PowerFlex provides intelligent energy management solutions that integrate commercial solar, energy storage, and EV charging systems to optimize energy use and reduce greenhouse gas emissions. The company addresses the challenges of high energy costs and grid instability by enabling businesses to generate, store, and manage clean energy on-site, enhancing sustainability and operational efficiency.
Funding
$100M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Commercial properties face challenges in managing energy costs, reducing carbon emissions, and ensuring grid stability, especially with the increasing adoption of electric vehicles and the need for sustainable energy solutions. High energy costs, demand charges, grid unreliability, and sustainability mandates put pressure on businesses to find comprehensive energy management solutions.
Solution
PowerFlex provides intelligent energy management solutions by integrating commercial solar, energy storage, and EV charging systems, optimizing energy use and reducing greenhouse gas emissions. The company's solutions enable businesses to generate, store, and manage clean energy on-site, enhancing sustainability and operational efficiency. PowerFlex leverages its PowerFlex X™ platform, which uses patented algorithms to monitor, control, and co-optimize energy assets, maximizing savings, revenue, and reliability. By offering a combination of hardware and software solutions, PowerFlex empowers businesses to achieve their net-zero goals and transition to clean, affordable power.
Target Audience
PowerFlex targets commercial property owners, facility operations leaders, sustainability teams, fleet managers, and IT teams seeking to reduce energy costs, achieve sustainability goals, and improve grid resilience.
Features
- Adaptive EV charging solutions that reduce infrastructure upgrade costs by up to 60%
- Commercial solar solutions that provide a hedge against fluctuating energy prices
- Energy storage systems that enable peak shaving and load shifting to avoid high demand charges
- PowerFlex X™ intelligent energy management platform for real-time monitoring, control, and optimization of energy assets
- Integration with existing energy assets, including solar, storage, and EV chargers
- Turnkey solutions for single properties or multi-site portfolios, covering site validation, development, and EPC (Engineering Procurement Construction)
- Access to policy experts who identify and secure federal, state, and local incentives
- O&M and asset management services to ensure long-term system performance and reliability