M&M Electric

What M&M Electric does

M&M Energy Solutions (formerly M&M Electric) is a privately held, family-owned commercial energy efficiency services firm headquartered in Matawan, New Jersey, founded in 1979 by Michael R. Martin Sr. as a residential electrical contractor and repositioned in 2021 under second-generation owner Cory Martin toward commercial LED lighting retrofits, HVAC upgrades, and utility program coordination across New Jersey, Connecticut, and Maryland.

The company delivers a full-service energy efficiency platform: free on-site energy assessments prequalify buildings and identify eligible equipment; engineering and project teams design upgrade scopes (RTUs, split systems, chillers, boilers, air handlers, LED highbays, smart thermostats, economizers, and advanced controls); the firm then secures utility funding commitments and executes installation through a pre-verified HVAC Contractor Network (HCN). A utility funding calculator on the website enables self-served incentive estimates based on HVAC tonnage and lighting fixture counts. Core technology is services-led execution of commodity efficiency equipment rather than proprietary software, with the principal differentiator being Trade Ally status across twelve-plus utility programs (JCP&L, PSE&G, Atlantic City Electric, Eversource, BGE, Delmarva, SMECO, etc.) and a 0% financing partnership with NEIF.

The business model is project-based professional services revenue. Pricing is quote-driven and equipment-scoped; utility incentives typically cover 60-80% of project costs (with disclosed examples at 69%, 70%, and 77.9%), and 0% NEIF financing covers the customer share. The sales motion is direct, account-manager-led on-site engagement targeting enterprise, mid-market, SMB, non-profit, and education customers. Customers include Denholtz Properties, Communication Test Design, Crunch Fitness, Popeyes, Burger King franchisees, Kozak Precision Products, Beth El Synagogue, and St. Luke's School. No revenue is publicly disclosed and no external funding rounds have been raised.

Name

M&M Electric

Legal name

M&M Energy Solutions, Inc.

Website

https://mm-electric.com

Company type

Private

Founded year

1979

Operating status

Operating

Headcount range

11–50 employees

Short description

M&M Energy Solutions is a family-owned commercial energy efficiency services firm that delivers LED lighting retrofits, HVAC upgrades, and utility rebate coordination to enterprise, SMB, non-profit, and education customers across New Jersey, Connecticut, and Maryland.

Ownership category

akta.pro rank

Product category

Commercial Energy Efficiency Services

SIC

Electrical Work (1731)

akta.pro primary industry

O&M, Upgrades & Refurbishment of T&D Assets (Reconductoring, Rebuilds) (IMAFAHAM)

Keywords

• Commercial energy efficiency
• LED lighting retrofits
• HVAC system upgrades
• Utility rebate programs
• Energy efficiency assessments

Headquarters

HQ city

Matawan

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

Revenue model

1. Energy Efficiency Project Services: Full-service commercial energy efficiency professional services including energy assessments, project engineering, utility program coordination, and facility upgrades for HVAC and LED lighting systems
2. Equipment Installation: Installation of LED lighting, HVAC systems, and smart building controls through their verified contractor network

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

M&M Electric (now operating as M&M Energy Solutions) is a commercial energy services company that delivers LED lighting retrofits, HVAC system upgrades, and energy efficiency assessments for commercial buildings. The company acts as a utility program partner, prequalifying buildings, identifying equipment upgrade opportunities, securing utility rebate funding (typically covering 60-80% of project costs), and managing installations through its pre-verified contractor network across New Jersey, Connecticut, and Maryland.

Product overview

M&M Energy Solutions (formerly M&M Electric) offers a unified service platform for commercial energy efficiency upgrades. The core offering consists of LED Lighting Upgrades and Commercial HVAC Upgrades, supported by Energy Efficiency Assessments that prequalify buildings and identify upgrade opportunities. The product portfolio includes specific equipment categories—Split Systems, Chillers, Packaged Roof Top Units (RTUs), and Boilers—as qualified equipment types eligible for utility rebates. These solutions work together as an end-to-end service: assessments identify opportunities, utility funding coordination secures rebates (often covering 60-80% of project costs), and the contractor network performs installations. A utility funding calculator tool helps prospects estimate their potential incentive amounts.

Differentiator

Problem solved

Functional benefit

Products and services

• LED Lighting Upgrades LED lighting technologies and controls solutions to improve business operations, comfort levels, and reduce energy costs for commercial facilities.
• Commercial HVAC Upgrades Comprehensive heating, ventilation, and air conditioning system upgrades for commercial buildings including warehouses, churches, schools, and offices, covering RTUs, split systems, chillers, boilers, and air handlers.
• Energy Efficiency Assessment Free on-site energy assessments that prequalify buildings for utility funding programs and identify HVAC and lighting equipment upgrade opportunities for commercial customers.
• Energy Efficiency Services Full-service commercial energy efficiency professional services including energy assessments, project engineering, utility program coordination, and facility upgrades for HVAC and LED lighting systems across New Jersey, Connecticut, and Maryland.

Quantifiable outcome

• Utility incentives covering 60-80% of project costs
• +1 more outcomes

Named customers12 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

Feature2 records

Partnerships

14 partnerships are on record, tiered core and minor.

• Jersey Central Power & Light (JCP&L)coreStrategic or Co-development PartnerJCP&L is a key utility partner for M&M's Direct Install program participation, providing energy efficiency program funding for commercial customers in New Jersey service territories.
• PSE&G (Public Service Electric and Gas)coreStrategic or Co-development PartnerPSE&G is a major utility partner for M&M's energy efficiency programs, offering rebates and incentives for HVAC and lighting upgrades.
• Atlantic City ElectriccoreStrategic or Co-development PartnerAtlantic City Electric partners with M&M for commercial energy efficiency program implementation in southern New Jersey.
• Rockland Electric CompanycoreStrategic or Co-development PartnerRockland Electric Company collaborates with M&M on energy efficiency upgrades for commercial customers in their service territory.
• New Jersey Natural Gas (NJNG)coreStrategic or Co-development PartnerNJNG offers natural gas energy efficiency programs that M&M leverages for customer projects involving gas heating equipment upgrades.
• South Jersey Gas (SJG)coreStrategic or Co-development PartnerSouth Jersey Gas partners with M&M for energy efficiency program implementation for commercial customers.
• Elizabethtown Gas (ETG)coreStrategic or Co-development PartnerElizabethtown Gas provides energy efficiency program funding that M&M coordinates for customer upgrades.
• EversourcecoreStrategic or Co-development PartnerEversource is M&M's key utility partner for Connecticut market, offering energy efficiency programs for commercial customers.
• Baltimore Gas and Electric Company (BGE)coreStrategic or Co-development PartnerBGE is M&M's utility partner for Maryland market, providing energy efficiency program funding for commercial upgrades.
• Delmarva Power & Light (DPL)coreStrategic or Co-development PartnerDelmarva Power & Light partners with M&M for energy efficiency programs in Maryland and Delaware service areas.
• Potomac EdisoncoreStrategic or Co-development PartnerPotomac Edison offers energy efficiency programs that M&M leverages for commercial customer upgrades in Maryland.
• South Maryland Electric Cooperative (SMECO)coreStrategic or Co-development PartnerSMECO is a cooperative utility partner for M&M's Maryland energy efficiency programs.
• Johnson ControlsminorStrategic or Co-development PartnerM&M has historically executed projects for leading ESCOs including Johnson Controls as part of their subcontractor network.
• SiemensminorStrategic or Co-development PartnerM&M has historically executed projects for leading ESCOs including Siemens as part of their project execution capabilities.

Scale indicators3 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Ameresco: Public energy services and ESCO providing energy efficiency retrofits, distributed generation, and lighting upgrades for commercial, industrial, and government customers nationwide.
• NORESCO: Established ESCO delivering commercial energy efficiency retrofits, HVAC upgrades, and lighting projects for institutional and commercial customers under utility and performance contracting models.
• CLEAResult: Largest North American energy efficiency implementation firm operating as a utility program implementer across multiple states, with a similar Trade Ally / program partner model. Most direct comparable in business model and customer profile.
• McKinstry: Building solutions firm providing energy efficiency retrofits, HVAC upgrades, and lighting services for commercial and institutional clients — closely comparable in scope of work and customer types.
• Lime Energy (now part of Willdan): Was a direct-install energy efficiency Trade Ally serving utilities with a virtually identical business model to M&M before being acquired by Willdan.
• Willdan Energy Solutions: Energy efficiency and decarbonization services firm serving utilities and commercial customers with assessments, program administration, and direct install services — directly overlapping M&M's core offering.
• Cenergistic: Commercial energy efficiency program provider specializing in utility-bill-driven retrofits and ongoing optimization for K-12, higher ed, and commercial customers.

Broad incumbents

• Johnson Controls: Global HVAC and building efficiency major with an ESCO division; M&M has historically subcontracted for JCP, validating overlap in commercial energy efficiency project delivery.
• Trane Technologies: Global HVAC and building services major with significant commercial energy efficiency and retrofit service offerings, competing for the same utility-program-driven upgrade work.
• ICF International (Energy Division): Large consulting and energy services firm implementing utility energy efficiency programs nationwide — comparable customer base but at much greater scale and breadth.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/mmenergysolutions
• LinkedInlinkedin.com/company/m-m-electric-inc

Revenue estimate

Valuation estimate

Number of profiles

Profiles15 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 M&M Electric