The smart grid industry in Massachusetts has seen a significant upswing, with diverse companies proffering transformative energy solutions. These companies specialize in areas ranging from clean, fusion energy to enabling smarter energy decisions for homeowners and businesses. The revolutionary work in high-temperature superconductors, solar power solutions, and development of energy-efficient vehicles hints towards a promising future for this industry. As Massachusetts continues to support sustainable energy initiatives, more companies are springing up to facilitate commercialization of innovative energy technologies. This potential boom in the smart grid industry is poised to reshape energy consumption and contribute towards mitigating climate change.


Top 19 smart grid companies in Massachusetts

1. Commonwealth Fusion Systems

  • Website: cfs.energy
  • Headquarters: Cambridge, Massachusetts, United States
  • Founded: 2018
  • Headcount: 51-200
  • Latest funding type: Series B
  • LinkedIn

Commonwealth Fusion Systems (CFS) is a company dedicated to the development and commercialization of clean, fusion energy. Combining worldwide research in fusion science with high temperature superconductors, CFS aims to build smaller and more cost-effective tokamak fusion systems. Their goal is to create the world's first net energy-producing fusion machine, paving the way for a commercially viable fusion power plant and combatting climate change.


2. EnergySage

  • Website: energysage.com
  • Headquarters: Boston, Massachusetts, United States
  • Founded: 2009
  • Headcount: 51-200
  • Latest funding type: Acquired
  • LinkedIn

EnergySage is a platform that helps homeowners and businesses make smart energy decisions. They provide information and resources on solar panels, energy efficiency, electric vehicles, and other clean energy options. By connecting users with qualified local companies, EnergySage enables them to save money and reduce their environmental impact.


3. Nexamp

  • Website: nexamp.com
  • Headquarters: Boston, Massachusetts, United States
  • Founded: 2007
  • Headcount: 201-500
  • Latest funding type: Private Equity
  • LinkedIn

Nexamp is a clean energy company that offers solar power solutions to help businesses and communities reduce their electricity costs and embrace sustainable energy. They provide power purchase agreements and help with the development and maintenance of solar farms. By supporting solar energy, customers can save 10-20% on their annual electricity costs.


4. Ambri

  • Website: ambri.com
  • Headquarters: Marlborough, Massachusetts, United States
  • Founded: 2010
  • Headcount: 51-200
  • Latest funding type: Series E
  • LinkedIn

Ambri is a company that specializes in providing low-cost, long life, long duration, and minimal degradation energy storage solutions for carbon-free energy across each 24-hour day. Their Ambri battery systems offer consistent and responsive electrical power for transmission and distribution grid applications, as well as behind-the-meter customers with high energy demands such as data centers. With a lifespan of 20+ years and minimal fade, Ambri systems are reliable, safe, and environmentally friendly.


5. DemandQ

  • Website: demandq.com
  • Headquarters: Watertown, Massachusetts, United States
  • Founded: 2011
  • Headcount: 11-50
  • Latest funding type: Series Unknown
  • LinkedIn

demandq.com is a company that offers an Intelligent Demand Optimization platform to enable more efficient and intelligent power consumption for commercial and industrial businesses.


6. Acelerex

  • Website: acelerex.com
  • Headquarters: Cambridge, Massachusetts, United States
  • Founded: 2017
  • Headcount: 11-50
  • LinkedIn

Acelerex is a provider of SaaS-based solutions for integrating renewables, energy storage, and electric vehicles into the 21st-century power grid. They offer consulting, automation, analytics, appliances, data services, and testing/training services to developers, governments, utilities, EV charging players, resiliency solutions providers, and infrastructure investors.


7. Beacon Power LLC

  • Website: beaconpower.com
  • Headquarters: Tyngsboro, Massachusetts, United States
  • Founded: 1997
  • Headcount: 11-50
  • Latest funding type: Acquired
  • LinkedIn

Beacon Power offers flywheel energy storage solutions for renewable energy that increases grid reliability, reduces fuel consumption and corrects frequency imbalances efficiently and accurately.


8. inBalance

  • Website: inbalanceresearch.com
  • Headquarters: Boston, Massachusetts, United States
  • Founded: 2020
  • Headcount: 11-50
  • Latest funding type: Pre Seed
  • LinkedIn

inBalance is a software company that supports distributed energy resources, virtual power plants, hydro facilities, and demand response programs in optimizing operational plans across multiple next-day revenue streams while protecting against portfolio-wide volatility exposure.


9. Zondits

  • Website: zondits.com
  • Headquarters: North Andover, Massachusetts, United States
  • Founded: 2013
  • Headcount: 11-50
  • LinkedIn

Zondits is a company that focuses on providing information and resources on energy efficiency.


10. EnerNOC

Enel X North America is a company that offers innovative energy solutions to businesses and individuals. They provide a range of services including electric vehicle charging stations, energy management systems, and demand response programs.


11. FirstFuel Software

  • Website: firstfuel.com
  • Headquarters: Lexington, Massachusetts, United States
  • Founded: 2006
  • Headcount: 51-200
  • LinkedIn

FirstFuel provides energy intelligence solutions that enable utilities and energy providers to be more customer-centric, resource-efficient, and sustainable.


12. Save Energy Systems, Inc.

  • Website: saveenergysystems.com
  • Headquarters: Westborough, Massachusetts, United States
  • Founded: 2012
  • Headcount: 11-50
  • Latest funding type: Seed
  • LinkedIn

Save Energy Systems is a company that offers innovative solutions to help individuals and businesses reduce their energy consumption and lower their carbon footprint. With a focus on sustainability and efficiency, they provide products and services designed to optimize energy usage and promote a greener future.


13. Northeast Energy Efficiency Partnerships (NEEP)

  • Website: neep.org
  • Headquarters: Lexington, Massachusetts, United States
  • Founded: 1996
  • Headcount: 11-50
  • LinkedIn

NEEP.org is an organization dedicated to promoting energy efficiency in the Northeast region of the United States. They offer a wide range of programs and resources to help individuals and businesses reduce their energy consumption and lower their carbon footprint.


14. Energy Blockchain Consortium

Energy-Blockchain.org offers blockchain solutions for energy markets, enhancing efficiency, and transparency. The company caters to organizations looking to digitize their energy operations.


15. Amsc

  • Website: amsc.com
  • Headquarters: Ayer, Massachusetts, United States
  • Founded: 1987
  • Headcount: 201-500
  • Latest funding type: Post Ipo Equity
  • LinkedIn

AMSC provides advanced hardware and software services, technology transfer, and retrofit solutions for wind turbine businesses. They offer grid capacity solutions, distributed generation solutions, and grid reliability solutions. Their products include D-VAR systems, VVO systems, and utility voltage solutions.


16. Typhoon HIL, Inc.

  • Website: typhoon-hil.com
  • Headquarters: Somerville, Massachusetts, United States
  • Founded: 2008
  • Headcount: 51-200
  • LinkedIn

Typhoon-HIL is a company that offers testing solutions for software and hardware-in-the-loop (HIL) testing. They provide HIL systems for the development and validation of control systems, allowing for faster and more efficient testing. With a range of software features and specialized training programs, Typhoon-HIL supports organizations in their transformative journey towards better control development and testing.


17. kWhOURS

  • Website: kwhours.com
  • Headquarters: Hardwick, Massachusetts, United States
  • Founded: 2009
  • Headcount: 11-50

kWhours LLC is a company that offers a solution for energy usage management and optimization.


18. Enel North America

Enel North America is an energy company that offers sustainable and clean electricity solutions. They provide integrated energy solutions and partnerships to support a transition to a carbon-free future.


19. Fonroche Lighting America

Fonroche Solar Lighting is a leading manufacturer of outdoor solar lighting systems in the USA. They offer grid-connected lighting solutions that bring financial, environmental, and social benefits. With a focus on Native American tribes, commercial properties, and federal and military facilities, Fonroche provides solar LED lights for parking lots, pathways, roads, and streets. They have a smart lighting system and offer technical support, troubleshooting, and tax incentives. Their products comply with dark-sky regulations and offer options for blue light and circadian rhythm concerns.


Want to find more smart grid companies?


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