Energy Plus

Name

Energy Plus

Legal name

Energy Plus NY

Website

https://energyplusny.com

Company type

Private

Founded year

2010

Operating status

Operating

Headcount range

51–100 employees

Ownership category

akta.pro rank

Product category

Energy Efficiency Services

SIC

Electric & Other Services Combined (4931), Refrigeration & Service Industry Machinery (3580)

akta.pro primary industry

Electrical Heat Tracing & Insulation (EHT, Thermal/Acoustic Insulation) (EUAEAFAI)

akta.pro secondary industries

Repowering, Augmentation & Retrofit Integration (Capacity Expansion) (EUAEAEAL), Residential / Behind-the-Meter Storage Installation & Integration (EUAEAEAC), Battery Safety Engineering (Fire Detection/Suppression, Hazard Mitigation) & Code Compliance (EUAEAEAI), Energy & Utilities in Manufacturing (Energy Management/Smart Metering) (IMAIAMAK), Asset Management & Owner’s Engineering (Lifecycle Strategy, Budgeting, Technical Due Diligence) (EUAMAGAJ)

Keywords

• Energy efficiency services
• Mechanical insulation
• EV charging installation
• NYC local law compliance
• Rebates and incentives

Headquarters

HQ city

Brooklyn

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Energy Efficiency Services (Insulation, Firestopping, Steam Upgrades, HVAC): Energy Plus earns fees for delivering turnkey energy efficiency services including plumbing/mechanical insulation, firestopping, steam system upgrades, smart HVAC thermostat installation, roof insulation, lead abatement, and local law compliance services. Revenue is generated through project-based service fees, with costs partially offset by secured rebates and incentives captured for clients.
2. Rebate and Incentive Processing Services: Energy Plus identifies, files, and captures rebates and incentives (utility, state, federal) on behalf of clients, earning a fee for processing and maximizing incentive capture. They have secured over $18.5M in incentives for customers across 515,000+ locations analyzed and 13,000+ applications filed.
3. EV Charging Infrastructure Deployment: Energy Plus installs EV charging stations for commercial and multi-family properties, covering permitting, facility infrastructure upgrades, and installation. The company also operates an EV charging management platform and app. Revenue includes installation fees, ongoing platform/service fees, and facilitation of infrastructure financing.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels6 records

Core offering

Energy Plus is a turnkey energy efficiency services contractor that delivers consulting, engineering, installation, rebate capture, and NYC Local Law compliance for commercial, industrial, healthcare, and multi-family residential properties. Its service portfolio spans plumbing and mechanical insulation, firestopping, steam system upgrades, smart HVAC thermostats, roof insulation, lead abatement, and EV charging infrastructure deployment. The company operates a proprietary EV charging management platform and mobile app and helps clients identify, file, and capture utility, state, federal, and local incentives.

Product overview

Energy Plus is a New York-based energy-efficiency contractor offering a comprehensive portfolio of services under a unified platform. The core offerings center on EV charging infrastructure (EV Charging Management Platform, Energy Plus EV Charging App, and the Eplug sub-brand) and energy conservation services (plumbing/mechanical insulation, firestopping, steam system upgrades, Local Law compliance, rebates and incentives, smart HVAC thermostats, roof insulation, and lead abatement). The company operates as a single unified service provider rather than a modular software platform, combining consulting, engineering, installation, and compliance services for commercial and multi-family properties across the United States.

Differentiator

Problem solved

Functional benefit

Products and services

• Plumbing and Mechanical Insulation Services Insulation solutions for pipes, ducts, and mechanical systems using fiberglass, ArmaFlex, Fyrewrap, and high-temperature materials to improve energy efficiency and meet NYC energy codes. Targeted at commercial, industrial, multi-family residential, and healthcare property owners.
• Firestopping Services UL-certified fire-resistant sealing and passive fire protection solutions covering curtain wall, carpentry, masonry, and mechanical, electrical, and plumbing penetrations to prevent spread of flames and smoke. Serves commercial, multi-family, and industrial property owners.
• Steam System Upgrades Heating system optimization services including thermostatic radiator valves (manual and WiFi-enabled), steam trap repair and replacement, master venting, and radiator enclosures to improve efficiency and reduce heating costs. Built around smart HVAC hardware with smartphone app connectivity for individual room temperature control.
• Local Law Compliance Services Compliance consulting and filing services for NYC energy mandates including Local Laws 84, 87, 95/133, and 97, covering energy benchmarking, audits, retro-commissioning, and carbon footprint reduction. Targets commercial and multi-family property owners subject to NYC regulation.
• Rebates and Incentives Services Rebate identification, maximization, and filing services for energy efficiency projects, leveraging federal tax credits and state, local, and utility incentives across the United States. The company has captured $18.5M+ in incentives across 515,000+ locations analyzed and 13,000+ applications filed for customers and trade partners.
• EV Charging Infrastructure Deployment Turnkey EV charging station installation for commercial and multi-family properties, covering permitting, facility infrastructure upgrades, charger deployment, and a proprietary management platform with a dedicated end-user app. Includes battery-backed depot model developed with XCharge (44 GridLink units, 9.46 MWh storage, 88 parking spaces) and payment processing partnership with Nayax covering an anticipated 2,200 connections.
• Smart HVAC Thermostats

Quantifiable outcome

• Reduce energy consumption by up to 80%
• +5 more outcomes

Named customers10 records

Segments5 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

One partnership is on record.

• XCharge North AmericacoreStrategic or Co-development Partner · 7 January 2026Energy Plus partnered with XCharge North America (subsidiary of XCHG Limited, NASDAQ: XCH) to build one of the largest battery-backed EV charging depots in the United States in Williamsburg, Brooklyn, NYC. The facility features 44 GridLink units with 9.46 MWh of energy storage across 88 parking spaces, scheduled to go live in Q2 2026. The project supports NYC's energy-resiliency priorities, using battery storage to draw energy at off-peak times and return it during peak demand. Energy Plus plans to replicate this model in other major U.S. cities through its Eplug brand.

Scale indicators10 records

Recent moves5 records

Expansion highlights6 records

Direct peers

• McKinstry: Privately held national energy services firm delivering design, MEP, and energy efficiency retrofits for buildings. Comparable on full-stack turnkey delivery for large commercial and institutional properties.
• EVgo: Public fast-charging EV network with a software platform for site hosts and drivers. Adjacent competitor on the EV charging platform side, with deeper software capabilities but less focus on multifamily retrofit installation.
• Willdan Group: Public energy efficiency and sustainability services firm providing energy audits, retro-commissioning, and compliance services to commercial, municipal, and multifamily clients. Closest direct competitor to Energy Plus's audit/compliance/rebate service model, with national reach.
• ChargePoint: Pure-play EV charging network operator with both hardware and a cloud software platform for commercial and multifamily properties. Closest software-side competitor to Energy Plus's Eplug platform and EV management app.
• Performance Contracting Group: Privately held national commercial insulation and specialty contractor. Directly comparable on mechanical/plumbing insulation, firestopping, and energy efficiency retrofits for large buildings.
• Limbach Holdings: Public mechanical contractor focused on HVAC, plumbing, and building systems for commercial and institutional properties. Comparable on steam system work, mechanical insulation, and energy retrofits.
• Blink Charging: Public EV charging equipment and network provider serving multifamily, commercial, and workplace segments. Comparable to Energy Plus's EV charger deployment and recurring platform offering.

Broad incumbents

• EMCOR Group: Large public mechanical and electrical services contractor with significant energy efficiency and building services exposure. Competes with Energy Plus for MEP, insulation, and HVAC retrofit work, though as part of a much broader facilities services portfolio.
• IES Holdings: Public electrical and mechanical services provider offering commercial/industrial retrofits including insulation, HVAC, and building systems. Comparable on MEP insulation and steam/HVAC work; broader scale and multi-region footprint.

Emerging players

• SemaConnect: EV charging solutions provider specializing in multifamily, workplace, and commercial real estate. Direct overlap with Energy Plus's multifamily EV charger installations, though smaller in scale.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xtwitter.com/energyplusny
• Facebookfacebook.com/energyplusny
• LinkedInlinkedin.com/company/energy-plus-new-york
• Instagraminstagram.com/energyplusny

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 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 Energy Plus