Iconergy
Iconergy is a Denver-based energy performance solutions firm delivering ESPC, design-build retrofitting, commissioning, and energy analytics to federal, state, and local government, healthcare, and education clients nationwide, with a proprietary Deep Energy Retrofit methodology achieving 40%+ reductions.
- Company typePrivate
- Founded2010
- HeadquartersDenver, United States
- Headcount11–50
- GTM typeB2B
- OfferingServices
What Iconergy does
Iconergy is a Denver, Colorado-based energy performance solutions firm that delivers integrated building optimization services to public sector and institutional clients nationwide. The company offers a portfolio spanning seven service lines — Energy Performance Contracting (ESPC), Design-Build Retrofitting, Commissioning, Retro-Commissioning, Monitoring-Based Commissioning, Energy Modeling, and Energy Audits & Consulting — designed to operate as a building optimization lifecycle from opportunity identification through implementation and ongoing verification. Its proprietary Deep Energy Retrofit (DER) methodology is documented to achieve 40%+ energy and emissions reductions, with 80% of federal projects reaching DER status.
Underlying the service delivery is the SkySpark analytics platform licensed from SkyFoundry, used for monitoring-based commissioning and ongoing performance verification. Iconergy operates an outcome-based revenue model in which clients finance infrastructure upgrades through realized energy savings across multi-year performance contracts; design-build retrofitting is also delivered as project-based professional services. The go-to-market is sales-led and consultative, beginning with complimentary facility assessments and progressing through Investment Grade Audits and project scoping.
Iconergy serves federal agencies (NASA, US Army, US Navy, IRS, OPM), state and local governments (Colorado Department of Personnel & Administration, CalEPA, CalDGS, CalCDCR, Baltimore County, Town of Erie), healthcare (Denver Health, Kiowa County Hospital, NREL), higher education (CSU, CalTech, Auraria Higher Education Center), and K-12 (Eagle County School District). The company employs 11–50 people and in 2025 completed a strategic merger with CEG Solutions, combining capabilities while continuing to operate under both brands.
Iconergy firmographics
Firmographics- Name
- Iconergy
- Legal name
- Iconergy
- Website
- https://iconergyco.com
- Company type
- Private
- Founded year
- 2010
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Iconergy is a Denver-based energy performance solutions firm delivering ESPC, design-build retrofitting, commissioning, and energy analytics to federal, state, and local government, healthcare, and education clients nationwide, with a proprietary Deep Energy Retrofit methodology achieving 40%+ reductions.
- Ownership category
- akta.pro rank
Iconergy industry classification
Industry- Product category
- Energy Performance Contracting & Building Efficiency Services
- NAICS
- Electric Power Generation, Transmission and Distribution (2211), Facilities Support Services (561210)
- SIC
- Electric, Gas & Sanitary Services (4900)
- akta.pro primary industry
- Building Management & Facility Control Systems (BMS/BAS, Power Monitoring, EPMS) (EUAEAFAJ)
- akta.pro secondary industry
- Microgrid, DER & Building Electrification Energy Controls (Solar/Storage/EV Load Orchestration) (BPABAGAJ)
Keywords
Where Iconergy is headquartered
LocationHeadquarters
- HQ city
- Denver
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Iconergy business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure
Revenue model
- Energy Performance Contracting (ESPC): Performance-based contracts where Iconergy guarantees energy savings. Clients pay for upgrades through realized energy cost reductions over the contract term. Projects include Investment Grade Audits and comprehensive infrastructure upgrades.
- Design-Build Retrofitting Services: Turnkey energy efficiency retrofit services including engineering, construction, and commissioning. Revenue generated through project-based professional services and construction delivery.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Outcome Based/ Performance | Multi-year contract | Performance contracting model - costs covered through energy savings |
Go-to-market motion1 record
Distribution channels1 record
Marketing channels4 records
Iconergy product offering
Product offeringCore offering
Iconergy delivers integrated energy performance solutions for buildings and campuses, financing and implementing energy upgrades under Energy Savings Performance Contracts (ESPC) and providing design-build retrofitting, commissioning, retro-commissioning, monitoring-based commissioning, energy modeling, and energy audit services. The firm specializes in Deep Energy Retrofits (DERs) that cut energy use and emissions by 40% or more, serving federal, state, and local government agencies, healthcare systems, higher education, and K-12 schools across the United States.
Product overview
Iconergy offers a unified portfolio of energy performance solutions comprising seven integrated service offerings: Energy Performance Contracting (EPC), Design-Build Retrofitting, Commissioning, Retro-Commissioning, Monitoring-Based Commissioning, Energy Modeling, and Energy Audits & Consulting. These services are designed to work together as a comprehensive building optimization lifecycle—starting with audits and modeling to identify opportunities, through design-build implementation, commissioning and ongoing monitoring to ensure sustained performance. The company specializes in Deep Energy Retrofits (DERs) achieving 40%+ energy and emissions reductions, with 80% of federal projects achieving DER status. Services span across healthcare, higher education, K-12 schools, and local/state government markets.
Differentiator
Problem solved
Functional benefit
Products and services
- Energy Performance Contracting
Quantifiable outcome
- 80% of federal projects achieved Deep Energy Retrofit (DER) status
- +3 more outcomes
Companies that use Iconergy
Customer profileNamed customers19 records
Segments4 records
Ideal customer profiles4 records
Iconergy technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature1 record
Iconergy partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- CEG SolutionscoreIconergy announced a strategic merger with CEG Solutions in 2025. This merger combines the capabilities of both companies, with the merged entity continuing operations. Learn more at www.cegsolutions.com
Scale indicators4 records
Recent moves5 records
Expansion highlights4 records
Iconergy competitors and assessment
Company assessmentBroad incumbents
- Honeywell Building Technologies: Honeywell's building technologies business delivers building automation, energy management, and energy services to commercial and institutional customers. It competes with Iconergy on both the analytics/controls layer and on energy performance projects.
- Trane Technologies: Trane Technologies provides HVAC, building services, and energy efficiency solutions for commercial, institutional, and government customers. Its services portfolio overlaps with Iconergy's design-build retrofitting and commissioning work.
- Johnson Controls: Johnson Controls is a major building systems incumbent offering HVAC, building automation, and energy services including performance contracts. It is a frequent competitor for institutional, healthcare, and government energy efficiency projects.
- Siemens Smart Infrastructure: Siemens Smart Infrastructure offers building automation, energy management, and performance services for institutional and government clients. It is an incumbent competitor on large integrated energy and decarbonization projects.
- Schneider Electric: Schneider Electric is a global energy management and automation incumbent whose EcoStruxure platform and sustainability services address the same building energy optimization problems Iconergy solves. It competes broadly in the institutional and government energy management market.
Direct peers
- McKinstry: McKinstry is a national design-build, ESPC, and facility services firm serving K-12, higher education, healthcare, and government clients. Its integrated design-build retrofits and performance contracting directly mirror Iconergy's offering.
- Willdan Group: Willdan provides energy efficiency, ESPC, and engineering consulting services primarily to public agencies and utilities. Its municipal and public-sector focus overlaps heavily with Iconergy's local/state government segment.
- CEG Solutions: CEG Solutions is an energy services and ESPC firm that directly competes with and recently merged with Iconergy. It serves federal, state, and institutional clients with performance contracting and commissioning services, making it the most direct functional peer in the ESCO space.
- NORESCO: NORESCO is a long-established ESCO specializing in energy performance contracting and building retrofits for government, institutional, and commercial customers. Its ESPC-heavy model and institutional customer mix directly overlap with Iconergy.
- Ameresco: Ameresco is a publicly traded national ESCO delivering energy efficiency, renewable, and ESPC projects to federal, state, local, healthcare, and education clients. It is the most direct large-scale competitor to Iconergy's performance contracting model.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks6 records
Key highlights7 records
Customer concentration
Iconergy social profiles
Digital presenceIconergy financial estimates
Financial estimateRevenue estimate
Valuation estimate
Iconergy leadership team
Management profileNumber of profiles
Iconergy funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Iconergy 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 Iconergy
What does Iconergy do?
Iconergy delivers integrated energy performance solutions for buildings and campuses, financing and implementing energy upgrades under Energy Savings Performance Contracts (ESPC) and providing design-build retrofitting, commissioning, retro-commissioning, monitoring-based commissioning, energy modeling, and energy audit services. The firm specializes in Deep Energy Retrofits (DERs) that cut energy use and emissions by 40% or more, serving federal, state, and local government agencies, healthcare systems, higher education, and K-12 schools across the United States.
Is Iconergy a public or private company?
Iconergy is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Iconergy founded?
Iconergy was founded in 2010. It employs 11 to 50 people.
Where is Iconergy based?
Iconergy is headquartered in Denver, United States, in the North America region.
How does Iconergy make money?
Two revenue lines are on record. Energy Performance Contracting (ESPC) is the primary driver. The others are design-Build Retrofitting Services.
Who are Iconergy's main competitors?
Broad incumbents on record are Honeywell Building Technologies, Trane Technologies, Johnson Controls, Siemens Smart Infrastructure and Schneider Electric. Direct peers are McKinstry, Willdan Group, CEG Solutions, NORESCO and Ameresco.
Does Iconergy have an API?
No public API is recorded for Iconergy.
What industry is Iconergy in?
Iconergy's product category is Energy Performance Contracting & Building Efficiency Services. Its primary akta.pro industry code is EUAEAFAJ, Building Management & Facility Control Systems (BMS/BAS, Power Monitoring, EPMS), with a secondary code of BPABAGAJ, Microgrid, DER & Building Electrification Energy Controls (Solar/Storage/EV Load Orchestration). Its NAICS code is 2211 and its SIC code is 4900.