Best Utilities Companies in United States
The 547 best Utilities companies in United States in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: Avangrid.
Ranked by disclosed equity funding and recent momentum, this directory covers 547 Utilities companies operating across the United States, with $4.3B in total disclosed funding tracked. But funding tells only part of the story. The real weight is in the revenue. Across 29 validated filers, the combined revenue pool sits at $44.3B, with a median of $863M per company growing at a steady 5% annually. American Electric Power Co Inc pulled $5.9B in its latest filing. Pepco Holdings LLC posted $5.0B, up 349% year over year. FirstEnergy Corp added $4.2B, up 20%. These aren't projections, they're filed figures.
So what's driving the digital side? App installs across utilities categories are up 22% annually across 141 tracked apps, a signal that consumer-facing engagement is quietly accelerating. I'd also flag the outsized earners: American Electric Power Co Inc's $1.0B net income runs 14x the sector median of $74M, and Xcel Energy Inc's $556M puts it at 8x. Innovation partnerships and green hydrogen storage bets are shaping where you'll see the next funding cycles land.
Ranked: Best Utilities companies in United States
| # | Company | Disclosed funding | Last round | Employees | Founded | Founder | Web popularity | Patents & IP focus | Recent signals |
|---|---|---|---|---|---|---|---|---|---|
| 1 | Avangrid Provider of electricity and natural gas to homes and businesses | $2.5B | 95 mo ago | — | 2015 | James Torgerson ex CEO | Top 5M | 7 patents Provides pole mounting and support accessories for utility poles. | — |
| 2 | Mississippi Power Provides residential and commercial utility services | $603M | 98 mo ago | 1,000 | 1925 | — | Top 1M | — | — |
| 3 | UPPCO Distributor of electricity to end users and energy efficiency | $200M | 141 mo ago | 61 61 → 106 (+74%) | 1884 | — | Top 5M | — | — |
| 4 | Gridline Communications Holdings Provider of electric power production and distribution services | $200M | 213 mo ago | — | 2003 | Terry Dillon President & CEO | — | — | — |
| 5 | SCANA Corporation Electricity and natural gas distribution company | $110M | 227 mo ago | 6,000 | 1924 | Kevin Marsh CEO | — | — | — |
| 6 | GridUnity Distributor of electricity | $99M | 17 mo ago | 35 35 → 78 (+123%) | 2010 | Brian Fitzsimons CEO | — | — | 1 partnership |
| 7 | CrossBoundary Energy Provider of fully financed renewable energy solutions for commercial and industrial clients 48Growth top 25%News top 31%Funding top 37%Tech top 41% All 6 signals ▾Growthtop 25% Newstop 31% Fundingtop 37% Techtop 41% Globalbottom 37% Marketbottom 30% Growth: Fresh capital in last 24 mo News: 5 BI events in 12 mo (of 25 tracked, 4 types) · +150% YoY rank vs industry peers · Fliar Intelligence Index 48/100 | $83M | 1 mo ago | 21 | 2014 | — | Top 10M | — | — |
| 8 | Minnesota Power Provider of energy solutions and services for residential and commercial customers. | $50M | 32 mo ago | 607 | 1906 | — | Top 500k | — | 5 job openings · 1 launch |
| 9 | 1803 Electric Provider of reliable and affordable electricity to member cooperatives | $45M | 17 mo ago | — | 2019 | Brian Hobbs Chief Executive Officer | — | — | — |
| 10 | Renew Energy Partners Energy finance solutions | $42M | 46 mo ago | 21 | 2013 | Stephen Pritchard Co-Founder | Top 50M | — | 1 award |
| 11 | E Source Research, advisory, marketing and information services provider for utilities and customers | $38M | 17 mo ago | 190 | 1986 | — | Top 5M | 24 patents Optimizing print media handling and automatic print parameter control | 1 award |
| 12 | Delta Services Provider of electricity production & distribution and contracting services | $32M | 190 mo ago | 97 | 2004 | — | Top 50M | 936 patents Advanced fan blade designs and smart control systems for industrial airflow optimization. | — |
| 13 | HOPE Hydration Provider of filtered water refill stations at various public venues | $25M | 11 mo ago | 10 | — | Jorge Richardson Founder | — | — | 2 partnerships |
| 14 | CTC Global Developer of ACCC conductors to improve grid efficiency | $25M | 28 mo ago | 286 286 → 349 (+22%) | 2001 | — | Top 5M | 222 patents Patents concentrated in electrical & electronics | 1 award |
| 15 | Tri-State Electricity transmission and distribution company | $20M | 17 mo ago | 1,170 1,170 → 982 (-16%) | 1952 | Duane Highley CEO | Top 5M | — | — |
| 16 | UtilityInnovation Group Provider of electric utility services | $20M | 19 mo ago | 50 | 2020 | Joe Gammie Executive Vice-President | — | — | — |
| 17 | Summer Energy Retail electricity supplier for residential and commercial clients | $19M | 88 mo ago | 74 | 2011 | — | Top 5M | — | — |
| 18 | Expanse Electrical Expanse Electrical provides integrated electrical infrastructure, instrumentation, and automation system… 32Talent top 45%Growth top 46%Funding top 49%Tech bottom 45% All 8 signals ▾Talenttop 45% Growthtop 46% Fundingtop 49% Techbottom 45% Globalbottom 37% Fin. healthbottom 35% Marketbottom 29% Moatbottom 12% Talent: 2 named leaders on record · 1 C-suite/founder profile curated Growth: Headcount 480 → 490 (+2%) across vintages · Revenue +32% YoY rank vs industry peers · Fliar Intelligence Index 32/100 | $19M | 174 mo ago | 490 | 1951 | Jerrit Coward CEO | Top 10M | — | — |
| 19 | H2-Greenforce Limited information available | $12M | 67 mo ago | — | 2019 | Del Allison Founder & CEO | — | — | — |
| 20 | VECO Power Trading Short-term electricity trading firm leveraging advanced analytics for competitive power markets | $12M | 58 mo ago | 10 | 2014 | — | — | — | — |
| 21 | BRIDGE Energy Group Consultants for smart grid | $11M | 176 mo ago | 68 | 2004 | — | — | — | — |
| 22 | PowerOne Supplier contractor and licensed power marketer for natural gas & electricity | $11M | 105 mo ago | — | 2001 | George Wahbeh CEO & President | — | — | — |
| 23 | Cultivate Power It is a distributed solar and storage project developer focused on strengthening communities, the grid, and… | $10M | 32 mo ago | — | 2008 | Noah Hyte Managing Director | — | — | 5 job openings |
| 24 | Inspire Provider of 100% renewable energy supply services | $8M | 135 mo ago | 155 | 2013 | — | — | 3 patents Patents concentrated in chemistry & materials | — |
| 25 | Netzero QOF Manufacturer of electric utility | $8M | 50 mo ago | — | — | — | — | — | — |
| 26 | florrent Design and build energy density ultra capacitors that will stabilize electrical grids | $7M | 11 mo ago | 7 | 2020 | — | — | 5 patents Patents concentrated in chemistry & materials | 1 partnership |
| 27 | Griddy Provider of wholesale electricity services in the Texas energy market | $6M | 106 mo ago | 19 | 2016 | Aqeelah Muhammad CEO | — | 8 patents Digital platform for automated electricity market procurement and pricing | — |
| 28 | Avec Operator of electric utilities providing power, service, and energy solutions | $5M | 6 mo ago | — | 1969 | Bill Stamm Chief Executive Officer | Top 10M | — | — |
| 29 | Power 1 Energy Supplier of electricity | $4M | 36 mo ago | — | 2017 | Ed Jenks CEO | — | 198 patents High‑voltage power distribution hardware and modular enclosure/cabinet systems for utilities | — |
| 30 | Newport Utilities Provider of electric and waste water management services | $3M | 191 mo ago | 35 | 1997 | — | Top 5M | — | 1 job opening |
| 31 | Osmose Utilities Services Provider of utility infrastructure inspection and life extension services | $3M | 13 mo ago | 1,330 1,330 → 2,704 (+103%) | 1934 | — | Top 5M | 131 patents Utility infrastructure inspection, structural bracing, and corrosion protection for poles and cables | 1 job opening · 1 launch |
| 32 | Amperion Provider of electricity | $3M | 216 mo ago | 10 | 2001 | — | — | 53 patents Broadband powerline communication and RF coupling for utility grid data transmission | — |
| 33 | GoodCharlie Provider of fixed-rate electricity plans offering pet-related benefits and charitable contributions | $3M | 35 mo ago | — | 2021 | Ken Weilbacher Co-Founder and CEO | Top 5M | — | — |
| 34 | McCoywsc Provider of potable water and related services to local customers | $2M | 183 mo ago | — | 2011 | — | Top 10M | — | — |
| 35 | BlueRock Energy Supplier of electricity and natural gas products and services | $2M | 128 mo ago | 49 | 2003 | Phil Vanhorne President & CEO | — | — | — |
| 36 | Melni Technologies Provider of patented electrical connectors for various applications | $2M | 14 mo ago | 3 | 2007 | Mark Melni Founder | Top 50M | 15 patents Wire‑wrapped and axial‑pull connectors for electrical and fluid conduit applications | — |
| 37 | WoodRiver Energy Supplier of natural gas | $2M | 144 mo ago | 39 | 2014 | Marc Peter Co-Founder | Top 5M | — | 1 partnership |
| 38 | Amicus O&M Member-owned solar O&M cooperative offering services for residential, commercial, & utility-scale solar… | $2M | 26 mo ago | — | 2016 | Amanda Bybee Co-Founder & CEO | — | 6 patents Self‑deploying screw insertion systems for interbody spinal fusion implants | — |
| 39 | Rushmore Energy Electricity and gas distribution company | $1M | 140 mo ago | — | 2014 | Adil Rahim Jafry CEO | Top 10M | — | — |
| 40 | Fast Forward Provider of AI-powered solutions for various industries, including arts initiatives, investment advising, and… | $1M | 12 mo ago | 5 | 2021 | Curtis Kayton Co-Founder | Top 10M | 106 patents Autonomous mobile robot navigation, obstacle detection, and contactless manipulation systems | — |
| 41 | Vulcan Line Tools Distributor of electricity | $1M | 45 mo ago | 6 | 2019 | Zac Young Founder & CEO | — | — | 1 launch |
| 42 | Starion Energy Supplier of electricity | $977K | 191 mo ago | 105 | 2009 | — | — | — | — |
| 43 | PetaWatt Supplier of electricity | $575K | 77 mo ago | — | 2018 | Markus Schneider Co-Founder | — | — | — |
| 44 | Kit Carson Electric Cooperative Propane fuel delivery service provider | $500K | 7 mo ago | 47 | 1934 | Luis A Reyes Jr CEO | Top 5M | — | 1 partnership · 1 award |
| 45 | North Star Electric Provider of heating and cooling solution | $300K | 188 mo ago | 40 | 2001 | — | Top 50M | — | — |
| 46 | Whetstone Provider of electrical services, energy solutions, and related safety programs | $150K | 15 mo ago | — | 2013 | — | Top 50M | — | — |
| 47 | Bo’s Electric Supplier of gas and electricity | $140K | 187 mo ago | 3 | 1973 | Steve Hayden Owner | Top 10M | 1,526 patents Fault detection, isolation, and restoration in medium‑voltage power distribution equipment | — |
| 48 | Great American Power Supplier of electricity | $100K | 177 mo ago | 47 | 2011 | — | — | — | — |
Top 12 Utilities companies in United States
#1
Series B · New York City, New York · founded 2014 · 21 employees$83Mraised▾
Provider of fully financed renewable energy solutions for commercial and industrial clients. They offer customized clean energy options, including long-term energy strategies. The company delivers renewable power through specialized expertise, ensuring compliance with regulatory requirements and environmental standards. They provide comprehensive packages inclusive of technologies and suppliers optimal for each business.
- Apr 2026PE$40M
- Aug 2025Series B$40M
- Jul 2019Conventional Debt$3M
#2
Series A · St. Petersburg, Florida · 10 employees$25Mraised▾
Provider of filtered water refill stations at various public venues. The stations offer carbon-filtration, UV-stabilization, and chilled water. These stations aim to make water accessible while reducing plastic waste. The stations feature screens for advertising and provide data analytics on ad impressions.
- Jul 2025Series A$20M
- 2024Seed$5M
#3
Funding Raised · Summit, New Jersey · founded 2010 · 35 employees$99Mraised▾
Distributor of electricity
- Jan 2025Grant (prize money)$49.5M
- Jan 2025Grant (prize money)$49.5M
#4
Funding Raised · Anchorage, Alaska · founded 1969$4.5Mraised▾
Operator of electric utilities providing power, service, and energy solutions. It facilitates billing and payment options, capital credits, and addresses membership changes. The organization offers various forms, financial assistance information, and answers to frequently asked questions. It manages service installations, damage claims, and disseminates news and event updates.
- Dec 2025Grant (prize money)$1.2M
- Apr 2025Grant (prize money)$3.3M
#5
Funding Raised · Baton Rouge, Louisiana · founded 2019$45Mraised▾
Provider of reliable and affordable electricity to member cooperatives. The organization functions as a generation and transmission cooperative. It focuses on delivering consistent service through the cooperative business model. The company works with members to meet needs and provide quality service.
- Jan 2025Grant (prize money)$45M
#6
Series A · Northampton, Massachusetts · founded 2020 · 7 employees$7.3Mraised▾
Design and build energy density ultra capacitors that will stabilize electrical grids
- Jul 2025Series A$9.5M
- Jul 2024Series A$5.2M
- Sep 2023Seed$2.1M
#7
Acquired · Boulder, Colorado · founded 1986 · 190 employees$38.4Mraised▾
Research, advisory, marketing and information services provider for utilities and customers
- Jan 2025Grant (prize money)$38.4M
#8
Funding Raised · Westminster, Colorado · founded 1952 · 1170 employees$20Mraised▾
Electricity transmission and distribution company
- Jan 2025Grant (prize money)$20M
#9
Series B · Raleigh, North Carolina · founded 2020 · 50 employees$19.8Mraised▾
Provider of electric utility services
- Nov 2024Series B—
- Apr 2023Series B$19.8M
#10
Acquired · Atlanta, Georgia · founded 1934 · 1330 employees$3Mraised▾
Provider of utility infrastructure inspection and life extension services. These services encompass assessment and remediation for wood, steel, and concrete structures, including poles, substations, and underground assets. They offer solutions for enhancing the resiliency of transmission and distribution networks, employing technologies such as drone inspection and predictive modeling. Services also include engineering and design for upgrades and restoration, as well as storm response support. The company provides a range of products to support these services, including remedial treatments and protective coatings.
#11
Funding Raised · Taos, New Mexico · founded 1934 · 47 employees$500Kraised▾
Kit Carson Electric Cooperative provides electricity, propane and internet service to northern New Mexico.KCP offers a wide range of products and services to accommodate the needs of both residential and commercial sectors like billing, online bill pay, etc.
- Oct 2025Grant (prize money)$500K
#12
Series A · Twin Falls, Idaho · founded 2007 · 3 employees$2Mraised▾
Melni Technologies is a company that specializes in creating innovative and safe electrical connectors. They have patented technologies, such as the RadCrimp™ and Hyper-Splice®, which are revolutionizing the electrical connector industry. Their connectors solve the continuous problems associated with crimping wires and offer a variety of solutions for different applications.
- Apr 2025Grant (prize money)$2M
- Apr 2018Series A$2M
Funding & investor landscape
Notable founders
Market landscape — 10 sub-themes by coverage
Share of Utilities coverage by sub-theme.
Regulatory-risk over time rising
Funding & growth over time
funding rising · growth rising
Common questions
Riya reads income statements for fun. She covers the real money in a sector — revenue, growth, who actually earns — and never met a vague claim she didn't want a number for.