What Satori Energy does

Satori Energy is a full-service energy consulting and procurement advisory firm headquartered in Chicago, Illinois, founded in 2003 by David C. Wiers. The firm serves commercial, industrial, municipal, and residential clients across deregulated energy markets in 25+ U.S. states, the District of Columbia, Canada, and Mexico. Satori's core offering is energy procurement — leveraging a network of 65+ retail electricity and natural gas suppliers to secure competitive pricing for clients — supported by an integrated suite of services including budget and forecasting, market monitoring, contract negotiation, Energy Star benchmarking, demand response program enrollment, electricity aggregation, green energy / RECs procurement, community solar subscriptions, and on-site solar and microgrid advisory. The firm's technology is primarily proprietary procurement processes, market monitoring systems, and internal analytics capabilities that enable apples-to-apples supplier bid comparisons and timing-driven purchasing decisions for clients.

Satori's business model is commission-based: the firm is paid by retail energy suppliers when a client selects a supplier through Satori, with the same commission rate applied across all supplier partners to maintain unbiased representation. There is no out-of-pocket cost or switching fee to clients. Satori monetizes its long-term client relationships (55,000+ commercial and residential accounts, with $195M+ in client energy cost savings over 15 years) through ongoing contract administration, market monitoring, invoice auditing, and ancillary advisory services beyond initial procurement. The firm has executed an aggressive acquisition and partnership strategy — 8 acquisitions between 2011 and 2017 (including Select Energy Partners, Public Utility Brokers, Goby Procurement Division, Velocity Energy Group, WTX Power, InSource Power, Best Power, and Energy Choices) plus partnerships with EnergyNext, Carbonless Community, and Access Power Management — to expand geographic reach and product breadth.

In February 2021, Satori Energy Solutions, LLC was acquired by Priority Power Management, LLC, a private equity-backed (Ara Partners) independent energy management services firm, in a transaction that created a leading nationwide energy services provider. Founder David C. Wiers joined the Priority Power Executive Management Team, and Satori now operates as a brand within the Priority Power platform, continuing to serve clients across deregulated energy markets with the same advisory model.

Name

Satori Energy

Legal name

Satori Energy Solutions, LLC

Website

https://satorienergy.com

Company type

Private

Founded year

2003

Operating status

Operating

Headcount range

11–50 employees

Short description

Satori Energy is a Chicago-based full-service energy consulting and procurement advisory firm serving commercial, industrial, municipal, and residential clients across deregulated energy markets in the U.S., Canada, and Mexico. The firm leverages 65+ supplier relationships to provide commission-based energy procurement, market monitoring, contract negotiation, and sustainability advisory services to 55,000+ accounts.

Ownership category

akta.pro rank

Product category

Energy Consulting and Procurement Services

akta.pro primary industry

Supplier Tendering / RFP Management & Contract Negotiation Services (EUAGAEAE)

akta.pro secondary industry

Retail Supply + DER/Virtual Power Plant Bundles (Solar, Storage, DR) (EUAGABAI)

Keywords

• Energy procurement consulting
• Energy management services
• Retail energy advisory
• Electricity aggregation programs
• Energy cost optimization

Headquarters

HQ city

Chicago

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Supplier Commissions: Satori Energy earns commissions from retail energy suppliers that clients select. The commission is the same from each supplier, enabling unbiased representation for clients. No upfront out-of-pocket cost to clients.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels4 records

Core offering

Satori Energy is a full-service energy consulting and procurement advisory firm that helps clients in deregulated energy markets optimize energy expenditures. The company leverages relationships with over 60 retail electric and natural gas suppliers across North America to secure competitive pricing through a rigorous bid comparison process. Its core services include energy procurement, budget and forecasting, market monitoring, contract negotiation, and a full suite of complementary services spanning Energy Star benchmarking, demand response, electricity aggregation, green energy procurement, community solar, and on-site solar advisory.

Product overview

Satori Energy is a full-service energy consulting firm (not a software product company) offering a comprehensive suite of energy procurement and management services. The core offering centers on energy procurement consulting with strategic capabilities in market monitoring, contract negotiation, and budget forecasting. The company has expanded through acquisitions, including Select Energy Partners (a brand specializing in municipal aggregation), to offer complementary services spanning Energy Star benchmarking, demand response programs, ancillary services, electricity aggregation, green energy solutions, community solar, and on-site solar. The portfolio represents an integrated approach where procurement services are enhanced by market intelligence, benchmarking, and post-contract support, unified under a client-centric consulting model.

Differentiator

Problem solved

Functional benefit

Products and services

• Energy Procurement Core energy consulting service that leverages relationships with over 60 electric and natural gas suppliers across North America to secure competitive pricing through a rigorous bid comparison process with apples-to-apples comparisons.
• Budget & Forecasting Energy expense planning service that uses historical usage data and current regulated delivery rates combined with contracted supply rates to create month-by-month, line-item budgets for accurate financial planning.
• Market Monitoring Continuous monitoring of wholesale energy markets to identify optimal timing for locking in fixed rates, helping clients maximize savings by capitalizing on favorable market conditions.
• Contract Negotiation Expert contract review and negotiation service that helps clients understand industry-specific terms and conditions and secure fair terms with retail energy suppliers.
• Energy Star & Benchmarking Portfolio Manager platform tracking and Energy Star certification assistance service, including city-mandated benchmarking data submissions for buildings across the US.
• Demand Response Utility-initiated program evaluation and enrollment service that helps clients earn revenue by scaling down electricity usage during peak grid demand periods.
• Ancillary Services Post-contract consulting services including invoice auditing, due diligence for acquisitions, contract assignments, ownership transitions, and cost/benefit analysis.
• Electricity Aggregation Group purchasing program service that combines multiple clients to achieve economies of scale, with managed pools that purchase wholesale blocks of power at optimal market times.
• Green Energy Renewable energy purchasing solutions including Renewable Energy Credits (RECs) procurement to support LEED certification and sustainability goals.
• Community Solar Solar farm subscription service enabling businesses to access solar energy benefits without on-site installations, offering guaranteed savings on electricity bills and support for local renewable energy.
• On-site Solar Distributed generation advisory service covering solar PV, energy storage, and micro-grid technologies for on-site power generation solutions.
• Select Energy Partners Subsidiary company specializing in municipal electricity aggregation programs, particularly serving Illinois communities with group buying programs.

Quantifiable outcome

• Over $195 million in client energy cost savings over 15 years
• +5 more outcomes

Named customers3 records

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Four partnerships are on record, tiered core and minor.

• Priority Power ManagementcoreStrategic or Co-development Partner · 1 February 2021Priority Power Management acquired Satori Energy Solutions, LLC in February 2021. The transformative transaction creates a leading nationwide provider of energy services with significantly enhanced service offering, broadened geographic footprint, and industry expertise. David C. Wiers joined Priority's Executive Management Team.
• EnergyNext, Inc.coreStrategic or Co-development Partner · 20 April 2015Strategic partnership with EnergyNext, Inc. of Saratoga Springs to expand energy services for businesses, municipalities, and not-for-profit organizations. Satori brings robust back-office assets to support and create value for EnergyNext clients, combining Satori's procurement processes with EnergyNext's customer base.
• Access Power ManagementminorImplementation/ SI/ Consulting PartnerSatori Energy contracts with Access Power Management, owned by Steve Elpern, for specialty functions including business development, innovative thought concepts, and energy advisory services. Partnership established since 2005.
• Carbonless CommunityminorImplementation/ SI/ Consulting PartnerSatori Energy contracts with Carbonless Community, owned by Craig Schuttenberg, for specialty functions including integration of proprietary online reverse auction platform into national brokerage operations, acting as engineer of record, providing Energy Star benchmarking, building certifications, energy audits, and renewable energy feasibility studies.

Scale indicators7 records

Recent moves7 records

Expansion highlights5 records

Direct peers

• Edison Energy: Independent energy advisory firm providing energy procurement, sustainability, and DER advisory to large commercial, industrial, and institutional clients — overlapping directly with Satori's industrial, municipal, and large commercial segments.
• Resource Innovations: Energy consulting and advisory firm providing energy procurement, energy efficiency program design, and DER advisory to utilities, governments, and commercial clients — competing for the same municipal and commercial procurement mandates as Satori.
• Priority Power Management: Acquired Satori in February 2021 and is its parent company, but operates as a direct peer in the independent energy management and consulting space, serving similar commercial and industrial clients across North America with procurement, demand response, and energy management services.
• CPower: Demand-side energy management and virtual power plant operator that delivers demand response, energy efficiency, and grid services to commercial and industrial customers — directly overlapping with Satori's demand response program enrollment and DER advisory.
• U.S. Energy Consultants (USE Consulting): Mid-market energy procurement and consulting firm serving commercial, industrial, and institutional clients across deregulated U.S. markets — a direct competitor to Satori's advisory and broker services in the same customer segments.
• ENGIE Insight (formerly Ecova): One of the largest North American energy management and broker/consultant firms, providing utility bill management, energy procurement, sustainability, and demand response services to multi-site commercial and industrial enterprises — a direct competitor to Satori's core procurement offering.

Broad incumbents

• Constellation Energy: One of the largest U.S. competitive retail electricity and natural gas suppliers, offering direct procurement and energy management services to large commercial and industrial customers — competes with Satori by selling direct and bypassing broker commissions.
• Schneider Electric Energy & Sustainability Services: Global energy management and sustainability giant offering enterprise-level procurement advisory, energy benchmarking, and demand response — competes for the same large industrial and commercial accounts as Satori but with a much broader technology and services portfolio.

Emerging players

• Ascend Analytics: Energy analytics and advisory firm offering market intelligence, procurement optimization, and risk management software for utility and competitive energy markets — overlaps with Satori's market monitoring and budget/forecasting capabilities.
• Altenex (by EDF Renewables): Renewable energy advisory firm helping commercial and industrial buyers procure, contract, and manage on-site and off-site renewable energy — directly comparable to Satori's Green Energy, community solar, and on-site solar advisory practices.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/satorienergy

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles20 records

Subsidiaries1 record

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 Satori Energy