Lantern Energy

What Lantern Energy does

Lantern Energy is a Connecticut-based energy efficiency services contractor founded in 2011 that delivers building envelope, electrification, and distributed-energy services to residential and commercial customers across Connecticut and Massachusetts. The company deploys BPI-certified technicians to perform home energy assessments, weatherization, Aeroseal proprietary duct sealing, electrical service upgrades, Level 2 EV charging installation, Kohler standby generator deployment, solar ground-mount installation, and commercial lighting retrofits. Service is delivered from a Connecticut headquarters and a Massachusetts field office in Northbridge, with work sourced primarily through utility-administered energy efficiency programs and supplemental direct-pay residential and commercial project work.

The company's underlying technical stack is built around certified field diagnostics (blower-door testing, infrared thermography, combustion safety checks) and authorized-dealer relationships with equipment vendors such as Aeroseal for duct sealing and Kohler for standby generation. Third-party credentials — BPI GoldStar, ENERGY STAR, NYSERDA Century Club recognition, and an A+ BBB rating — function as program-eligibility assets that allow Lantern to bid on utility program work that uncertified contractors cannot access. Revenue mechanics combine utility program reimbursement (per-measure or per-project incentives passed through program administrators) with direct residential and commercial contracts, creating a hybrid model in which program flow anchors volume and direct-pay projects capture margin.

Lantern's strategic posture is one of offensive diversification: expanding geographically from Connecticut into Massachusetts, deepening utility and municipal-utility partnerships, and broadening the product line from single-axis weatherization into a whole-home electrification bundle. No public revenue, headcount, or capital-raise data is available, so financial scale must be inferred from operational footprint (three offices, thousands of households served, multi-vertical service menu), which is consistent with a mid-sized regional contractor rather than a national platform.

Name

Lantern Energy

Legal name

Lantern Energy, LLC

Website

https://lanternenergy.com

Company type

Private

Founded year

2011

Operating status

Operating

Headcount range

11–50 employees

Short description

Lantern Energy is a Connecticut-based, BPI-certified energy efficiency services contractor founded in 2011 that serves residential and commercial customers in Connecticut and Massachusetts via utility partnerships, offering weatherization, Aeroseal duct sealing, EV charging, solar, generators, and electrical upgrades.

Ownership category

akta.pro rank

Product category

Energy Efficiency Services

SIC

Electrical Work (1731)

akta.pro primary industry

Radiant Floor Heating Installation (HSAOAGAG)

akta.pro secondary industry

Dimmer, Switch & Lighting Control Installation (HSAOAFAJ)

Keywords

• Home energy assessments
• Weatherization services
• Insulation installation
• Duct sealing services
• EV charging installation

Headquarters

HQ city

Norwich

HQ country

United States

HQ region

North America

Offices3 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Revenue model

1. Energy Assessment Services: Home and commercial energy assessments that include blower door tests, duct tests, air sealing, hot water measures, LED bulb installation, and consultation. Revenue generated through service fees which may be subsidized or free for customers of participating utility programs.
2. Weatherization and Insulation: Installation of insulation (primarily cellulose) and air sealing services. Revenue is generated through project-based pricing with rebates and incentives available through utility programs. 5% discount offered when insulation is scheduled during energy assessments.
3. Advanced Duct Sealing: Aeroseal duct sealing service with certification and 10-year guarantee. Project-based revenue from residential and commercial customers.
4. EV Charging Station Installation: Installation of residential and commercial EV charging stations (Level 1, 2, and DC fast charging). Revenue from equipment installation and electrical upgrade services.
5. Electrical Services: Electrical upgrades, panel replacements, wiring, lighting upgrades, and generator installation (Kohler). Includes solar ground mount installation services.
6. Generator Installation: Installation of Kohler whole-house standby generators powered by natural gas or propane. Revenue from equipment sales and installation services.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels5 records

Core offering

Lantern Energy is a Connecticut-based energy efficiency services contractor that performs home energy assessments, weatherization, insulation, Aeroseal duct sealing, EV charging station installation, generator installation, solar ground mount installation, commercial lighting efficiency retrofits, and electrical upgrades. The company serves residential homeowners, multifamily operators, and commercial property owners across Connecticut and Massachusetts, and partners with utilities to offer financing and program-based incentives on qualifying projects.

Product overview

Lantern Energy is an energy efficiency services company offering a portfolio of residential and commercial services centered around energy assessments, weatherization, and electrical work. The core offerings include the Home Energy Solutions℠ assessment program (which includes duct sealing and insulation measures), standalone Weatherization & Insulation services, Aeroseal Advanced Duct Sealing, EV Charging Station installation, Solar Ground Mount Installation, Commercial Lighting Efficiency assessments, Electrical Upgrades, Generators, and Financing assistance. The company operates primarily in Connecticut and Massachusetts through partnerships with utility programs including Eversource, United Illuminating, Norwich Public Utilities, and Mass Save®.

Differentiator

Problem solved

Functional benefit

Products and services

• Home Energy Solutions℠ (Home Energy Assessment) Whole-home energy assessment service that diagnoses building envelope and duct leakage for residential homeowners in Connecticut and Massachusetts, identifying recommended weatherization, insulation, duct sealing, and electrification upgrades.
• Weatherization & Insulation Installation of certified cellulose insulation and related weatherization measures for residential and commercial buildings to reduce heat loss, drafts, and energy consumption.
• Aeroseal Advanced Duct Sealing Duct sealing service using Aeroseal technology to seal leaks inside residential and commercial HVAC ductwork, reducing conditioned air loss and improving HVAC efficiency.
• EV Charging Station Installation Installation of EV charging stations for residential customers who need at-home electric vehicle charging infrastructure.
• Generator Installation Installation of backup generators for residential customers seeking standby power for outages.
• Solar Ground Mount Installation Installation of ground-mounted solar photovoltaic systems for residential customers whose properties are not suited to rooftop solar.
• Commercial Lighting Efficiency Energy-efficient commercial lighting retrofit service for multifamily and commercial property owners seeking reduced lighting energy use.
• Electrical Upgrades Electrical service panel and capacity upgrades for residential and commercial customers, often in support of electrification work such as EV charging and other high-load equipment.

Quantifiable outcome

• 20%-40% utility bill reduction from duct sealing
• +4 more outcomes

Named customers4 records

Segments4 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

17 partnerships are on record, tiered core and minor.

• Building Performance Institute (BPI)coreStrategic or Co-development PartnerLantern Energy is a BPI GoldStar company with all crew leaders required to have BPI Analyst and BPI Envelope certifications. BPI is a national standards development and credentialing organization for energy efficiency retrofit work.
• Energize ConnecticutcoreChannel Partner/ Reseller/ DistributorEnergize Connecticut is an initiative helping customers save money and use clean energy, funded by the Energy Efficiency Fund, Clean Energy Finance and Investment Authority, state and local utilities. Lantern Energy is a participating contractor.
• Mass SavecoreChannel Partner/ Reseller/ DistributorMass Save works with certified Energy Specialists, Home Performance Contractors and Independent Installation Contractors to provide home energy assessments and weatherization. Lantern Energy is a Participating Insulation Contractor.
• Home Performance with ENERGY STAR (NYSERDA)coreChannel Partner/ Reseller/ DistributorLantern Energy is a contractor in the Home Performance with ENERGY STAR Program designed by NYSERDA to help homeowners reduce energy costs. Recipient of Century Club Award 2012-2019.
• Residential Energy Services Network (RESNET)minorStrategic or Co-development PartnerRESNET develops national market for home energy rating systems and energy efficient mortgages. Lantern Energy is affiliated and employs RESNET member auditors and raters.
• Better Business Bureau (BBB)minorOthersLantern Energy is an accredited member of BBB which evaluates businesses against high standards of marketplace trust.
• Insulation Contractors Association of America (ICAA)minorStrategic or Co-development PartnerICAA is the trade association for residential and commercial thermal insulation contractors. Lantern Energy is a member with access to leading-edge information and knowledge.
• Connecticut Apartment AssociationminorStrategic or Co-development PartnerCTAA is a state chapter of National Apartment Association dedicated to serving interests of Connecticut apartment owners and managers. Lantern Energy is a member.
• AerosealcoreTechnology or IntegrationLantern Energy is a certified Aeroseal dealer offering innovative duct sealing technology. Provides 10-year guarantee on duct sealing workmanship.
• EversourcecoreChannel Partner/ Reseller/ DistributorEversource is a major Connecticut utility company. Lantern Energy delivers Home Energy Solutions program services to Eversource customers with potential fees applying.
• United Illuminating (UI)coreChannel Partner/ Reseller/ DistributorUnited Illuminating is a major Connecticut utility. Lantern Energy delivers Home Energy Solutions program services to UI customers.
• Norwich Public Utilities (NPU)coreChannel Partner/ Reseller/ DistributorNorwich Public Utilities is a municipal utility. As of August 2025, the Home Energy Savings Program is available to all NPU customers at no cost. Lantern provides free assessments.
• Groton Utilities & Bozrah Light & PowercoreChannel Partner/ Reseller/ DistributorMunicipal utilities in Connecticut. Home Energy Savings Program is FREE to all Groton Utilities and Bozrah Light & Power customers. Lantern Energy provides services at no cost.
• Jewett City Department of Public Utilities (JCDPU)coreChannel Partner/ Reseller/ DistributorMunicipal utility in Jewett City, CT. Home Energy Savings Program is FREE to all JCDPU customers.
• Third Taxing District (East Norwalk)coreChannel Partner/ Reseller/ DistributorMunicipal utility in East Norwalk, CT. Home Energy Savings Program is FREE to all TTD customers.
• South Norwalk Electric & Water (SNEW)coreChannel Partner/ Reseller/ DistributorMunicipal utility in South Norwalk, CT. Home Energy Savings Program is FREE to all SNEW customers.
• EV Charging Manufacturers (Tesla, ChargePoint, JuiceBox, etc.)coreTechnology or IntegrationLantern works with top EV charging manufacturers including Tesla, ChargePoint, JuiceBox, Juice Bar, Clipper Creek, and EVSE to install Level 2 and Level 3 DC charging stations.

Scale indicators3 records

Recent moves6 records

Expansion highlights4 records

Direct peers

• HomeWorks Energy: Massachusetts-based residential energy efficiency contractor offering home energy assessments, insulation, weatherization, and HVAC services through Mass Save. Operates a similar field-service model to Lantern Energy in the same utility-program ecosystem across a directly overlapping Massachusetts service territory.
• BlocPower: Brooklyn-based building energy efficiency retrofit company serving multi-family and small commercial properties with financing-enabled projects. Operates a tech-enabled version of the same residential/multi-family efficiency model Lantern pursues, with comparable weatherization and electrification offerings.
• Sealed: NYC-based home energy retrofit company using a data-driven approach to identify and finance residential weatherization projects. Targets the same residential customer seeking energy efficiency improvements and operates in an adjacent Northeast geography with overlapping electrification tailwinds.

Broad incumbents

• Franklin Energy: Wisconsin-headquartered national energy efficiency services contractor delivering program management, weatherization, and demand-side management for utilities across many states. Operates Lantern's adjacent service model at much larger national scale across multiple utility program portfolios.
• CLEAResult: Austin-based national energy efficiency program management and implementation firm serving utilities, governments, and businesses. Provides similar field services and program administration to Lantern across substantially more utility programs and geographies.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/Lantern-Energy-146908148661801
• Xx.com/lanternenergy
• LinkedInlinkedin.com/company/lanternenergy

Compliance6 records

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 Lantern Energy