Energy Industries Corporation

What Energy Industries Corporation does

Energy Industries Corporation (EIC), founded in 1994 and headquartered in Aiea, Hawaii, is a privately held energy efficiency services provider serving commercial, industrial, and institutional customers across Hawaii, California, and the Pacific Northwest. The company delivers design-build, turn-key energy retrofits across three core service lines: high-efficiency lighting retrofits (LED, T8, T5, electronic ballasts, occupancy sensors, de-lamping with reflectors), commercial and residential solar photovoltaic system installation (Hawaii only), and energy automation systems through its eCONTROLS division (variable frequency drives, building controls, smart HVAC integration). A more recent product line, UVCUE, extends the offering into upper-room germicidal UV-C air disinfection for occupied indoor spaces.

EIC's revenue model is project-based professional services and equipment installation, supplemented by electric utility consulting and a custom lease-purchase financing program that lets customers fund upgrades off-balance-sheet while generating immediate positive operating cash flow. Pricing is not publicly disclosed; utility rebates typically cover 25-50% of project cost, and disclosed project economics show 30-68% energy reduction with 1-2.5 year paybacks. The go-to-market is consultative enterprise field sales: energy audits, feasibility studies, RFP creation, bid evaluation, and commissioning, anchored by sustained utility partnerships with Hawaiian Electric, Maui Electric, Seattle City Light, Puget Sound Energy, PG&E, and Avista.

The company traces its lineage through multiple Hawaii-based predecessor entities (Energy Conservation Hawaii, Pacific Energy Services, eCONTROLS, Energy$mart, Energy Laboratories) consolidated under the Energy Industries brand in 2007. It was acquired by VWI, a Hawaii clean energy holdings company, in 2017. The company holds California Contractor's License CT-18761 and is registered as DOE Vendor 006245, and was recognized as SBA Service Firm of the Year in 2002. Named enterprise customers include Weyerhaeuser, Yahoo!, Macy's, 7-Eleven Hawaii, First Hawaiian Bank, Central Pacific Bank, Hawaiian Host, Mid-Pacific Institute, Kuakini Medical Plaza, and Kendall-Jackson.

Name

Energy Industries Corporation

Legal name

Energy Industries Corporation

Website

https://energy-industries.com

Company type

Private

Founded year

1994

Operating status

Operating

Headcount range

11–50 employees

Short description

Energy Industries Corporation is a Hawaii-based energy efficiency services provider founded in 1994, delivering lighting retrofits, commercial solar PV, and building automation to enterprise and institutional customers in Hawaii, California, and the Pacific Northwest. Owned by VWI, it combines project-based installation with utility rebate capture and custom lease-purchase financing.

Ownership category

akta.pro rank

Product category

Energy Efficiency Services

NAICS

Solar Electric Power Generation (221114)

SIC

Electric Services (4911)

akta.pro primary industry

Energy & Renewables Specialty Contracting (Solar PV, Storage, EV Charging) (IMAFALAJ)

akta.pro secondary industries

Asset Management & Owner’s Engineering (Lifecycle Strategy, Budgeting, Technical Due Diligence) (EUAMAGAJ), Renewable Energy Asset Management (Solar/Wind/Hydro/Geothermal) (EUAEAMAB), Renewable Monitoring, Controls & SCADA Hardware Manufacturing (Sensors, RTUs, Meters) (EUAMAHAJ)

Keywords

• Energy efficiency services
• Commercial lighting retrofits
• Solar PV installation
• UV-C disinfection systems
• Energy automation systems

Headquarters

HQ city

Honolulu

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Energy Efficiency Installation Services: Provides comprehensive energy efficiency retrofits including lighting, HVAC, and mechanical systems. Revenue is generated through project-based installation fees with measurable ROI demonstrated through utility rebates and energy savings. Projects range from simple lighting retrofits to complex integrated systems combining multiple efficiency measures.
2. Solar Photovoltaic System Installation: Design-build, turn-key solar PV system installation for commercial, industrial, and residential markets. Revenue generated from system installation with customers entering net energy metering agreements to feed excess power to the grid.
3. Energy Consulting and Advisory Services: Provides electric utility consulting services, energy feasibility studies, and advisory services including ranking schools for PV potential, RFP creation, bid evaluation, and project commissioning.
4. Custom Lease-Purchase Financing Programs: Develops customized equipment lease-purchase programs that leave capital improvement budgets untouched while enabling energy efficiency upgrades. The program generates revenue through financing arrangements with customers.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels4 records

Core offering

Energy Industries Corporation is a Hawaii-based energy efficiency services provider that helps commercial, industrial, government, and institutional building operators reduce energy consumption and operating costs. The company delivers integrated solutions spanning lighting retrofits, commercial solar photovoltaic (PV) systems, germicidal UV-C air disinfection (UVCUE), and energy automation/controls (eCONTROLS), combined with energy consulting, custom financing, and utility rebate optimization.

Product overview

Energy Industries Corporation offers a portfolio of energy efficiency and renewable energy solutions centered around three core service offerings: Light (energy efficient lighting solutions), Solar (photovoltaic systems installation), and UVCUE (germicidal UV-C air disinfection technology). The company provides design-build, turn-key energy efficiency and renewable energy systems primarily serving commercial, industrial, and residential customers in Hawaii and select mainland markets. The Light and Solar divisions form the core of the company's service offering, delivering the biggest energy savings opportunities, while UVCUE represents an air quality product that complements building efficiency solutions.

Differentiator

Problem solved

Functional benefit

Brands

• UVCUE: Germicidal UV-C air disinfection solution using upper room UV light technology to kill pathogens in enclosed spaces like classrooms, gyms, and offices.

Products and services

• Light High-efficiency lighting retrofit service for commercial and industrial facilities, replacing existing fixtures with energy-saving lighting solutions as part of a comprehensive energy efficiency offering.
• Solar Commercial solar photovoltaic (PV) system installation service that converts sunlight into electricity, reducing grid dependence and operating costs for commercial and industrial facilities. Often combined with lighting solutions into a single integrated offering.
• UVCUE Germicidal UV-C air disinfection product offering that uses ultraviolet light to neutralize pathogens in indoor air, providing healthier indoor environments for commercial facilities.
• eCONTROLS Energy automation and control systems service that monitors and manages building energy use, providing operational data and automated control to optimize energy performance for commercial and industrial facilities.
• Energy Consulting and Advisory Services Professional energy auditing and advisory service that analyzes building energy use, identifies efficiency opportunities, and recommends tailored solutions for commercial, industrial, and institutional customers.

Quantifiable outcome

• 30-68% energy cost reduction for lighting retrofits
• +4 more outcomes

Named customers12 records

Segments8 records

Ideal customer profiles7 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Eight partnerships are on record, tiered core and minor.

• Hawaiian Electric CompanycoreOthersHawaiian Electric Company provides Demand Side Management program rebates that make energy efficiency projects financially attractive. Multiple case studies reference HECO rebates covering 25-50% of project costs (e.g., $21,441 for Kuakini Medical Plaza, $37,000 annual savings for Central Pacific Bank).
• Seattle City LightcoreOthersSeattle City Light provides utility incentives for energy-efficient lighting retrofits in the Pacific Northwest. Benaroya Institute received $22,000 cash rebate from Seattle City Light.
• Pacific Gas & Electric CompanycoreOthersPG&E developed the Retrocommissioning Program to incentivize commercial customers to optimize facility energy usage. Energy Industries participates as an approved service provider for PG&E's RCx Program, enabling wine industry projects in California.
• Small Business Energy AllianceminorOthersSmall Business Energy Alliance provided partial funding for Geyser Peak Wineries lighting retrofit, bringing project cost from $200,000 down to $133,000.
• Puget Sound EnergyminorOthersPuget Sound Energy awarded Custom Control Concepts a 50% energy efficiency project grant, reducing payback period from 2.5 years to just over 1 year.
• Maui Electric CompanyminorOthersMaui Electric Company provides utility rebates for energy efficiency projects. Maui Community College received $14,800 rebate from Maui Electric Company.
• Avista (Utility)minorOthersAvista provides utility rebates for energy efficiency upgrades. M&L Supply Company received $6,900 rebate from Avista for their lighting retrofit.
• UVCUE / PLANLEDcoreStrategic or Co-development PartnerEnergy Industries partnered with UVCUE and PLANLED to offer Upper Room UV-C germicidal irradiation solutions for air disinfection. The collaboration addresses indoor air quality needs using UV light technology to kill pathogens in enclosed spaces.

Scale indicators4 records

Recent moves8 records

Expansion highlights5 records

Direct peers

• Ameresco: Publicly traded renewable energy and energy efficiency services firm (NYSE: AMRC) delivering solar PV, lighting retrofits, and integrated efficiency solutions to commercial, industrial, and government customers. Closest publicly traded comparable to EIC's bundled service offering.
• McKinstry: Private national energy services and construction firm delivering design-build mechanical, electrical, lighting, and renewable energy solutions to commercial and institutional customers. Closely aligned with EIC's integrated lighting/HVAC/solar model.
• NORESCO: Energy services company (now part of Carrier/UTC) providing design-build energy efficiency, distributed generation, and solar solutions to commercial, industrial, and institutional customers. Same integrated project delivery model as EIC.
• CLEAResult: Private energy efficiency program administrator owned by General Atlantic, delivering lighting retrofits, HVAC upgrades, and demand-side management for utilities and commercial customers. Directly comparable GTM and service mix.
• REC Solar: Commercial and industrial solar installer delivering design-build PV systems for businesses across multiple U.S. states. Comparable commercial solar contracting model to EIC's Hawaii solar division, though operating on the mainland.
• Willdan Group: Publicly traded energy efficiency and sustainability consulting firm (NASDAQ: WLDN) serving utilities, municipalities, and commercial customers. Comparable to EIC's energy consulting and program delivery model, particularly around utility rebate program administration.

Regional players

• Pacific Current: Hawaii-based solar and battery storage developer serving commercial and utility-scale projects on the islands. Directly comparable regional competitor to EIC's Hawaii solar PV business.

Broad incumbents

• Johnson Controls: Global building technology company (NYSE: JCI) offering HVAC, building automation, and integrated efficiency solutions. EIC's eCONTROLS division and HVAC retrofit work overlap with Johnson Controls' portfolio, though JCI is far broader and larger.
• Schneider Electric: Global energy management and automation company (EPA: SU) providing building management systems, power solutions, and energy efficiency services. Comparable to EIC's building controls and energy automation scope but operates at massive scale across multiple segments.
• ENGIE Insight (formerly OpTerra Energy Services): Subsidiary of global utility ENGIE delivering energy efficiency, solar, and distributed generation to commercial and institutional clients. Larger portfolio player with comparable service lines but operating at much greater scale.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/energyindustries
• LinkedInlinkedin.com/company/398658

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 Energy Industries Corporation