Benfield Electric

Name

Benfield Electric

Legal name

Benfield Electric Co., Inc.

Website

https://benfieldinc.com

Company type

Private

Founded year

1968

Operating status

Operating

Headcount range

101–250 employees

Ownership category

akta.pro rank

Product category

Electrical Contracting Services

NAICS

Electrical Contractors and Other Wiring Installation Contractors (23821), Electrical Contractors and Other Wiring Installation Contractors (238210)

SIC

Electrical Work (1731)

akta.pro primary industry

Residential Electrical Installation & New Construction Wiring (HSAOADAA)

akta.pro secondary industries

Electrical Panel Upgrades & Service Changes (HSAOADAB), Circuit Additions & Dedicated Lines (Appliance/EV/Hot Tub) (HSAOADAD), Outlet, Switch, GFCI/AFCI & Receptacle Installation (HSAOADAE)

Keywords

• Electrical contracting services
• Commercial electrical installation
• Residential electrical services
• Industrial electrical construction
• Electrical repair maintenance

Headquarters

HQ city

Aberdeen

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure, Supply Chain

Revenue model

1. Residential Electrical Services: Revenue from providing electrical services to homeowners including repairs, panel upgrades, lighting installation, EV charger installation, generator services, and home rewiring. Charged per project or hourly labor plus materials.
2. Commercial Electrical Contracting: Revenue from large-scale electrical installations on commercial construction projects including high-rises, healthcare facilities, assisted living, multi-family residential, and government buildings. Billed through project contracts with general contractors.
3. Electrical Estimating Services: Pre-construction cost estimation services for electrical work on residential and commercial projects, preparing detailed bids for contractors.

Pricing tiers

Go-to-market motion3 records

Distribution channels3 records

Marketing channels6 records

Core offering

Benfield Electric is a family-owned electrical contractor providing installation, repair, upgrade, and maintenance services for residential, commercial, and industrial properties throughout Maryland, southern Delaware, and southeast Pennsylvania. Offerings span electrical work (panels, rewires, repairs), lighting and sensors, circuit services including EV chargers, generator installation and repair, full commercial electrical contracting on new construction, and energy efficiency services.

Product overview

Benfield Electric is a family-owned electrical contractor offering a comprehensive portfolio of service offerings rather than a unified software product. The company provides electrical services (repair, installation, panel upgrades), lighting and sensor services (fixtures, smart cameras, detectors), circuit services (EV charging, surge protection, dedicated circuits), generator services (installation and repair), commercial electrical services, and energy efficiency consulting. These services are delivered as professional trade services to residential, commercial, and industrial customers throughout Maryland.

Differentiator

Problem solved

Functional benefit

Products and services

• Residential Electrical Services

Quantifiable outcome

• 2+ years with no lost time accidents
• +4 more outcomes

Named customers10 records

Segments5 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Eleven partnerships are on record, tiered minor.

• Harford County Chamber of CommerceminorOthersProud member of the Harford County Chamber of Commerce, providing networking and business development opportunities within the local business community.
• Baltimore (ABC Baltimore)minorOthersMember of Associated Builders and Contractors Baltimore chapter, providing access to industry resources, training, and networking.
• Maryland Construction NetworkminorOthersMember of Maryland Construction Network (marylandentrepreneurhub), supporting connection to state construction industry resources.
• Maryland Builders Association (MBIA)minorOthersMember of Maryland Builders Association, representing the residential and commercial building industry in Maryland.
• Congress (BCE Baltimore)minorOthersMember of BCE Baltimore (Congress - likely Building Congress and Exchange or similar construction industry organization).
• Harford Day SchoolminorOthersCommunity partner and supporter of Harford Day School. Greg Benfield serves on the Board. Organization provides educational programs.
• Folds of HonorminorOthersCommunity supporter of Folds of Honor, an organization providing scholarships to families of fallen or disabled service members.
• LASOS (Linking All So Others Succeed)minorOthersLong-term partner and sponsor of LASOS workforce development programs including the Aspire program for at-risk youth. Benfield Electric sponsors certificate programs and provides internship and employment opportunities.
• Harford Family HouseminorOthersCommunity supporter of Harford Family House, an organization providing housing assistance to families in need.
• Harford County Sheriff's Office Toy DriveminorOthersLong-standing supporter of the annual Harford County Sheriff's Office Toy Drive for over four decades, providing toys for children in need during the holiday season.
• Alzheimer's Association - Greater Maryland ChapterminorOthersCorporate sponsor of Walk to End Alzheimer's. Donated $15,000 in 2021 in honor of founding family member Patty Benfield who passed from Alzheimer's. Greg Benfield is working to increase involvement with the association.

Scale indicators8 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Tri-City Electric: Regional commercial and industrial electrical contractor with comparable mix of new construction, service, and design-build work. Analogous mid-market private competitor to Benfield with similar bonding capacity and customer mix.
• Nickle Electrical Companies: Mid-Atlantic commercial, industrial, and institutional electrical contractor based in Delaware — directly comparable in scale (~200 employees), regional footprint, and service mix. Mike Anderson (Benfield's Safety Director) joined Benfield from Nickle, evidencing close market and operational overlap.
• Helms Electric: Mid-sized regional electrical contractor serving commercial, industrial, and institutional clients. Closely comparable in scale, project types, and the mix of negotiated/relationship-based commercial contracting that defines Benfield's go-to-market.

Broad incumbents

• Rosendin Electric: One of the largest U.S. electrical contractors, with national reach across commercial, healthcare, mission-critical, and renewable infrastructure. Comparable to Benfield in core commercial electrical scope but operates at substantially greater scale and geographic breadth.
• EMCOR Group: Public Fortune 500 provider of electrical, mechanical, and building services to commercial, industrial, utility, and government clients. Largest scaled comparable for the full scope of Benfield's commercial-to-government work; competes for similar large-project RFPs nationally.
• Power Design: Large national electrical contractor specializing in multifamily, hospitality, and commercial construction — highly comparable to Benfield's Bozzuto/CBG multi-family book (e.g., 8787 Georgia Ave 375 units, Bainbridge Federal Hill 224 units, 225 N. Calvert 347 units).
• Mr. Electric: Neighborly-branded franchise network focused on residential and light-commercial electrical services. Comparable to Benfield's residential service side (panel upgrades, EV chargers, generators, smart-device installs) and represents the franchise model as an alternative scale path for Benfield's service book.
• Faith Technologies: National electrical and technology systems contractor serving commercial, industrial, and utility customers with both electrical contracting and low-voltage/systems integration. Comparable to Benfield in breadth of service offering (electrical, lighting, EV, low-voltage) but at much larger scale.
• Quanta Services: Public infrastructure services firm with extensive electric transmission and distribution capabilities. While broader and utility-focused, it illustrates a comparable electrification-services footprint and competes for adjacent utility/government work that Benfield touches through APG.
• IES Holdings: Public diversified electrical contractor operating through commercial, industrial, and infrastructure segments. Highly comparable service portfolio to Benfield (commercial wiring, industrial, government), but with public-market capital and national footprint.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights7 records

Customer concentration

• Xx.com/gobenfield
• Facebookfacebook.com/gobenfield
• LinkedInlinkedin.com/company/benfield-electric

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 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 Benfield Electric