Comet Electric

What Comet Electric does

Comet Electric is a full-service electrical contractor serving commercial, aviation, healthcare, education, transportation/transit, public works, and entertainment end markets across California and Nevada. Founded in 1976 (per the company timeline; firmographics metadata lists 1993), the company delivers electrical and low-voltage scope on complex, multi-year infrastructure projects, with concentrated activity at Los Angeles World Airports (LAX), the Los Angeles Metro system, the Port of Long Beach, and the Los Angeles Unified School District. Its leadership transitioned in 2025 with Tim Erno named President, following Adam Saitman's tenure that spanned the 2023 acquisition by Valley Electric Company, Inc.; both Valley and Comet were subsequently acquired by MYR Group (NASDAQ:MYRG) in a deal that closed July 1, 2026.

The company's service portfolio spans preconstruction, design-build/assist, Building Information Modeling (BIM), a 10,000-square-foot prefabrication facility at its Chatsworth, CA headquarters, full electrical systems installation, low-voltage systems integration (structured cabling, fire alarm, CCTV, access control, paging, fiber), 24-hour service and maintenance, and predictive maintenance. Notable flagship projects include the $63.8M electrical scope on the LAX Automated People Mover P3 project, the $81.3M Omnitrans sbX E Street Corridor, the LACMTA Purple Line Extension, and various LAX terminal modernization and tenant improvement programs for American, Delta, and Alaska Airlines.

Comet Electric generates revenue through project-based, competitively bid contracts, either as a subcontractor to general contractors (Turner Construction, Skanska-Traylor-Shea joint venture, PCL, Clark) or as a direct contractor to public owners (LAWA, LAUSD, LACMTA, Port of Long Beach). The company's $250M single-project bonding capacity and over $450M aggregate capacity are the principal financial enablers of its mega-project backlog. Business development is driven by reputation, awards, and direct relationship management rather than broad digital marketing, and the company holds California General Engineering and C-10 Electrical License No. 681827 and City of LA Local Business Enterprise (LBE) certification #5284.

Name

Comet Electric

Legal name

Comet Electric Inc.

Website

https://cometelectric.com

Company type

Private

Founded year

1976

Operating status

Operating

Headcount range

11–50 employees

Ownership category

akta.pro rank

Product category

Electrical Contracting Services

NAICS

Electrical Contractors and Other Wiring Installation Contractors (23821), Building Equipment Contractors (2382)

SIC

Construction - Special Trade Contractors (1700)

akta.pro primary industry

Electrical Contracting (Commercial/Industrial) (IMAIABAC)

Keywords

• Electrical contracting services
• Commercial electrical installation
• Low-voltage systems integration
• Design-build electrical services
• Industrial electrical construction

Headquarters

HQ city

Chatsworth

HQ country

United States

HQ region

North America

Offices3 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Electrical Construction Services: Revenue generated from electrical construction projects including new installations, upgrades, and renovations for commercial, industrial, residential, and infrastructure clients. Projects range from tenant improvements to large-scale airport and transportation infrastructure. Pricing is project-based with single-project bonding capacity of $250 million.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels3 records

Core offering

Comet Electric is a full-service electrical contractor providing preconstruction, design-build/assist, BIM, prefabrication, electrical systems installation, low-voltage systems (structured cabling, fire alarm, CCTV, access control, paging, fiber), and 24-hour service and predictive maintenance for aviation, transportation, healthcare, education, commercial, industrial, and public works projects across California and Nevada. The company secures work through competitive bidding as a subcontractor to general contractors and via direct contracts with government agencies and private owners.

Product overview

Comet Electric is a full-service electrical contractor offering a comprehensive portfolio of services across the project lifecycle. The core offerings include preconstruction, design-build/assist, BIM, prefabrication, electrical systems installation, low-voltage systems, service and maintenance, and predictive maintenance. These services are delivered across specialized sectors including transportation, aviation, mission critical/data centers, water/wastewater, industrial, education, healthcare, and commercial markets. The company operates primarily in California and Nevada, serving clients such as airports, transit authorities, educational institutions, healthcare facilities, and commercial developers.

Differentiator

Problem solved

Functional benefit

Products and services

• Preconstruction Services Early-stage planning, scope assessment, feasibility analysis, and estimation services for electrical construction projects, provided to general contractors, project owners, and government agencies.
• Design-Build/Assist Services Integrated design and construction services that allow collaborative project delivery from concept through completion, combining engineering input with field execution.
• BIM (Building Information Modeling) 3D modeling and digital representation services for electrical systems planning and coordination, supporting integrated project delivery.
• Prefabrication Services Off-site fabrication of electrical components and assemblies in a controlled 10,000-square-foot facility to improve quality, reduce field labor cost, and accelerate schedules.
• Electrical Systems Installation Complete electrical distribution, power systems, and infrastructure installation for commercial, residential, industrial, and transportation projects across California and Nevada.
• Low-Voltage Systems Installation Installation of structured cabling, fire alarm, CCTV, ACAMS access control, paging, and fiber optic communications infrastructure for clients across aviation, healthcare, education, and commercial markets.
• Service and Maintenance 24-hour electrical service and maintenance for ongoing support and emergency repairs, accessible via dedicated service request hotline (818-970-1149).
• Predictive Maintenance Proactive maintenance services using analysis and monitoring to prevent equipment failures in mission-critical environments.

Quantifiable outcome

• $63.8M largest single contract to date on LAX Automated People Mover Project
• +2 more outcomes

Named customers12 records

Segments6 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

Scale indicators6 records

Recent moves6 records

Expansion highlights4 records

Broad incumbents

• MYR Group Inc. NASDAQ-listed parent of Comet Electric (since July 2026); a large specialty contractor in T&D, commercial, and industrial electrical work. Acts as parent platform and is also a competitive supplier of similar services nationally.
• Quanta Services, Inc. NYSE-listed infrastructure-focused specialty contractor with electric power, T&D, and broader utility-scale capabilities. Overlaps with Comet on large transit and airport electrical scopes, particularly where utility/grid work is involved.
• IES Holdings, Inc. NASDAQ-listed provider of electrical and mechanical infrastructure solutions across commercial, industrial, and communications markets. Comparable scope and project type to Comet at a broader, multi-region scale.
• EMCOR Group, Inc. NYSE-listed national leader in electrical and mechanical construction, including facility services. Through subsidiaries, competes on commercial, healthcare, aviation, and transit work at a national scale exceeding Comet's regional focus.

Direct peers

• Power Design, Inc. Large national electrical contractor with strong prefab and design-build model, competing on multifamily, commercial, and mission-critical projects where Comet's services overlap.
• Helix Electric: California-based full-service electrical contractor with comparable capabilities in design-build, BIM, prefabrication, and large-scale commercial, healthcare, education, and transportation projects. Direct competitor on West Coast public and private bids.
• Bergelectric Corporation: Large U.S. electrical contractor with strong California presence delivering commercial, healthcare, aviation, and transportation infrastructure. Competes on similar project types and scale as Comet in the Western U.S.
• Rosendin Electric: One of the largest employee-owned electrical contractors in the U.S., headquartered in San Jose, CA. Competes head-to-head with Comet on commercial, aviation, healthcare, mission-critical, and large public infrastructure projects across the Western U.S.
• Faith Technologies: National electrical and specialty systems contractor with design-build, prefab, and BIM capabilities directly comparable to Comet's. Increasingly active on West Coast commercial, healthcare, and mission-critical projects.
• Valley Electric Company, Inc. Direct parent company of Comet Electric; a large Western U.S. full-service electrical contractor operating across similar aviation, healthcare, transit, and commercial end markets. Acquired Comet in 2023 and was itself acquired by MYR Group in 2026.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/100067439665390
• LinkedInlinkedin.com/company/comet-electric-inc

Compliance2 records

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 Comet Electric