Company | Power TakeOff

Virtual CommissioningTM (VCxTM) is an innovative energy efficiency program which provides utilities with a mass market small and medium business (SMB) solution by capitalizing on AMI investment. Want to learn more?

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October 4, 2023

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Company, Industry

Nuveen Invests Alongside Lime Rock New Energy and Management to Acquire Power TakeOff

Nuveen will leverage its impact investing expertise and real assets capabilities to further position Power TakeOff as a leading provider of energy efficiency services for small and medium business customers. DENVER, CO – Nuveen’s Private Equity Impact team joins Lime Rock New Energy to invest in Power TakeOff, a software-enabled energy efficiency services company. Power TakeOff’s AI/ML-based offerings generate significant energy savings and greenhouse gas emissions mitigation for the traditionally underserved small and medium business (SMB) market....

by Marketing Team

September 5, 2023

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Company, General News, Industry

Lime Rock New Energy and Management Partner to Acquire Power TakeOff

Pioneering the Future: Power TakeOff joins with Lime Rock New Energy, beginning a new chapter of growth and innovation in the energy efficiency landscape. DENVER, Colorado., September 5, 2023 - Power TakeOff, a software-enabled energy efficiency services company, today announces that funds managed by Lime Rock New Energy, a growth equity investor in companies accelerating the energy transition, has acquired a controlling interest in Power TakeOff from the company’s founding shareholder group. The Power TakeOff and Lime...

by Marketing Team

February 7, 2023

0

Company, General News

Power TakeOff Celebrates 2022 Growth with New Utility Offerings in 2023

DENVER, Colorado - 2022 was a record year for portfolio goals at Power TakeOff; achieving over 50 GWh of first year energy savings from our virtual Data-First efficiency program offerings. Entering 2023, Power TakeOff’s portfolio is expanding to 27 utility partners across the U.S. and Canada, while growing our suite of virtual DSM services in non-regulated markets. Utilizing 15 years of industry leading virtual customer engagement, scalable virtual energy program designs, Power TakeOff is looking to revolutionize...

by Marketing Team

January 21, 2021

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Company, General News, Industry

Power TakeOff Looks Ahead to Energy Savings in 2021

Energy cost savings proved vital for small to midsize businesses (SMBs) as COVID-19 posed unprecedented challenges this past year. Now that 2020 is behind us, Power TakeOff reflects on our achievements and exciting 2021 updates. Using Energy Monitoring Software to Counter COVID-19 Power TakeOff launched two utility COVID-19 Community Assistance Programs that target financially at-risk businesses through energy saving services that optimize fully or partially closed buildings. This power saving program resulted in over 13 GWh in confirmed...

by Marketing Team

December 31, 2020

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Company, General News

The Season of Giving Back

This past year presented many challenges to communities, businesses and our personal lives. At Power TakeOff, we made it a priority to support our communities through the COVID crisis, launching the COVID-19 Community Assistance Service, that provided customer support to financially at-risk businesses and institutions through customized consultations aimed at optimizing buildings while fully or partially closed, from April through June 2020. In just three months the program saved over $1,000,000 for local businesses and schools...

by Marketing Team

August 24, 2020

1

Company, Data Analytics, VCx

(Giving) Back to School: Power TakeOff Helps Schools Save Over $1 Million

Power TakeOff is known for its ability to promote energy savings in the small and medium businesses, but did you know the company also helps schools with their energy savings? This year, as the school season steadily approaches, energy managers are giving back to their district by participating in Power TakeOff's Virtual Commissioning™ (VCx™) Program across numerous utility partners. Power TakeOff has a dedicated Schools Engagement Team that helps identify savings opportunities, which can lead to tens...

by Marketing Team

August 18, 2020

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Company, Industry, VCx

VCx™ Program Expands in the Midwest Region

Power TakeOff expands Virtual Commissioning™ (VCx™) Program in the midwest by adding two new electric and gas utilities in the midwest region. For over a decade, Power TakeOff has been shaking up the energy efficiency industry, more recently with the innovative Virtual Commissioning (VCx™) Program. The ultimate win-win proposition, the VCx™ Program identifies and implements operational-focused efficiency improvements with no cost to its participants. Now, more small- and medium-size businesses and public institutions have access to these...

by Marketing Team

August 5, 2020

0

Company, Data Analytics, VCx

Power TakeOff’s Virtual Efficiency Program Achieves 14.4 GWh for ComEd in 2019

In 2019, the Virtual Commissioning™ (VCx™) Program saved 14.4 GWh across 177 small and medium businesses, nearly doubling the initial goal of 8 GWh. Power TakeOff is proud to announce that the 2019 third-party evaluation results are in and the Virtual Commissioning™ (VCx™) Program continues to exceed expectations. As the sole program manager, Power TakeOff has implemented the VCx™ program in ComEd’s Illinois service territory, starting in 2016, and is continuing through 2020. At the request of ComEd, Power TakeOff continued to expand the VCx™ program and saved 14.4 GWh across 177 small and medium businesses (SMB),...

by Marketing Team

January 15, 2020

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Power TakeOff, in Association With ComEd, Wins the MEEA Inspiring Efficiency Award for Innovation

The Midwest Energy Efficiency Alliance (MEEA) has awarded its 2020 Inspiring Efficiency Innovation Award to ComEd. As the program creator and manager, Power TakeOff first launched the Virtual Commissioning (VCx™) Program in ComEd’s Illinois service territory starting in 2016. At no cost to participants, the VCx™ Program helps SMBs and public institutions identify and implement operational focused energy efficiency improvements. These hard-to-reach customer segments represent more than 90% of all non-residential accounts for ComEd. Power TakeOff has substantially grown the VCx™ Program from its 2 GWh savings achievement...

by PowerTakeOff Team