Oak Electric

What Oak Electric does

Oak Electric is a private, for-profit regional home services contractor headquartered in Waterford, Michigan. Founded in 1999, the company provides residential installation services across four trade categories: solar photovoltaic panels, heating and cooling (furnace/HVAC) systems, plumbing, and electric vehicle charging stations. Its operational footprint is concentrated in the Waterford market, and it employs between 101 and 250 people, placing it in the mid-sized regional contractor segment.

The company's product offering is built around capital-intensive residential installations rather than recurring subscription software or platform revenue. Service delivery relies on licensed trade labor, on-site assessment, system design, installation, and post-installation warranty support. The combination of solar generation, HVAC, plumbing, and EV charging positions the company in the residential electrification value chain, though it does not appear to manufacture equipment or operate proprietary technology platforms.

Oak Electric's revenue mechanics are typical of a regional trade contractor: project-based installation revenue from individual homeowners, supplemented by service and warranty work on installed equipment. No pricing model, customer concentration breakdown, public revenue figure, or go-to-market detail was disclosed in the available sources. The company's own website did not load substantive content during data collection, and the available news sources reference an unrelated company, leaving significant gaps in confirmed first-party operational detail.

Name

Oak Electric

Website

https://oakelectric.com

Company type

Private

Founded year

1999

Operating status

Operating

Headcount range

101–250 employees

Short description

Oak Electric is a Waterford, Michigan-based residential contractor founded in 1999 that installs solar panels, HVAC systems, plumbing, and EV chargers for homeowners in its regional market.

Ownership category

akta.pro rank

Product category

Electrical and HVAC Contracting Services

NAICS

Solar Electric Power Generation (221114)

SIC

Electrical Work (1731)

akta.pro primary industry

EV Charger (Level 2) Installation & Load Management (HSAOADAG)

akta.pro secondary industries

Residential HVAC System Installation (Furnace/AC/Heat Pump) (HSAOAGAA), EV Charging Equipment Installation & Commissioning (AC/DC, Depot/Fleet) (TLAKAMAE), Circuit Additions & Dedicated Lines (Appliance/EV/Hot Tub) (HSAOADAD)

Keywords

• Solar panel installation
• HVAC services
• Electrical contracting
• Plumbing services
• EV charger installation

Headquarters

HQ city

Waterford

HQ country

United States

HQ region

North America

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Core offering

Oak Electric installs and services solar panel systems, heating and cooling (HVAC) equipment, and plumbing, and provides electric vehicle charging station installation for residential and commercial customers in Michigan. The company has operated since 1999 as a multi-trade electrical and mechanical contractor serving the Waterford area and surrounding region.

Differentiator

Problem solved

Functional benefit

Products and services

• Solar Panel Installation
• Heating and Furnace Installation
• Plumbing Services
• Electric Vehicle Charging Installation

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Recent moves2 records

Expansion highlights3 records

Broad incumbents

• Sunrun: Largest U.S. residential solar installer with a national service footprint. Direct comparator for Oak Electric's solar offering, but operates at vastly greater scale and with a subscription/lease revenue model Oak Electric does not appear to offer.
• HomeServe USA: Provider of home repair service plans and contractor network management. Comparable as a scaled platform that organizes and dispatches residential trade contractors, similar in spirit to a multi-trade operator's GTM motion.
• Tesla Energy: Bundles solar, Powerwall, and Wallbox EV charging — directly aligned with Oak Electric's solar + EV charger + electrification pitch. Different scale and vertically integrated hardware model, but adjacent value proposition to a homeowner.

Direct peers

• Qmerit: North America's largest network of certified EV charger and electrical infrastructure installers. Direct comparable for Oak Electric's vehicle-charging service line, with a focus on Level-2 residential and fleet charger deployment.
• Roto-Rooter: Largest U.S. provider of plumbing and drain-cleaning services. Comparable as a nationally scaled residential plumbing operator against which Oak Electric's plumbing line directly competes.
• Champion Home Services: Multi-trade residential home services company offering HVAC, plumbing, and electrical. Comparable to Oak Electric as a regional multi-trade operator competing for the same homeowner wallet with overlapping service lines.
• One Hour Heating & Air Conditioning: National HVAC franchise under Neighborly that delivers residential heating, cooling, and air-quality services. Comparable on the HVAC installation side of Oak Electric's book and on the multi-crew dispatch model.
• AJ Danboise Plumbing & Heating: Michigan-based multi-trade residential services company offering plumbing, heating, cooling, and electrical work. Closest regional peer to Oak Electric given the overlapping service mix and Southeast Michigan operating footprint.
• Mr. Rooter Plumbing: Neighorly-owned national plumbing franchise with a multi-trade home-services peer group. Comparable business model (project-based residential services, distributed operator network) and a directly overlapping plumbing line.

Others

• EnergySage: Online solar and clean-energy marketplace that connects homeowners to vetted installers. Comparable as a channel partner or competitor for lead acquisition in Oak Electric's solar business; not a service-delivery peer.

Market position

Strengths3 records

Weaknesses4 records

Competitive moat3 records

Key risks5 records

Key highlights5 records

Customer concentration

• Xx.com/oakelectric

Revenue estimate

Valuation estimate

Number of profiles

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 Oak Electric