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Schneider Electric Acquires Retail Energy Broker
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WattBuy, which offers a retail energy shopping platform and which describes itself as a, "software company providing personalized energy insights and electrification solutions for residential customers," announced that it has been acquired by Schneider Electric.
Along with the current management team, WattBuy CEO and Co-Founder Naman Trivedi will continue to lead WattBuy's operations.
"The acquisition will strengthen Schneider Electric's ability to simplify and accelerate the energy transition for U.S. homeowners," the companies said
"WattBuy will partner with Schneider Electric subsidiaries EnergySage, the leading online marketplace for solar and storage, and Qmerit, a national leader in electrification services, to deliver a seamless end-to-end experience for homeowners covering everything from personalized energy plans and solar installations to EV charger deployment and home electrification upgrades," the companies said
"WattBuy's API-first approach has already earned the trust of powerhouse brands like Redfin, Veterans United Home Loans, and Opendoor, collectively reaching over 100 million consumers," WattBuy said
Jaser Faruq, SVP, Prosumer at Schneider Electric said, "WattBuy's personalization capabilities and intelligence engine are the perfect complement to EnergySage's mission of transparency and choice. By integrating WattBuy into our growing prosumer energy portfolio, we're unlocking a future where every household can make smarter, cleaner energy choices, transforming both the purchasing and installation experience."
"WattBuy uses proprietary data models to provide customized recommendations for electricity plans, rooftop solar, battery storage, and total energy costs based on a consumer's address and energy usage profile. Combined with EnergySage's trusted marketplace and Qmerit's national service network, Schneider Electric now offers an unmatched digital and physical pathway for electrifying the home," the companies said
Specifically, WattB, Inc was acquired by EnergySage, Inc., a Schneider Electric company
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Aims To Create Seamless End-To-End Experience For Home Energy, From Personalized Energy Plans To Solar, EVs, Electrification
August 25, 2025
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Copyright 2025 EnergyChoiceMatters.com
Reporting by Paul Ring • ring@energychoicematters.com
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