Catalyst Power Acquires Northeast Expense Reduction Services


Gabriel Phillips

Catalyst Power Holdings LLC, an built-in supplier of cleaner energy options for the business and industrial sector, has acquired the property of Northeast Expense Reduction Services, a New York-based energy advisor. The acquisition deepens Catalyst Power’s position in central and western New York’s energy transition permitting it to increase on its mission of serving to its business and industrial prospects to decarbonize their electrical energy consumption.

“This is a tremendous fit. We’re excited to be able to expand the mix of commercial and industrial customers that can now have access to Catalyst Power’s decarbonizing solutions,” says Gabriel Phillips, CEO of Catalyst Power Holdings. “The middle market has been underserved for too long – by combining Northeast Expense Reduction Services’ territories, customers and supplier relationships with our novel energy supply options including community solar products and proprietary Connected Microgrid solutions, we are expanding access for our customers to more environmentally friendly, money saving energy supply options.”

“New York’s C&I sector is getting hit by rising energy bills driven by volatile fossil fuel prices – and the clean energy solutions offered by Catalyst Power offer a reliable, cost-saving solution for these businesses,” states Clark Taylor, founding father of Northeast Expense Reduction Services. “The team at Catalyst Power is fantastic and provides a wide range of clean energy solutions that can help small and mid-sized businesses.”

Catalyst Power develops modern energy provide options for business and industrial corporations, with a give attention to a community of related microgrids, a no-up-front-cost customized resolution utilizing onsite solar panels and with back-up mills, in addition to retail power and fuel provide. Catalyst Power supplies small- to industrial-sized companies entry to distributed era by the community. The firm makes use of a proprietary expertise platform that gives a recent perspective on information to determine, underwrite, fund and supply options to prospects whereas working less expensive onsite energy tasks for retail energy shoppers.


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