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Home Energy Services Co. (Retail Supplier) Acquires Solar Service Provider
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Otovo announced that it has entered into a definitive agreement to acquire Solar Service Professionals Inc. (SSP), which is described as, "a leading solar service provider based in California."
See background on Otovo's U.S. retail energy supply activities here
The acquisition of SSP, scheduled to close in early January, marks Otovo's strategic entry into America’s largest residential solar + storage market, California, the company said
SSP has an installed customer base of 38,000 customers.
SSP will be integrated into Otovo’s growing service business, expanding its presence in the U.S. to California. Otovo will work to convert the existing California base of SSP customers to its subscription service, with the expectation that this initiative will be accretive to net income in 2026, Otovo said
"This strategic acquisition represents a pivotal moment for Otovo's U.S. expansion, launching our innovative AI-based energy service in California and potentially other markets thereafter, and establishing a foundation for significant growth in 2026," said William J. (John) Berger, CEO of Otovo.
"Otovo’s all-in-one power partner model unites retail electricity, energy service (operations and maintenance), and grid trading through a cloud-connected Virtual Power Plant, giving customers power they can count on and service they can trust. Its AI-native Endurance platform can triage issues and route the right crew in real time, connecting technicians, trucks, and installed devices into a single responsive network. The live tracking function closes the loop with customers, while optimized routing raises first-time-fix rates while cutting travel," Otovo said
The transaction is subject to standard closing conditions, including completion of due diligence and no material adverse changes. No regulatory approvals or third-party consents are required for the transaction.
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January 8, 2026
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Copyright 2026 EnergyChoiceMatters.com
Reporting by Paul Ring • ring@energychoicematters.com
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