Enervee
Enervee, founded in 2010, is a Los Angeles-based company that operates an AI-powered marketplace platform for energy-efficient products.
Profile
Provides white-label online marketplaces where utility customers can shop for energy-efficient products with instant rebates and financing.
Enervee, founded in 2010, is a Los Angeles-based company that operates an AI-powered marketplace platform for energy-efficient products. The company initially launched as a product comparison site focused on energy savings before pivoting to a white-label utility marketplace model in 2015 with PG&E as its first major partner. Enervee's core technology is its patented Enervee Score, a 0-100 efficiency rating system that drives 89% of marketplace purchases toward highly efficient products.
The platform serves 39 million households across North America, delivering $39.6 million in customer savings and avoiding 43,800 tonnes of CO2 in 2025 alone. Enervee raised a $30 million Series B in April 2022 led by Kerogen Capital to scale its decarbonization efforts, following a Series A from Obvious Ventures. Recent milestones include launching the NY Marketplace in 2022 and partnering with the Coalition for Green Capital on nationwide financing in 2023.
The company operates with a remote-first team across 20 states, averaging 39 years in age with 52% women in management roles. Enervee's current growth is fueled by enterprise-scale direct delivery partnerships that enabled one Southern California utility program to scale from hundreds of water heaters annually to over 100 units per day in December 2025.
Who buys this
- Utilities running energy efficiency programs
- State and local government energy offices
- Retailers and manufacturers of appliances and electronics
- Financial institutions offering green financing
- Nonprofits focused on energy equity
Publicly disclosed clients
- AEP Ohio
- APS
- SoCalGas
- PG&E
- New York State Energy Research and Development Authority (NYSERDA)
Strengths and what to watch
Strengths
- Patented Enervee Score drives 89% adoption of highly efficient products without mandates
- Enterprise direct delivery integration enabled 100+ water heater deployments per day for utility partners
- Embedded Eco Financing reaches underserved communities with 0% APR options at no utility cost
Watch for
- Dependence on utility program budgets which face regulatory uncertainty in some states
- High customer acquisition costs requiring sustained marketing spend from partners
- Limited public data on long-term customer retention and repeat purchase rates
Recent moves
Key Information
- Founded
- 2010
- Headquarters
- Los Angeles, USA
Frequently Asked Questions
What is Enervee and how does it work?
Enervee operates AI-powered marketplaces where utility customers shop for energy-efficient products. Founded in 2010, it partners with utilities to offer instant rebates and financing. Its patented Enervee Score (0-100 rating system) guides 89% of purchases toward high-efficiency products, serving 39 million households across North America.
How does the Enervee Score help choose appliances?
The Enervee Score rates product efficiency from 0-100, factoring energy use, cost savings, and environmental impact. This AI-driven system influences 89% of marketplace purchases toward highly efficient options. Scores enable comparison across categories, helping consumers identify products with the best long-term value and lowest carbon footprint.
Which utilities partner with Enervee for rebates?
Enervee works with major providers like PG&E, AEP Ohio, APS, and SoCalGas. Its white-label platform powers utility marketplaces, most notably scaling a Southern California program to 100+ water heater installations daily. NYSERDA also uses Enervee for New York's energy efficiency initiatives.
Does Enervee offer financing for energy-efficient products?
Yes, Enervee provides embedded 0% APR financing options, particularly targeting underserved communities. These programs require no utility cost while enabling affordable upgrades. Combined with instant rebates, financing helps overcome upfront cost barriers for efficient appliances, contributing to $39.6 million in customer savings in 2025.
What environmental impact has Enervee achieved?
In 2025 alone, Enervee's platform avoided 43,800 tonnes of CO2 emissions by directing purchases toward efficient products. The marketplace model drives adoption without mandates, with utilities reporting 100+ daily water heater installations. These metrics demonstrate scalable decarbonization through consumer choice architecture.
How do Enervee marketplaces differ from traditional rebates?
Unlike paper rebates, Enervee integrates instant discounts, financing, and product comparisons in one platform. Its AI-driven recommendations personalize offers while the Enervee Score standardizes efficiency ratings. This approach increased a California program from hundreds to 100+ daily water heater installations through seamless direct delivery partnerships.
Sources
- www.enervee.com — Company founding date, funding rounds, and leadership team
- www.enervee.com — 2025 impact metrics and utility partner case studies
- www.enervee.com — Recent water heater program scaling achievements
- www.enervee.com — Team demographics and remote work structure
- www.enervee.com — NY Marketplace implementation details and performance data