Simpson Electric Company

What Simpson Electric Company does

Simpson Electric Company, Inc. is a family-owned residential electrical contracting firm founded in 1954 and headquartered at 9048 Northfield Dr., Fort Mill, South Carolina, with a second operational office in Concord, North Carolina. The company provides on-site electrical services across nine counties in North Carolina and South Carolina (Cabarrus, Gaston, Iredell, Lancaster, Lincoln, Mecklenburg, Stanly, Union, and York), serving three primary customer segments: national and custom home builders (new-construction wiring for single-family homes, townhomes, and condominiums), individual homeowners (service, repair, and upgrades), and HOA management companies (community electrical maintenance).

Core offerings span residential wiring, service and panel upgrades, lighting installation (recessed, LED, security), ceiling fan and dimmer installation, EV charging outlets, GFCI and USB outlets, smoke and carbon monoxide detectors, smart home switches and outlets, whole-home surge protection, hot tub wiring, dedicated circuits, doorbell and motion sensor installation, and electrical inspections. The firm uses a proprietary internal operating computer system to track project details across multiple homes wired for builder partners. All electricians are direct W-2 employees, many with 10–30 years of tenure.

The business operates on a sales-led, project-based model. Pricing is quoted per project with free estimates offered on all work; no subscription, retainer, or licensing revenue streams are disclosed. The company holds an unlimited electrical contractor license in both North Carolina and South Carolina, is bonded and insured, and markets itself as one of the largest electrical contractors in the Charlotte, NC and SC area. Revenue figures are not publicly disclosed, and the firm has remained under family ownership across multiple generations with no external funding, acquisitions, or parent company involvement recorded in the source data.

Name

Simpson Electric Company

Legal name

Simpson Electric Company, Inc.

Website

https://simpsonelectricnc.com

Company type

Private

Founded year

1954

Operating status

Operating

Headcount range

101–250 employees

Short description

Simpson Electric Company is a family-owned residential electrical contractor founded in 1954, headquartered in Fort Mill, SC with an office in Concord, NC, serving homebuilders, homeowners, and HOA management companies across North and South Carolina with new-construction wiring, service, and electrical upgrades.

Ownership category

akta.pro rank

Product category

Residential Electrical Contracting Services

SIC

Electrical Work (1731)

akta.pro primary industry

Residential Electrical Installation & New Construction Wiring (HSAOADAA)

akta.pro secondary industries

Electrical Panel Upgrades & Service Changes (HSAOADAB), Circuit Breaker, Fuse & Tripped Breaker Repair (HSAOAEAB), Outlet, Switch & GFCI/AFCI Troubleshooting & Repair (HSAOAEAE)

Keywords

• Residential electrical contracting
• New home wiring
• Electrical service upgrades
• Lighting installation services
• Smart home electrical installation

Headquarters

HQ city

Fort Mill

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Others, Marketing or Sales

Revenue model

1. Electrical Installation Services: One-time project fees for residential electrical installation services including new home wiring for builders and electrical upgrades for homeowners. Revenue generated through project-based pricing for new construction wiring and service call fees for repair and maintenance work.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

Simpson Electric Company is a residential electrical contracting firm that wires new homes for custom and national tract home builders and provides electrical service, repair, and upgrade work for homeowners and HOA management companies in North Carolina and South Carolina. Services include new home wiring, service and panel upgrades, lighting installation, ceiling fans, EV charging outlets, GFCI/USB outlets, smoke and carbon monoxide detectors, smart home switches, surge protection, and electrical inspections.

Product overview

Simpson Electric Company is a full-service residential electrical contracting company offering a comprehensive suite of electrical services rather than a unified software product or platform. The company specializes in new home wiring (the core offering), electrical service and repair, lighting installation, and smart home device installation. Services are delivered through their own team of employees using their proprietary operating computer system for tracking project details. The company serves homeowners, custom home builders, national tract home builders, and HOA management companies across North Carolina and South Carolina.

Differentiator

Problem solved

Functional benefit

Products and services

• Residential New Home Wiring Complete electrical wiring for new residential construction including single-family homes, townhomes, and condominiums. Serves both custom home builders and large national tract home builders across North Carolina and South Carolina, with the ability to track details across multiple homes in a development via a proprietary operating computer system.
• Electrical Service and Repair Residential electrical service upgrades, panel upgrades, troubleshooting, and general electrical repair work for existing homes. Targets homeowners requiring electrical fixes, capacity upgrades, or troubleshooting.
• Lighting Installation Services Installation of recessed lighting, LED lighting, security lighting, dimmer switches, and lighting repair. Serves homeowners upgrading or repairing residential lighting.
• Smart Home and Specialty Device Installation Installation of smart home switches and outlets, EV charging outlets, GFCI-protected outlets, USB outlets, ceiling fans, doorbells, motion sensors, hot tub wiring, dedicated appliance circuits, and home surge protection. Serves homeowners modernizing or adding specialty electrical features.
• Safety Device Installation Installation of smoke detectors and carbon monoxide devices in residential properties. Supports homeowner safety compliance and code requirements.
• Electrical Inspections Electrical inspection services for residential properties. Used by homeowners and property managers to verify code compliance and electrical system condition.

Named customers4 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators3 records

Recent moves6 records

Expansion highlights4 records

Regional players

• Hoffman Electrical: Florida-based residential and commercial electrical contractor serving the Tampa Bay area. Comparable mid-sized regional electrical contractor with similar residential wiring and service offerings.
• Kolb Electric: Mid-Atlantic residential and commercial electrical contractor serving Maryland, Virginia, and DC. Comparable regional electrical contracting model with similar service offerings and customer segments to Simpson.
• Express Electrical Services: Southern California residential and commercial electrical contractor. Comparable regional electrical contracting operation with similar service mix including panel upgrades, EV charging, and home rewiring.
• John Moore Services: Texas-based residential electrical, plumbing, and HVAC services company serving the Houston and Dallas markets. Comparable as a multi-trade regional home services contractor with residential electrical as a core offering.
• WireNut Home Services: Colorado Springs-based residential electrical, plumbing, and HVAC services company. Comparable as a regional home services contractor with similar residential wiring and service categories.
• Casteel Electric: Georgia-based residential and commercial electrical contractor serving the greater Atlanta area. Comparable regional electrical contracting firm with similar residential wiring focus and service offerings.

Direct peers

• Mister Sparky Electric: National residential electrical services franchise providing wiring, repairs, panel upgrades, and installations for homeowners. Directly comparable as a residential electrical contractor serving similar customer needs across multiple U.S. markets.
• Mr. Electric: Neighborly-branded national electrical services franchise offering residential and light commercial electrical installation and repair. Comparable to Simpson as a residential-focused electrical contracting operation with multi-market reach.

Broad incumbents

• Mr. Handyman: National home repair and maintenance franchise covering multiple trades including electrical. Adjacent broader home services player that competes with Simpson Electric for homeowner service work.
• HomeServe USA: National home repair services company offering emergency electrical, plumbing, and HVAC service plans. Comparable in targeting homeowner service work through subscription-style offerings.

Market position

Strengths5 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/simpson-electric-company1954

Compliance3 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 Simpson Electric Company