Lower Electric

What Lower Electric does

LowerElectric LLC is a privately held commercial energy consulting and brokerage firm founded in 2001 and headquartered in Northbrook, Illinois. The company serves business clients in deregulated US energy markets — specifically Illinois, Ohio, Connecticut, Pennsylvania, New York, and Texas, with stated willingness to serve any additional deregulated state — by acting as an intermediary between commercial customers and electricity and natural gas suppliers. Its core offering is a proprietary multi-supplier bidding process: expert consultants analyze a client's energy bills and usage, solicit competitive bids from top-tier energy providers, present side-by-side pricing comparisons, and manage contract negotiation, onboarding, billing issues, and renewal cycles on an ongoing basis.

The product portfolio extends beyond pure procurement into Budgeting (yearly fiscal cost estimation), Energy Efficiency (partner-connected lighting retrofits, HVAC upgrades, and utility rebates), Renewable Energy (REC procurement for LEED certification), and Benchmarking (regulatory compliance for municipal building energy ordinances). The underlying technology is a workflow-driven procurement and bidding platform rather than a software product; no APIs, applications, or AI capabilities are disclosed. The team of approximately 13 people is organized around functional leads for electricity, natural gas, customer service, and HR/operations, plus pricing analysts and benchmarking specialists.

LowerElectric generates revenue through transaction-based brokerage commissions and fees earned by securing favorable supply contracts for clients. Pricing is quote-based and not publicly disclosed, with multi-year contracts typical. The go-to-market is sales-led and inside-sales driven, with leads generated primarily through the company website, phone outreach, and a single blog channel. The firm has accumulated more than 7,000 serviced business locations and reports that most clients are long-term repeat customers, underscoring a retention-driven, relationship-based commercial model rather than a transactional software-as-a-service business.

Name

Lower Electric

Legal name

LowerElectric LLC

Website

https://lowerelectric.com

Company type

Private

Founded year

2001

Operating status

Operating

Headcount range

11–50 employees

Short description

LowerElectric LLC is a Northbrook, Illinois-based energy consulting firm founded in 2001 that helps commercial businesses in six deregulated US states reduce electricity and natural gas costs through a multi-supplier competitive bidding process and ongoing contract management.

Ownership category

akta.pro rank

Headquarters

HQ city

Northbrook

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Energy procurement brokerage: The company acts as an intermediary between businesses and energy suppliers, earning fees or commissions by securing favorable rates through their bidding process. They represent multiple natural gas and electricity suppliers and actively shop the market on behalf of clients.

Pricing tiers

Go-to-market motion2 records

Distribution channels2 records

Marketing channels2 records

Core offering

Lower Electric is an energy consulting and procurement broker that helps commercial businesses in deregulated US energy markets save money on electricity and natural gas. The firm analyzes client energy bills, requests bids from multiple top-tier energy suppliers, and provides side-by-side pricing comparisons to secure favorable contract rates. Supporting services include renewable energy procurement, building energy benchmarking, budgeting, and energy efficiency solutions.

Product overview

LowerElectric is an energy cost management service operating as a unified platform that helps business clients across deregulated states save money on electricity and natural gas. The core offering consists of Electricity Services and Natural Gas Services, which use a proprietary bidding process to shop multiple highly-rated energy suppliers on behalf of clients. Supporting modules include Budgeting Services (fiscal year energy cost estimation), Energy Efficiency Services (lighting retrofits, HVAC upgrades, utility rebates), Renewable Energy Services (RECs and green energy procurement for LEED certification), and Benchmarking Services (regulatory compliance for cities with building energy requirements). The platform positions itself as an ongoing energy management partner rather than a one-time transaction service, providing continuous support including billing issue resolution, contract management, and budget reporting.

Differentiator

Problem solved

Functional benefit

Products and services

• Electricity Services Electricity rate comparison and procurement service that shops multiple highly-rated energy providers to help commercial businesses secure the best electricity prices through a competitive bidding process. Targets companies in deregulated US states.
• Natural Gas Services Natural gas rate comparison and procurement service that represents multiple suppliers to negotiate contract rates and terms, helping businesses manage their natural gas costs in deregulated markets.
• Renewable Energy Services Renewable energy procurement including price quotes from various suppliers integrated into energy pricing, and one-time purchases of Renewable Energy Certificates (RECs) for LEED certification support. For commercial businesses seeking to meet sustainability goals.
• Benchmarking Services Building energy benchmarking service that handles periodic verification by authorized verifiers for cities requiring compliance, helping commercial building owners improve energy efficiency and avoid fines.
• Budgeting and Efficiency Services Yearly budget estimation based on current or projected contract prices, paired with partner-connected energy efficiency offerings including lighting retrofit solutions, utility rebates, and HVAC system upgrades to decrease carbon footprint and increase savings.

Quantifiable outcome

• Save money on electricity and natural gas bills

Named customers1 record

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Partnerships

One partnership is on record.

• Various energy suppliers (unspecified)coreChannel Partner/ Reseller/ DistributorThe company represents a variety of natural gas and electricity suppliers across deregulated states and actively shops the market on behalf of clients to get the best prices. Partners include top-tier, highly-rated energy providers. The company also partners with companies offering energy efficiency solutions including lighting retrofits, utility rebates, and HVAC upgrades.

Scale indicators4 records

Recent moves5 records

Expansion highlights4 records

Broad incumbents

• Constellation Energy: Large US retail electricity and natural gas supplier serving commercial and industrial customers, including direct competitive procurement services that compete with brokers like Lower Electric for large commercial accounts.
• ENGIE Impact: Global energy and sustainability services arm of ENGIE offering commercial energy procurement, renewables advisory, and carbon services to enterprises, competing in the same buyer space as independent brokers.
• Edison Energy: Global energy advisory and management services firm providing commercial energy procurement, sustainability, and efficiency services to large enterprises — overlaps with Lower Electric's value proposition at the upper end of the market.
• NRG Energy: Major US independent power producer and retail electricity provider with a significant commercial and industrial supply business that competes with brokers in deregulated markets including Texas (where Lower Electric operates).
• Schneider Electric: Global energy management and automation company whose sustainability and energy procurement services target commercial and industrial customers, providing a broader, technology-enabled alternative to traditional energy brokers.
• Direct Energy: Retail energy provider (NRG subsidiary) with a dedicated commercial business serving commercial customers in deregulated markets, including direct contracting that competes with broker-led procurement.

Direct peers

• Customized Energy Solutions: Energy market services and consulting firm providing procurement advisory, market intelligence, and contract management to commercial and institutional energy buyers in deregulated markets.
• Validus Energy Solutions: Commercial energy procurement broker serving businesses in deregulated US markets. Competes directly with Lower Electric on supplier-bidding, contract negotiation, and renewal management for commercial electricity and gas customers.
• APPI Energy: Commercial energy broker that helps businesses secure electricity and natural gas supply contracts in deregulated US markets through a multi-supplier bidding process. Directly comparable service model, customer base, and revenue mechanism to Lower Electric.
• Energy Management Inc. Independent commercial energy consulting and procurement firm focused on cost reduction for businesses in deregulated markets. Operates with similar consulting-led, multi-supplier RFP approach.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles13 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 Lower Electric