What Everwatt does

EverWatt Lights, LLC is a U.S.-based, privately held Energy Services Company founded in 2013 and headquartered in Hayward, California. The company designs, manufactures, and distributes a proprietary line of commercial and industrial LED lighting products — including corn bulbs, high bay UFO fixtures, shoebox area lights, wall packs, canopy lights, troffers, retrofit kits, and dusk-to-dawn security fixtures — built around an intelligent mesh monitoring system that detects failed fixtures and triggers proactive replacement.

EverWatt's primary commercial model is a "Lighting as a Service" subscription in which it finances, installs, and maintains LED retrofits at no upfront cost to the customer. Customers pay a monthly fee guaranteed to be lower than their existing lighting bill for a 4-5 year term; EverWatt captures a percentage of the electricity savings, and the lights and remaining savings transfer to the customer at the end of the term. The company also sells LED products directly via its website and Amazon marketplace for buyers who prefer outright purchase. Distribution combines direct enterprise field sales with a nationwide network of licensed electrical contractor partners, supplemented by PG&E's On-Bill Financing in PG&E territory.

The company targets commercial, industrial, healthcare, educational, warehouse/logistics, and government/municipal facilities with monthly power bills over $500. Named enterprise customers include Highland Hospital, YRC Freight, McLane Distribution, First Class Trucking, Contra Costa County Fire Protection District, Moreau Catholic High School, Tire Choice, Oil Changers, Livermore Airport, and references to Budweiser, Harley Davidson, JFK Airport, JetBlue, NASA, and IKEA. Beyond lighting, EverWatt offers building automation integration, HVAC optimization, and ASHRAE Level III energy consulting as full-service energy management extensions, anchored by its U.S. Department of Energy Certified Energy Services Company credential.

Name

Everwatt

Legal name

EverWatt Lights, LLC

Website

https://everwattlights.com

Company type

Private

Founded year

2013

Operating status

Operating

Headcount range

11–50 employees

Short description

EverWatt is a U.S. Department of Energy Certified Energy Services Company that manufactures commercial and industrial LED lighting and delivers it through a no-upfront-cost "Lighting as a Service" subscription to facilities with monthly power bills above $500. It serves commercial, industrial, healthcare, education, government, and logistics customers across the United States via direct sales and a licensed contractor partner network.

Ownership category

akta.pro rank

Headquarters

HQ city

Hayward

HQ country

United States

HQ region

North America

Offices3 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Lighting Subscription (Lighting as a Service): EverWatt finances and installs LED lighting upgrades at no upfront cost to customers. Customers pay a monthly subscription fee guaranteed to be lower than their current lighting costs for a 4-5 year period. After the subscription ends, customers keep the lights and savings. EverWatt generates revenue by taking a percentage of the electricity savings.
2. LED Product Sales: Direct sales of LED fixtures and bulbs to customers who prefer to purchase rather than subscribe. Products include corn bulbs, shoebox lights, wall packs, high bay fixtures, and various commercial/industrial LED solutions.
3. Contractor Partnership Revenue: Revenue generated through preferred contractor network partnerships where contractors install EverWatt products and receive standard installation payments while EverWatt retains the subscription/service revenue stream.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels6 records

Core offering

EverWatt manufactures and sells its own line of commercial and industrial LED lighting fixtures (corn bulbs, high bays, shoebox lights, wall packs, troffers, canopy lights, security lights, retrofit kits). The company delivers these primarily through a 'Lighting as a Service' subscription in which EverWatt finances, installs, owns, and maintains the LED upgrades, charging customers a monthly fee guaranteed to be lower than their current lighting costs for 4–5 years, after which the lights and all savings transfer to the customer. EverWatt is also a U.S. Department of Energy Certified Energy Services Company offering building automation integration, HVAC optimization, and energy consulting services.

Product overview

EverWatt is a Department of Energy Certified Energy Services Company offering a comprehensive portfolio of LED lighting products and energy efficiency services. The core offering consists of proprietary LED lighting fixtures and bulbs manufactured in-house, including corn bulbs, high bay fixtures, shoebox lights, wall packs, canopy lights, troffers, and security lights. These products are complemented by a 'Lighting as a Service' subscription model that finances, installs, and maintains LED upgrades with guaranteed savings. The company also provides building automation, HVAC optimization, and energy consulting services as part of its full-service energy management approach.

Differentiator

Problem solved

Functional benefit

Products and services

• Lighting as a Service (Subscription) A subscription-based lighting upgrade service in which EverWatt finances, installs, owns, and maintains LED lighting at commercial and industrial customer sites. Customers pay a monthly fee guaranteed to be lower than their current lighting costs over a 4–5 year term; after the term ends, ownership of the fixtures and all ongoing savings transfer to the customer. Includes proactive maintenance and replacement driven by EverWatt's intelligent mesh monitoring system.
• Building Automation Services Control system integration services using an agnostic approach across multiple control manufacturers, selecting the right tool for each application to maximize customer ROI rather than pushing proprietary products.
• HVAC Services Smarter building solutions across multiple HVAC platforms including boilers, chillers, variable frequency drives (VFDs), retro-commissioning, and system integration, delivered as part of EverWatt's broader energy services portfolio.
• Energy Consulting Engineering and auditing services ranging from basic engineering work to ASHRAE Level III energy audits, designed to identify building optimization opportunities and maximize return on investment for customers.
• Direct LED Product Sales Direct sale of EverWatt-manufactured LED fixtures and bulbs (including corn bulbs, shoebox lights, wall packs, high bay fixtures, and other commercial/industrial solutions) through the company's website and Amazon marketplace for customers who prefer to purchase rather than subscribe.

Quantifiable outcome

• Highland Hospital saves 1.1 million kWh and $200,000+ annually after LED upgrade
• +3 more outcomes

Named customers10 records

Segments6 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Three partnerships are on record, tiered core.

• PG&E (Pacific Gas and Electric)coreStrategic or Co-development PartnerEverWatt participates in PG&E's On-Bill Financing Program, which allows customers in PG&E territory to access financing for energy efficiency upgrades. This partnership enables customers to pay for LED upgrades through their utility bill rather than traditional financing.
• Department of EnergycoreStrategic or Co-development PartnerEverWatt is a Department of Energy Certified Energy Services Company, appearing on the DOE's qualified list of energy service companies. This certification enables participation in federal programs and validates their technical capabilities.
• Licensed Electrical ContractorscoreChannel Partner/ Reseller/ DistributorNetwork of preferred electrical contractors across the country who install EverWatt products and can offer the LED Lease to their customers. Contractors benefit from leads, professional quote generation support, and access to a competitive offering for their bids.

Scale indicators4 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• Cree Lighting: Cree Lighting is a major LED fixture manufacturer serving commercial, industrial, and architectural markets globally. Comparable on the LED product portfolio but at much larger scale; competes on premium performance and smart controls rather than LaaS packaging.
• NORESCO: NORESCO is a major US ESCO providing energy efficiency and infrastructure upgrade services including lighting retrofits for institutional and government clients. Comparable on the ESCO/service-led delivery model and overlapping customer verticals.
• Hubbell Lighting: Hubbell Lighting is a long-standing US manufacturer of commercial, industrial, and outdoor lighting products across multiple brands. Comparable on the LED retrofit product portfolio and channel/distribution model; larger scale and broader portfolio.
• GE Current, a Daintree company: GE Current provides LED lighting, controls, and smart building solutions for commercial and industrial customers, including a service-based commercial model. Comparable on product offering, smart controls focus, and service-enabled sales motion.
• Signify (Philips Lighting): Signify is the global leader in lighting with Philips, Color Kinetics, and connected lighting systems for commercial/industrial use. Comparable product portfolio and customer base; competes via scale, IoT platforms, and managed service offerings.
• Ameresco: Ameresco is a publicly traded ESCO delivering energy efficiency, lighting, and renewable projects to government, healthcare, and education customers. Comparable on the DOE ESCO positioning and energy-savings-as-a-service model across overlapping verticals.
• Acuity Brands: Acuity is one of the largest North American lighting and building solutions providers with deep commercial/industrial coverage and an expanding service/controls portfolio. Comparable on product breadth and verticals; far larger scale and broader service offering.

Direct peers

• Orion Energy Systems: Orion is a direct competitor in commercial/industrial LED lighting retrofits, including a Lighting-as-a-Service model. Highly comparable on product scope (LED fixtures for warehouses, manufacturing, parking lots) and on the subscription/no-upgrade-cost sales motion.
• Energy Focus: Energy Focus designs and manufactures commercial LED lighting and offers energy-efficient retrofit solutions for industrial, educational, and military markets. Comparable on product category, customer verticals, and focus on energy-savings-driven retrofits.

Emerging players

• McGill Environmental Systems: McGill is a regional ESCO offering lighting, HVAC, and energy-efficiency retrofits with a similar managed-service orientation. Comparable on service model and customer types, though smaller in scale and narrower in geographic coverage.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/everwattlights
• Facebookfacebook.com/everwatt
• LinkedInlinkedin.com/company/everwattlights

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

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 Everwatt