What Elcomponent does

Elcomponent is a UK-based specialist provider of energy monitoring and metering solutions, headquartered in Bishops Stortford and operating since 1986. The company serves commercial, industrial, and public sector clients across the UK, with disclosed deployments also extending into Ireland, the Netherlands, Belgium, and Spain via portable data logger rollouts. Its core offering is the MW2 Cloud Energy Management Platform, which integrates data from smart meters, sub-meters, and wireless LoRaWAN sensors to deliver real-time half-hourly monitoring, automated reporting, custom dashboards, alerts for unusual consumption patterns, and sustainability metrics tracking. Elcomponent self-describes as the number-one specialist provider of metering systems, data collection, and energy management platforms in the UK, with an installed base evidenced by case-study meter estates ranging from 120 to over 600 meters per customer.

Elcomponent's technology stack combines a proprietary cloud platform with proprietary and third-party hardware: the SPC Pro2 portable three-phase energy data logger and its ruggedized SPC Pro2 Enviro variant, the PQ Pro and PQ Energy Pro power analysers with flexible CTs, and fixed metering infrastructure covering electricity, gas, water, heat, and steam. The architecture is meter-agnostic, enabling integration with any manufacturer's metering devices and reuse of approximately 60% of existing customer infrastructure. Wireless LoRaWAN connectivity extends monitoring to temperature, air quality, occupancy, and other environmental parameters. The company holds ISO 9001 (NQA, UKAS-accredited), Cyber Essentials, SafeContractor, and Avetta certifications, and supports compliance with ISO 15001 energy management standards.

The revenue model blends hardware sales, professional installation and commissioning services, portable equipment rental and purchase, recurring MW2 cloud software subscriptions, and energy analysis services. Go-to-market is primarily direct enterprise sales with quote-based pricing on multi-year contracts, complemented by a dedicated e-commerce channel (spcloggers.com) for portable products targeting smaller buyers on a hire-or-purchase basis, plus a partner/reseller channel for indirect delivery. Pricing is not publicly disclosed. The company is an independent private limited company (Elcomponent Ltd) with no disclosed parent, external investors, M&A activity, or funding rounds.

Name

Elcomponent

Legal name

Elcomponent Ltd

Website

https://elcomponent.co.uk

Company type

Private

Founded year

1986

Operating status

Operating

Headcount range

11–50 employees

Short description

Elcomponent provides metering software and energy data loggers, plus fixed metering installation and LoRaWAN monitoring, for commercial, industrial, and public sector clients across the UK and select European markets. Its core product is the MW2 cloud platform.

Ownership category

akta.pro rank

Product category

Energy Monitoring Solutions

NAICS

Instrument Manufacturing for Measuring and Testing Electricity and Electrical Signals (334515), Other Measuring and Controlling Device Manufacturing (334519), Navigational, Measuring, Electromedical, and Control Instruments Manufacturing (3345)

SIC

Industrial Instruments For Measurement, Display, And Control (3823), Instruments For Meas & Testing Of Electricity & Elec Signals (3825)

akta.pro primary industry

Energy Management & Monitoring (Submetering, Dashboards, Analytics) (BPABAGAD)

akta.pro secondary industry

Power Quality, Line Monitoring & Grid Edge Sensors (PMUs/µPMUs) (EUADAPAO)

Keywords

• Energy monitoring solutions
• Power quality analysis
• Metering software
• Energy data loggers
• Sub-metering systems

Headquarters

HQ city

Bishops Strotford

HQ country

United Kingdom

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Energy Monitoring Equipment Sales: Sale of metering systems, sub-meters, data loggers, current transformers, and associated hardware for electricity, gas, water, and heat monitoring across commercial and industrial facilities.
2. Installation and Commissioning Services: Full-service installation including site assessments, system design, installation, and commissioning of metering infrastructure with integration to existing LAN networks and cloud platforms.
3. Portable Equipment Rental and Purchase: Portable energy monitors available to hire or purchase, including SPC Pro2 and PQ series devices with software packages.
4. Cloud Software Platform (MW2): Cloud-based energy management platform providing real-time monitoring, automated reporting, and analytics with unlimited user access. No user license restrictions mentioned.
5. Energy Analysis Services: Expert energy analysis assistance for industrial and commercial clients, including audits and consulting on metering data interpretation.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels5 records

Core offering

Elcomponent supplies end-to-end energy monitoring solutions comprising proprietary software (MW2 Cloud Energy Management Platform and AM&T software), portable and fixed metering hardware (SPC Pro2, Energy Pro, PQ Pro), LoRaWAN wireless submetering systems, and professional monitoring and targeting services. The offering targets commercial, industrial, and public-sector organisations seeking to capture, analyse, and act on energy consumption and power-quality data.

Product overview

Elcomponent provides energy monitoring solutions as a platform-plus-modules architecture. The core offering is the MW2 Cloud Energy Management Platform, which integrates with smart meters and sub-meters to provide real-time energy monitoring, automated reporting, alerts, and sustainability tracking. This platform is complemented by a range of hardware products including the SPC Pro2 and SPC Pro2 Enviro portable energy monitors, the Energy Pro power analyser, and the PQ Pro power analyser. Elcomponent also offers installation and commissioning services for fixed metering systems, wireless LoRaWAN solutions, AM&T (Automatic Monitoring and Targeting) software, Smappee EV charging stations, and comprehensive energy monitoring services covering design through to integration.

Differentiator

Problem solved

Functional benefit

Products and services

• MW2 Cloud Energy Management Platform
• SPC Pro2 Portable Energy Monitor
• SPC Pro2 Enviro
• Energy Pro Power and Energy Analyser
• PQ Pro Power Analyser
• Fixed Metering Solutions
• LoRaWAN Wireless Submetering Solutions
• AM&T (Automatic Monitoring & Targeting) Software
• Smappee EV Charging Solutions
• Professional Energy Monitoring Services

Quantifiable outcome

• 50% carbon emissions reduction over 5 years across commercial property portfolio
• +7 more outcomes

Named customers10 records

Segments4 records

Ideal customer profiles1 record

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature8 records

Partnerships

Five partnerships are on record, tiered core and minor.

• SmappeecoreTechnology or IntegrationElcomponent offers Smappee EV Charging solutions as part of their product portfolio, integrating commercial EV charging stations with their energy monitoring ecosystem.
• NQA (UKAS Accredited)minorOthersISO 9001 quality management certification through NQA with UKAS accreditation demonstrates commitment to quality standards.
• AvettaminorOthersSupplier compliance certification through Avetta for contractor safety and risk management standards.
• Cyber EssentialsminorOthersCyber Essentials certification demonstrates commitment to cybersecurity best practices for protecting customer data and systems.
• SafeContractorminorOthersSafeContractor accreditation for contractor health and safety standards.

Scale indicators15 records

Recent moves5 records

Expansion highlights6 records

Direct peers

• IMServ: UK-headquartered energy data collection and management services provider serving large industrial and commercial estates with sub-metering and AM&T software. Closest UK-based direct competitor to Elcomponent in the specialist energy monitoring niche.
• Smappee: Belgium-based provider of smart energy monitoring hardware and cloud platform for commercial EV charging and sub-metering. Already a technology partner of Elcomponent, making it both an ally and a potential competitor in the EV/monitoring crossover.
• Utiligroup: UK energy data management and smart metering solutions provider serving utilities and large energy users. Overlaps with Elcomponent in half-hourly data collection, AM&T, and energy reporting software offerings.
• PassivSystems: UK energy monitoring and building performance analytics company offering real-time energy monitoring for commercial and residential portfolios. Targets similar mid-market and enterprise customers with cloud-based energy dashboards.
• SMS plc (now Stark): UK metering and energy services company providing sub-metering, data collection, and energy management solutions to multi-site commercial and industrial customers. Competes head-to-head with Elcomponent for enterprise metering deployments.

Emerging players

• GridDuck: UK-based building energy management platform focused on smart buildings and real-time energy monitoring for commercial portfolios. An emerging specialist competitor addressing a similar submetering and analytics use case.

Broad incumbents

• Schneider Electric (EcoStruxure): Global energy management and automation incumbent offering EcoStruxure as a bundled BMS/energy monitoring platform. Competes with Elcomponent in enterprise RFPs where buyers prefer single-vendor building technology suites.
• Siemens (Smart Infrastructure): Global industrial conglomerate whose Smart Infrastructure division offers building energy management and sub-metering as part of its Desigo CC platform. Represents a broad incumbent alternative to specialist providers like Elcomponent.
• Honeywell (Honeywell Forge): Global BMS and energy management incumbent offering Honeywell Forge for energy and sustainability management in commercial buildings. Frequently competes against specialist UK providers in enterprise procurement processes.

Others

• Carbon Trust: UK advisory and certification organisation focused on energy efficiency, carbon reduction, and sustainability. Adjacent rather than competitive, but often referenced by Elcomponent's customer base for compliance and sustainability strategy, making it a peer in the broader energy services ecosystem.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/Elcomponent
• Facebookfacebook.com/ElcomponentLtd
• LinkedInlinkedin.com/company/6965063/admin

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 Elcomponent