EnergyHub

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Energy Optimization & Management Software?
Product stageSegments
Expansion
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Demand Response Solutions
?

EnergyHub is a leading provider of distributed energy resource management systems (DERMS) in North America. The company's Mercury DERMS platform enables utilities to manage a wide range of distributed energy resources (DERs) including smart thermostats, electric vehicles, energy storage systems, water heaters, and other grid-edge devices. EnergyHub's technology uses AI-enabled control optimization to intelligently operationalize DERs, ensuring utilities can achieve grid objectives while considering device and customer constraints. As of 2023, EnergyHub managed over 1 million DERs across North America, delivering 1.35 GW of flexibility to the electrical grid. The company's platform supports utilities in creating virtual power plants (VPPs) to enhance grid reliability and accelerate decarbonization efforts. EnergyHub's solutions include demand response program management, program design, marketing, and customer support services. In March 2022, EnergyHub acquired Packetized Energy to extend its high-value grid service capabilities, enhancing its ability to provide sophisticated DER control and visibility into distribution network operations.


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Disclaimer: This company profile has been generated using data obtained through automated web searches and advanced generative AI technology. While we strive to ensure the accuracy and reliability of our sources, auto-generated information could be outdated or inaccurate and should be verified independently.
HQ location:
41 Flatbush Ave Suite 400A Brooklyn NY USA
Founded year:
2007
Employees:
101-250
IPO status:
Private
Total funding:
USD 33.1 mn
Last Funding:
-
Last valuation:
-
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