Energy Conservation

What Energy Conservation does

Energy Conservation, Inc. (ECI) is a privately held, regional energy services company headquartered at 1150 Main Street in Hanson, Massachusetts. Founded in 1996, the firm delivers turnkey energy efficiency solutions to commercial, industrial, and institutional facilities across New England, with documented project presence in Massachusetts and Rhode Island. Its service portfolio spans full building energy audits, LED lighting retrofits (with old-lamp and ballast recycling), HVAC efficiency and retrocommissioning, variable speed drives, motor and transformer upgrades, power factor correction, weatherization, energy management systems, renewable energy recommendations, and demand response services. The firm has also added a turnkey Electric Vehicle charging station installation line deploying ChargePoint hardware.

The company's go-to-market is sales-led and consultative: prospective customers receive complimentary on-site energy assessments covering lighting, motors, transformers, and HVAC equipment, after which ECI issues a written proposal and, upon acceptance, executes design and installation through its own crews. Revenue is project-based rather than subscription or recurring-license in nature; pricing is quote-driven and varies by facility size and scope. A material share of project economics is structured around utility and state incentives, with ECI operating as a National Grid Project Expediter and Charging Station Installer and partnering with the Rhode Island Office of Energy Resources to co-fund deployments — utility and state sources have covered 70-90% of EV project costs in documented cases.

ECI serves a horizontal mix of customer verticals including higher education (Boston University, Worcester Polytechnic Institute, Whitman-Hanson Regional High School), manufacturing (Albert Basse Associates), and commercial office (300 Jefferson Boulevard, Warwick RI). Marketing is primarily website- and case-study-driven with utility partnerships feeding the bottom of the funnel. The firm is independently owned with no disclosed institutional capital, parent company, or M&A activity.

Name

Energy Conservation

Legal name

Energy Conservation, Inc.

Website

https://eci-ne.com

Company type

Private

Founded year

1996

Operating status

Operating

Headcount range

11–50 employees

Short description

Energy Conservation, Inc. is a privately held New England energy services company that delivers turnkey energy efficiency projects — LED lighting retrofits, HVAC upgrades, transformer and motor replacements, and EV charging station installations — to commercial, industrial, and institutional facilities in Massachusetts and Rhode Island, leveraging utility incentive partnerships including National Grid.

Ownership category

akta.pro rank

Product category

Energy Efficiency Services

SIC

Electric Services (4911)

akta.pro primary industry

Commissioning, Testing & Energization Services (Pre-Commissioning, Grid Code Compliance) (EUAMAFAK)

Keywords

• Energy efficiency services
• LED lighting retrofits
• HVAC retrocommissioning
• EV charging installation
• Power factor correction

Headquarters

HQ city

Hanson

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Energy Efficiency Project Services: One-time project-based revenue from designing and installing energy efficiency improvements including lighting, HVAC, motors, transformers, and power factor correction equipment. Revenue earned through project contracts with customers, partially offset by utility incentives passed through to clients.
2. EV Charging Station Installation: Project-based installation of EV charging infrastructure, often co-funded by utility incentives and government programs such as National Grid contributions covering 70-90% of project costs.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels4 records

Core offering

Energy Conservation, Inc. is a New England energy services company that conducts free energy assessments of commercial, industrial, and institutional facilities and then designs and installs turnkey energy efficiency upgrades. Core services include LED lighting retrofits with lamp/ballast recycling, HVAC controls and retrocommissioning, variable speed drives, motor and transformer upgrades, power factor correction, weatherization, renewable energy recommendations, demand response programs, and EV charging station deployment. The company acts as a National Grid Project Expediter and leverages utility and government incentives to offset customer costs.

Product overview

Energy Conservation, Inc. is a premier energy services company offering a comprehensive portfolio of turnkey energy efficiency solutions for commercial, industrial, and institutional facilities. Founded in 1996, the company provides a unified service approach that begins with free energy assessments covering lighting, motors, transformers, and HVAC equipment, followed by design, installation, and financing assistance. The core offerings include LED lighting upgrades with lamp recycling, HVAC efficiency improvements with retrocommissioning, variable speed drives and motor upgrades, transformer upgrades, power factor correction, EV charging station installation (ChargePoint), energy management systems, weatherization, renewable energy solutions, and demand response services. The company operates as a National Grid Project Expediter and Charging Station Installer, leveraging partnerships with major utilities, distributors, and equipment manufacturers to deliver maximum efficiency and savings while helping customers access financial incentives.

Differentiator

Problem solved

Functional benefit

Quantifiable outcome

• Boston University library: 700+ metric tons CO2 reduction, 1.5M+ annual kWh savings, $225,000+ annual cost savings
• +2 more outcomes

Named customers5 records

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Two partnerships are on record, tiered core.

• National GridcoreStrategic or Co-development PartnerMajor utility partnership where Energy Conservation serves as a National Grid Project Expediter and Charging Station Installer. This partnership provides access to utility incentive programs, co-funding for EV charging projects (covering 70-90% of costs), and preferential positioning in the market.
• Rhode Island Office of Energy ResourcescoreStrategic or Co-development PartnerState energy office co-funded EV charging station project at 300 Jefferson Boulevard, contributing almost 90% of total project cost alongside National Grid incentives.

Scale indicators3 records

Recent moves5 records

Expansion highlights5 records

Broad incumbents

• TRC Companies: TRC is a national engineering and consulting firm with a dedicated energy efficiency and power delivery practice serving utilities and large commercial/institutional clients. Comparable to ECI in energy services but operates at consultancy-plus-EPC scale across multiple end markets.
• NORESCO: NORESCO, an EMCOR Group subsidiary, is a national ESCO specializing in energy efficiency, infrastructure upgrades, and performance contracting for commercial, industrial, and institutional customers. Highly comparable to ECI in service mix (lighting, HVAC, motors, retrocommissioning) but with national reach and balance-sheet support.
• Ameresco: Ameresco is a publicly traded, large-scale energy services company delivering turnkey energy efficiency, renewable energy, and energy infrastructure projects for federal, institutional, and commercial customers. Directly comparable to ECI's core service offering but at vastly greater scale, geographic reach, and project complexity.
• Willdan Group: Willdan is a publicly traded professional services firm providing energy efficiency consulting, engineering, and program management to utilities and government agencies. Comparable to ECI in energy services focus but with significantly broader geographic coverage and utility-program administration capabilities.

Direct peers

• CEG Solutions: CEG Solutions is an energy engineering and ESCO firm specializing in HVAC retrocommissioning, lighting upgrades, and energy master planning for institutional and commercial customers. Closely comparable to ECI's retrocommissioning and engineering-led delivery model.
• Performance Services: Performance Services is a design-build ESCO delivering turnkey energy efficiency, lighting retrofits, HVAC upgrades, and renewable energy projects for schools, universities, and municipalities. Closely aligned with ECI in target customer mix (educational institutions), service portfolio, and turnkey delivery model.
• Energy Systems Group (ESG): Energy Systems Group is a mid-size ESCO providing turnkey energy efficiency, infrastructure modernization, and energy management solutions for healthcare, education, government, and commercial clients. Highly comparable to ECI in service mix and institutional customer focus.
• SmartWatt Energy: SmartWatt Energy is a regional ESCO providing energy audits, lighting retrofits, and HVAC/mechanical upgrades for commercial and industrial customers. Comparable in scale, service portfolio, and target customer profile to a small regional player like ECI.
• Entegrity Partners: Entegrity is a mid-size energy services and sustainability consulting firm delivering energy efficiency, building performance, and decarbonization projects for commercial, institutional, and real estate clients. Comparable to ECI in integrated efficiency services and institutional customer base.

Others

• ChargePoint: ChargePoint is a hardware and network platform provider for EV charging stations — already a partner of ECI (CT-4021 and CT-4023 models installed). Listed as a technology supplier and channel enabler rather than a direct competitor, since ECI installs and services ChargePoint hardware.

Market position

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

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 Energy Conservation