What Rich Energy Solutions does

Rich Energy Solutions LLC is a family-owned turnkey Energy Conservation Measure (ECM) company headquartered in Northfield, New Jersey. The firm delivers integrated energy efficiency projects for commercial, industrial, healthcare, hospitality, and historic real estate customers across the United States, with a portfolio spanning named enterprise accounts such as Genesis Healthcare (120+ retrofits over eight years), Tropicana Hotel & Casino, Hilton Hotel & Convention Center, Flagship Fantasea Resort, the Historic Drake Building, and Kingsbury Bearings. Its core offering combines LED lighting and intelligent controls, mechanical system optimization (high-efficiency gas heating, chiller and boiler optimization, steam-to-hot-water conversion), building management system (BMS) retro-commissioning and analytics, refrigeration optimization, water conservation, and solar/renewable distributed generation into single turnkey projects that it engineers, installs, and warrants in-house.

The company's business model rests on three reinforcing pillars: free ASHRAE Level 2 assessments and GMP proposals as a top-of-funnel conversion tool, full-scope turnkey project delivery with rebate and incentive processing, and 100% customer financing facilitated through Property Assessed Clean Energy (PACE) terms of up to 25–30 years, Constellation Energy's Efficiency Made Easy (EME) on-bill program (up to 7 years), leasing, and conventional lending. Rich Energy Solutions has secured access to $80,000,000 in project funding and operates as Constellation's #1 EME channel partner in the US with over 1,000 referred customers. Go-to-market combines same-day-response enterprise field sales nationwide with inside-sales phone/web capture and certified-partner participation in three New Jersey utility direct install programs (Atlantic City Electric, JCP&L, PSE&G) targeting small businesses with up to 70% grants.

Revenue is generated through professional services fees on energy conservation project delivery, affiliate/referral commissions from the Constellation EME financing channel, and managed services revenue tied to financing facilitation (PACE, on-bill, leasing, conventional loans). The company has built a specific service line around NYC Local Law 97 compliance to capture demand from New York City property owners facing 2025 emissions-intensity fines, and has launched a Multi-Asset Enterprise Solutions portfolio dashboard targeting owners with distributed property footprints. The team is family-led (Jim, Barbara, Frank, and David Rich) with over 100 years of combined construction, engineering, and finance experience and operates with a headcount in the 11–50 range.

Name

Rich Energy Solutions

Legal name

Rich Energy Solutions LLC

Website

https://richenergysolutions.com

Company type

Private

Founded year

2010

Operating status

Operating

Headcount range

11–50 employees

Short description

Rich Energy Solutions is a family-owned, New Jersey-based turnkey Energy Conservation Measure company that delivers integrated lighting, mechanical, BMS, and renewable energy projects to commercial, healthcare, hospitality, and industrial property owners across the US, with 100% project financing via PACE, Constellation EME, and utility direct install programs.

Ownership category

akta.pro rank

NAICS

Electric Power Generation, Transmission and Distribution (2211)

SIC

Electric & Other Services Combined (4931)

akta.pro primary industry

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

akta.pro secondary industries

Repowering, Augmentation & Retrofit Integration (Capacity Expansion) (EUAEAEAL), High-Voltage Electrical Systems (Switchgear, Transformers, Protection & Control) (EUAEAFAA)

Keywords

• Energy conservation services
• LED lighting retrofits
• Building management systems
• HVAC mechanical upgrades
• Energy performance compliance

Headquarters

HQ city

Northfield

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Energy Conservation Project Services: Full-service energy conservation measure (ECM) installation including mechanical, lighting, building controls, and renewable energy systems. Revenue generated through project-based fees for engineering, design, installation, and project management services. Turnkey delivery model where RES handles entire process from assessment through installation and warranty.
2. Constellation EME Program Partnership: As Constellation's #1 EME channel partner in the US, RES earns referral/commission revenue by facilitating Constellation's Efficiency Made Easy financing program. Projects under $250,000 are typically approved within one week with no financial requirements.
3. Financing Facilitation: Revenue generated by facilitating PACE financing, Constellation on-bill funding, leasing, and conventional loan options for customers. RES has secured access to $80,000,000 in funding to complete projects with no upfront out-of-pocket capital.

Go-to-market motion2 records

Distribution channels4 records

Marketing channels5 records

Core offering

Rich Energy Solutions provides turnkey Energy Conservation Measure (ECM) services for commercial, industrial, healthcare, and hospitality facilities, delivering free ASHRAE Level 2 assessments, engineering, design, installation, project management, and 100% financing facilitation. Service lines include LED lighting retrofits, mechanical system optimization, building management systems (BMS) with analytics, solar/renewables, water conservation, refrigeration optimization, and NYC Local Law 97 compliance.

Product overview

Rich Energy Solutions is a turnkey Energy Conservation Measure (ECM) company offering comprehensive energy efficiency solutions for commercial and residential buildings. The core offering is a unified service that encompasses free energy assessments, professional engineering design, full installation and project management, warranty coverage, and multiple 100% financing options (PACE, Constellation EME, and conventional lending). The company provides specific service modules including mechanical systems (heating, cooling, chiller optimization), LED lighting upgrades, building management systems (BMS) with analytics, solar and renewables, water conservation, and refrigeration optimization. Additional offerings include Direct Install Programs through major utilities (ACE, JCP&L, PSE&G), NYC Local Law 97 compliance services, distributed generation solutions, and multi-asset enterprise portfolio management. The company serves customers nationally with over 100+ years of combined experience in construction, engineering, and finance.

Differentiator

Problem solved

Functional benefit

Quantifiable outcome

• Up to 70% energy savings with LED lighting and under 2-year simple payback
• +7 more outcomes

Named customers8 records

Segments5 records

Ideal customer profiles3 records

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

One partnership is on record.

• Constellation Energy (Efficiency Made Easy Program)coreChannel Partner/ Reseller/ DistributorRich Energy Solutions is Constellation's #1 EME channel partner in the US, with over 1000 customers. The EME program provides flexible terms for energy efficiency projects with no limit on financing amount. Projects under $250,000 usually approved in one week with no financial requirements. RES earns referral/commission revenue by facilitating Constellation's financing program to customers.

Scale indicators7 records

Recent moves2 records

Expansion highlights6 records

Broad incumbents

• Trane Technologies: Global HVAC and building services provider offering chillers, controls, and energy services. Competes with RES on mechanical optimization and refrigeration work but at much greater scale and brand reach.
• Johnson Controls: Global BMS, HVAC, and building energy services giant with OpenBlue platforms and installed-base services. Significantly larger, but overlaps directly on BMS analytics, retro-commissioning, and building electrification work.

Direct peers

• Noresco: ESCO offering comprehensive energy efficiency, sustainability, and infrastructure upgrade services with a turnkey model across healthcare, higher education, and commercial real estate — overlapping core customer verticals.
• Willdan Energy Solutions: Provides energy efficiency program implementation, retro-commissioning, and engineering services to utilities and commercial customers under similar direct-install and turnkey ECM frameworks as RES.
• McKinstry: Building solutions and energy services firm providing design, build, operate, and maintain for HVAC, lighting, BMS, and renewable upgrades. Directly comparable ECM/retrofit portfolio across commercial real estate and healthcare.
• Cenergistic: Mid-market energy management and infrastructure upgrade provider focused on K-12 and commercial customers. Similar ESCO-as-a-service model with on-bill financing and in-house delivery.
• Ameresco: National ESCO delivering turnkey energy efficiency, retro-commissioning, and renewable energy projects for commercial, industrial, and institutional customers. Closely mirrors RES's ECM turnkey model and federal/private customer base.

Emerging players

• CLEAResult: Energy efficiency program implementation specialist serving utilities and small-to-mid commercial customers. Comparable direct-install program execution (e.g., NJ SMB utility incentives) though operating from the program-administrator side of the value chain.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks7 records

Key highlights7 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 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 Rich Energy Solutions