Bolt Energy

What Bolt Energy does

Bolt Energy Services is an independent retail natural gas provider founded in 2018 and headquartered in Congers, New York. The company supplies natural gas to residential customers in deregulated energy markets across four U.S. states: California (via partnerships with PG&E and SoCalGas), Indiana, Illinois, and Ohio (via partnerships with the respective local gas utilities). The core product is a fixed-rate natural gas plan that protects customers from market price fluctuations, with automatic contract renewal at the same rate and switching logistics handled end-to-end by Bolt Energy with no service disruption. Customers enroll through a self-serve zip-code-gated web form or via phone-based inside sales at 1-800-213-2870, and billing is consolidated through the customer's local utility with Bolt Energy's commodity charges appearing as a line item.

The product surface extends beyond commodity supply with three value-added components. The Carbon Offset Program bundles third-party verified offsets that neutralize approximately 11.8 lbs of CO2 per ccf of customer usage. The Bolt Rewards Program issues monthly Reward Dollars redeemable across more than 500,000 retail locations through partnerships with hotels (Hilton, Hyatt), restaurants (TGI Fridays, Subway, Texas Roadhouse, Panera Bread, Dunkin), and major retailers (Amazon, Target, Home Depot). An Energy Saving Tips content hub supports SEO-driven customer acquisition. The technology stack is described as a retail energy services platform with no proprietary AI, API, or SDK components disclosed.

The business model is subscription-recurring residential commodity supply in deregulated markets. Bolt Energy does not own distribution infrastructure; it supplies the gas commodity while local utilities handle delivery, transmission, and billing. Specific price points are not publicly disclosed and require zip-code lookup. The company is private, with 11–50 employees, no disclosed funding rounds, no M&A activity, and no senior leadership bios available in the source material. Customer concentration is structurally low given the residential long-tail model, though the company competes in a commoditized market against both incumbent utilities and other retail energy providers.

Name

Bolt Energy

Legal name

Bolt Energy Services

Website

https://boltenergyservices.com

Company type

Private

Founded year

2018

Operating status

Operating

Headcount range

11–50 employees

Short description

Bolt Energy is a private retail natural gas supplier serving residential customers in four U.S. deregulated markets (California, Indiana, Illinois, Ohio) through utility partnerships, offering fixed-rate plans bundled with a carbon offset program and a multi-brand rewards loyalty program.

Ownership category

akta.pro rank

Product category

Retail Natural Gas Supply

NAICS

Natural Gas Distribution (22121), Natural Gas Distribution (2212), Natural Gas Distribution (221210)

SIC

Natural Gas Distribution (4924), Gas & Other Services Combined (4932)

akta.pro primary industry

Competitive Retail Natural Gas Supply (Residential & SMB) (EUAGABAC)

akta.pro secondary industries

Regulated Natural Gas Utility (LDC) Customer Acquisition & Switching (EUAAADAA), Demand-Side Management & Energy Efficiency Programs (Gas) (EUAAADAI)

Keywords

• Retail energy supply
• Natural gas plans
• Residential gas services
• Fixed rate energy
• Deregulated energy markets

Headquarters

HQ city

Congers

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Natural Gas Supply: Bolt Energy generates revenue by supplying natural gas to residential customers in deregulated markets. Customers pay for natural gas at fixed rates negotiated through supply contracts, with billing handled through the customer's local utility where Bolt Energy charges appear as a line item.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels4 records

Core offering

Bolt Energy is a retail natural gas supplier that sells fixed-rate gas supply plans to residential customers in U.S. deregulated markets (California, Indiana, Illinois, and Ohio). Customers enroll online or by phone, the switch from their local utility is handled entirely by Bolt Energy without service disruption, and the customer's utility continues to deliver the gas and issue a consolidated bill that includes Bolt Energy's commodity charges as a line item. Each plan is bundled with a carbon offset program that funds third-party projects to neutralize the CO2 equivalent of the customer's natural gas usage.

Product overview

Bolt Energy is an independent retail energy services provider supplying natural gas to customers across deregulated markets in the United States. The core product is the Fixed Rate Natural Gas Plan, which provides customers with predictable energy costs through fixed pricing. The Bolt Rewards Program operates as a companion loyalty offering, delivering monthly Reward Dollars redeemable across a network of over 500,000 brand partners. The Carbon Offset Program is bundled with plans to neutralize environmental impact from natural gas usage. An FAQ section and Energy Saving Tips resource provide customer support and education.

Differentiator

Problem solved

Functional benefit

Quantifiable outcome

• 100% of natural gas CO2 emissions offset through carbon offset program
• +1 more outcomes

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

13 partnerships are on record, tiered core and minor.

• PG&E (Pacific Gas and Electric)coreOthersPG&E is a major California utility that delivers natural gas to homes and businesses. Bolt Energy works with PG&E to supply natural gas to customers in California, with PG&E handling delivery infrastructure and billing while Bolt Energy supplies the gas commodity.
• SoCalGas (Southern California Gas Company)coreOthersSoCalGas is the largest natural gas utility in the United States, serving Southern California. Bolt Energy partners with SoCalGas to deliver natural gas supply to customers in the SoCalGas service territory.
• Local Utilities (Indiana, Illinois, Ohio)coreOthersBolt Energy partners with local gas utilities across Indiana, Illinois, and Ohio to supply natural gas in these deregulated markets. The local utilities continue to deliver gas and handle customer billing.
• Hilton Hotels & ResortsminorGTM or Marketing PartnerHilton is a rewards partner in the Bolt Energy Rewards program, allowing customers to redeem their reward dollars on hotel stays, flights, cruises, and vacation packages.
• Hyatt HotelsminorGTM or Marketing PartnerHyatt is a rewards partner in the Bolt Energy Rewards program, offering customers discounts on hotel accommodations as part of their reward redemption options.
• AmazonminorGTM or Marketing PartnerAmazon is featured in the Bolt Energy daily gift card giveaways and reward redemption options, allowing customers to earn and redeem rewards for Amazon purchases.
• TargetminorGTM or Marketing PartnerTarget participates in the Bolt Energy daily gift card giveaways and reward program, offering customers gift card redemption options.
• Home DepotminorGTM or Marketing PartnerHome Depot is included in the Bolt Energy daily gift card giveaways program and reward redemption options.
• TGI FridaysminorGTM or Marketing PartnerTGI Fridays is a restaurant rewards partner in the Bolt Energy program, offering buy one get one free appetizers and other dining rewards.
• SubwayminorGTM or Marketing PartnerSubway is a restaurant partner in the Bolt Energy Rewards program, providing customers with dining discount options.
• Texas RoadhouseminorGTM or Marketing PartnerTexas Roadhouse is a restaurant rewards partner in the Bolt Energy program, offering dining discounts to customers.
• Panera BreadminorGTM or Marketing PartnerPanera Bread is a restaurant partner in the Bolt Energy Rewards program, providing meal discount redemption options.
• DunkinminorGTM or Marketing PartnerDunkin is included in the Bolt Energy daily gift card giveaways and reward redemption options.

Scale indicators2 records

Recent moves5 records

Expansion highlights4 records

Direct peers

• Direct Energy: One of the largest competitive retail energy suppliers in North America, selling natural gas and electricity to residential and SMB customers across many of the same deregulated states Bolt Energy serves. Operates with a comparable fixed-rate product model and utility-switching workflow.
• Xoom Energy: Shell-owned competitive retail energy supplier offering fixed and variable natural gas and electricity plans to residential customers in multiple U.S. deregulated states. Directly comparable to Bolt on product structure, target customer, and acquisition channel mix.
• IDT Energy: Competitive retail energy supplier offering natural gas and electricity to residential and small commercial customers in deregulated U.S. states. Comparable customer-acquisition motion and fixed-rate product set.
• Public Power: Shell-owned retail electricity and natural gas supplier serving residential customers in deregulated U.S. markets. Directly competes with Bolt in similar geographies on fixed-rate plans and self-serve online enrollment.
• Spark Energy: Shell subsidiary selling residential natural gas and electricity in multiple U.S. deregulated states. Closely comparable to Bolt on product design, self-serve enrollment, and partnership-driven delivery model.
• Major Energy Services: Competitive retail natural gas and electricity supplier focused on residential customers in deregulated U.S. states. Competes head-to-head with Bolt on fixed-rate plans, online enrollment, and value-added perks in overlapping service territories.
• Ambit Energy: Competitive retail electricity and natural gas supplier with a multi-level/channel sales motion serving residential customers in deregulated states. Comparable on fixed-rate product design and deregulated-market positioning.
• CleanSky Energy: Independent retail natural gas supplier offering fixed-rate residential plans in deregulated markets, with a carbon-offset-style environmental positioning similar to Bolt Energy's bundled offset offering.

Emerging players

• Green Mountain Energy: Retail electricity supplier with a strong renewable/carbon-offset brand identity, analogous to Bolt's environmental positioning. Operates in fewer overlapping gas markets but is a direct comparator on ESG-driven customer acquisition.

Broad incumbents

• Constellation Energy: Large U.S. energy company with a residential retail supply arm (Constellation Home) competing in deregulated natural gas and electricity markets. A much broader incumbent with deeper capital, brand, and product diversification than Bolt.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks6 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/BoltEnergyServices
• LinkedInlinkedin.com/company/bolt-enegy123

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 Bolt Energy