Neeeco

What Neeeco does

Neeeco is a Massachusetts-based energy efficiency contractor operating as a Mass Save Home Performance Contractor since 2016. The company delivers whole-home energy services to Massachusetts homeowners, including no-cost home energy assessments, insulation upgrades, air sealing, heat pump installation, ENERGY STAR window replacement, solar installation, and bathroom renovation services. Its core technology is service-delivery oriented rather than software-based: certified energy specialists conduct in-person home evaluations using tools such as infrared camera scanning to identify energy loss, then recommend and install upgrades covered (up to 100%) by Mass Save rebates. Neeeco holds Massachusetts HIC (#185222), CSL (#096385), and Electrical (#8819A1) licenses, is BBB accredited, and is an ENERGY STAR partner.

The company operates from two Massachusetts offices—a Wilmington headquarters at 10 Upton Dr, Suite 8, and a southeast office in Brockton at 244 Liberty St—and serves customers of six Mass Save sponsor utilities: Eversource, National Grid, Unitil, Cape Light Compact, Berkshire Gas, and Liberty Utilities. Revenue derives from professional installation services and Mass Save contractor fees for assessments and weatherization work. Pricing is structured around Mass Save's no-cost or heavily subsidized model: assessments are free, insulation upgrades receive 75–100% rebates, heat pump rebates reach up to $16,000 for income-eligible households, and 0% HEAT Loan financing up to $25,000 is available. The primary customer segment is Massachusetts homeowners, with secondary segments including renters, landlords, and small commercial accounts. GTM combines direct-to-consumer scheduling (phone, website, self-service forms) with referral flow from the Mass Save program and partner utilities.

The company has no disclosed external funding and operates as a privately held Massachusetts LLC, with ownership retained by founders or private investors. Growth has been incremental—adding service categories and a second office—while remaining geographically confined to a single state program.

Name

Neeeco

Legal name

Neeeco LLC

Website

https://neeeco.com

Company type

Private

Founded year

2017

Operating status

Operating

Headcount range

51–100 employees

Short description

Neeeco is a Massachusetts-based Mass Save Home Performance Contractor delivering no-cost home energy assessments and subsidized insulation, air sealing, heat pump, window, solar, and bathroom renovation services to residential customers across the state.

Ownership category

akta.pro rank

Product category

Residential Energy Efficiency Services

akta.pro primary industry

Building Automation & Controls (BAS/BMS) Contracting (IMAFALAE)

akta.pro secondary industry

Building Automation & Controls (BAS/BMS) (HSAPAPAA)

Keywords

• Home energy efficiency
• Residential weatherization
• Home insulation services
• Air sealing services
• Heat pump installation

Headquarters

HQ city

Wilmington

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Professional Installation Services: Revenue generated from installing insulation, air sealing, windows, heat pumps, and other energy efficiency upgrades in Massachusetts homes. The company serves as both assessor and installer, handling the full project lifecycle from assessment to completion.
2. Mass Save Contractor Fees: As an approved Mass Save contractor, Neeeco receives compensation through the Mass Save program for conducting home energy assessments and performing weatherization work covered under program rebates.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels7 records

Core offering

Neeeco is a Massachusetts-based energy efficiency contractor and certified Mass Save Home Performance Partner that delivers whole-home services to improve comfort and lower energy use. The company conducts no-cost Mass Save Home Energy Assessments and performs insulation, air sealing, heat pump, window, door, shower/bath, and solar installations for Massachusetts homeowners under Mass Save program rebates and incentives. It also facilitates Mass Save HEAT Loan 0% financing up to $25,000 for qualifying energy efficiency upgrades.

Product overview

Neeeco is a Massachusetts-based energy efficiency contractor and certified Mass Save Home Performance Partner offering whole-home services designed to improve comfort, lower energy use, and elevate living spaces. The company's core service portfolio centers on the Mass Save Home Energy Assessment—a no-cost evaluation that identifies energy-saving opportunities and qualifies homeowners for rebates and incentives. Based on assessment findings, Neeeco delivers complementary installation services including Mass Save Insulation Services (up to 100% covered through rebates), Mass Save Air Sealing (provided at no cost), Energy Efficient Windows, Exterior Doors, and Shower & Bath renovations. The company also provides specialized heating and cooling solutions through Mass Save Heating & Cooling (featuring ductless mini-split and central heat pumps with rebates up to $16,000), Solar installation, and Mass Save Commercial Energy Assessments for businesses. Neeeco facilitates access to Mass Save financing through the HEAT Loan 0% Financing program (up to $25,000) and manages various rebate programs including window rebates, appliance rebates, heat pump rebates, and ConnectedSolutions solar battery incentives. The integrated service model guides customers from initial no-cost assessment through installation and rebate claim completion.

Differentiator

Problem solved

Functional benefit

Products and services

• Mass Save Home Energy Assessment

Quantifiable outcome

• Reduce heating and cooling costs by up to 20%
• +3 more outcomes

Named customers3 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Partnerships

Eight partnerships are on record, tiered core and minor.

• Mass Save ProgramcoreGTM or Marketing Partner · 1 January 2016Neeeco is a Mass Save Home Performance Contractor since 2016. The partnership allows Neeeco to offer no-cost home energy assessments and access Mass Save rebates for insulation, air sealing, heat pumps, windows, and appliances. Mass Save is a collaborative of Massachusetts utilities including Berkshire Gas, Cape Light Compact, Eversource, Liberty, National Grid, and Unitil.
• All In EnergyminorStrategic or Co-development PartnerPartnership with All In Energy to bring energy efficiency rebates and incentives to customers throughout Massachusetts. Collaborative effort to expand reach and impact of energy efficiency services.
• EversourcecoreGTM or Marketing PartnerEversource is one of the Mass Save Sponsors that provides rebates and incentives for energy efficiency improvements. Neeeco serves Eversource customers as a Mass Save contractor.
• National GridcoreGTM or Marketing PartnerNational Grid is one of the Mass Save Sponsors. Neeeco serves National Grid customers in Massachusetts as an approved Mass Save contractor.
• UnitilcoreGTM or Marketing PartnerUnitil is a Mass Save Sponsor providing energy efficiency rebates to Massachusetts customers. Neeeco serves Unitil customers as a Mass Save Home Performance Contractor.
• Cape Light CompactcoreGTM or Marketing PartnerCape Light Compact JPE is one of the Mass Save Sponsors operating in Cape Cod and Martha's Vineyard. Neeeco serves their customer territory.
• Berkshire GascoreGTM or Marketing PartnerBerkshire Gas is one of the Mass Save Program Sponsors serving customers in western Massachusetts. Neeeco serves Berkshire Gas customers as a Mass Save contractor.
• Liberty UtilitiescoreGTM or Marketing PartnerLiberty Utilities is a Mass Save Sponsor providing energy efficiency rebates to Massachusetts customers. Neeeco serves Liberty customers as an approved Mass Save contractor.

Scale indicators3 records

Recent moves1 record

Expansion highlights5 records

Broad incumbents

• CLEAResult: National energy efficiency services firm that designs, implements, and delivers utility energy efficiency programs including Mass Save-adjacent work. Operates at a much larger scale across many states and program types, but is comparable in delivering weatherization, HVAC, and assessment services on behalf of utility sponsors.
• Franklin Energy: National provider of energy efficiency and demand management services for utilities and government agencies. Operates across many state energy efficiency programs, performing assessments, weatherization, and HVAC retrofits — overlapping service lines with Neeeco's Mass Save work at a broader, multi-state scale.
• Willdan Energy Solutions: Division of Willdan Group that delivers energy efficiency, grid modernization, and decarbonization services for utilities and government clients. Comparable business in executing utility-sponsored efficiency programs, with deeper geographic and service-line breadth than Neeeco.
• Eversource: One of the largest Massachusetts utilities and a Mass Save program sponsor that funds and processes rebates for the energy efficiency work Neeeco performs. Not a direct competitor but a key program partner and the dominant funder of Neeeco's rebate-driven revenue model.

Emerging players

• EnergySage: Online marketplace that connects homeowners with solar, heat pump, and other clean energy installers and provides rebate/incentive shopping tools. Comparable in targeting the same electrification-driven Massachusetts homeowner, but uses a marketplace model rather than direct installation services.

Direct peers

• RISE Engineering: Massachusetts energy efficiency firm providing home energy assessments, insulation, air sealing, and heat pump services through Mass Save and similar programs. Directly comparable service portfolio and customer base to Neeeco within the same regional program channel.
• VEIC: Vermont-based nonprofit that operates Efficiency Vermont, the nation's first energy efficiency utility, delivering whole-home assessments, weatherization, and HVAC services to homeowners. Highly comparable service model to Neeeco, but operates a state-level efficiency utility rather than contracting under a Mass Save-style sponsor program.
• HomeWorks Energy: Massachusetts-based home energy efficiency contractor and Mass Save Home Performance Contractor offering insulation, air sealing, and heat pump installation to the same homeowner segment. Closest direct competitor, also selling through the Mass Save program with a similar assessment-to-installation model.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/gowithNEEECO
• Facebookfacebook.com/NeeecoLLC
• LinkedInlinkedin.com/company/neeeco-llc
• Instagraminstagram.com/neeeco_saves

Compliance5 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 Neeeco