.
What industry is Blue Sky Utility in?
Blue Sky Utility's product category is Commercial Renewable Energy Services. Its primary akta.pro industry code is EUAMABAB, Solar EPC & Construction (Utility-Scale, Rooftop, Balance of System), with a secondary code of EUACALAJ, Renewable Distributed Generation (Rooftop/Onsite Solar, Small Wind, Small Hydro). Its NAICS code is 221114 and its SIC code is 4911.