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The award-winning PowerOptions is among the largest electricity and natural gas purchasing consortiums in Massachusetts, with roughly $175 million of annual energy commodity purchases and a combined demand for approximately 200 megawatts of electricity and 13 million dekatherms of natural gas usage. Any nonprofit or public institution in Massachusetts may become a member and participate in this collective purchasing effort.
From PowerOptions' inception, our mission was founded on one simple premise—to bring predictability, dependability, and cost savings to nonprofits.
From PowerOptions' inception, our mission was founded on one simple premise—to bring predictability, dependability, and cost savings to nonprofits.
Overview
Location
United States, Massachusetts, Boston
Employees
11-50
Phone
+1 617-865-5233
Total raised
$200K
Founded date
1996
Funding Rounds 1
| Date | Series | Amount | Investors |
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Mentions in press and media 6
| Date | Title | Description |
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| Aug 9, 2020 | Energy Jobs: First Solar has 2 CTOs, Tesla loses ultracap boss, CAISO’s new CEO, MJ at NRTC, plus Prologis, Ecoplexus | James D’Albora, previously with Spectrum Energy Development, is the founder and CEO at Verify Energy. The startup is developing a plug-and-play solar monitoring solution to reduce the cost of commercial solar. Verify is a winner of the DOE’... |
| Jul 8, 2020 | PowerOptions expands Solect Energy partnership with on-site solar + storage PPAs | PowerOptions, the largest energy-buying consortium in New England, expanded its relationship with Solect Energy to offer large scale solar and storage to its members, PowerOptions CEO Heather Takle announced this week. Solect Energy is now ... |
| Jul 8, 2020 | PowerOptions Expands Partnership with Solect Energy Through Large-Scale Solar and Storage Program | PowerOptions, the largest energy-buying consortium in New England, has expanded its relationship with Solect Energy to offer large scale solar and storage to its members, PowerOptions CEO Heather Takle announced today. Solect, one of the to... |
| Oct 14, 2016 | Top 6 Solar Projects of the Week (Oct. 10 – Oct. 14) | New England Apple Installs 300-kW Solar System via Solect Energy New England Apple Products, the largest cider mill in New England and an industry veteran for more than a hundred years, has partnered with Solect Energy of Hopkinton, Mass., ... |
| Oct 12, 2015 | PowerOptions, Solect Energy team on Small Systems Solar program | PowerOptions, a Massachusetts energy-buying consortium, signed a deal with Solect Energy, a full-service commercial-scale solar developer and installer in Massachusetts, to lead its innovative Small Systems Solar program, providing savings ... |
Reviews 0
FAQ about PowerOptions, Inc.
When was PowerOptions, Inc. founded?
PowerOptions, Inc. was founded in 1996.
How much funding has PowerOptions, Inc. raised?
PowerOptions, Inc. has raised $200K in total across 1 funding round.
What has the press written about PowerOptions, Inc.?
Parsers VC has collected 6 articles mentioning PowerOptions, Inc., among them “Energy Jobs: First Solar has 2 CTOs, Tesla loses ultracap boss, CAISO’s new CEO, MJ at NRTC, plus Prologis, Ecoplexus” (Aug 9, 2020) and “PowerOptions expands Solect Energy partnership with on-site solar + storage PPAs” (Jul 8, 2020).
Is PowerOptions, Inc. still active?
Yes, PowerOptions, Inc. is active; its latest activity on Parsers VC dates from Mar 24, 2021.