About Bright Power, Inc
Company Overview
Bright Power, Inc.
HeadquartersNew York, NY, United States
Founded2004
SizeApproximately 270 employees (source: rocketreach.co). Revenue of $27.6 million in FY 2024 (source: rocketreach.co).
What They Do
Bright Power focuses on delivering renewable energy and energy efficiency solutions tailored for the real estate sector. Their core technology encompasses energy efficiency, renewable energy integration including solar electric and solar thermal systems, battery storage combined with co-generation, and HVAC upgrades. The company employs a "Find-Fix-Follow" approach, which includes identifying opportunities through utility bill analytics and energy benchmarking, conducting energy audits, and ensuring long-term optimization for financial and environmental outcomes (source: rocketreach.co). Bright Power has served nearly 2 million units across over 2 billion square feet, specializing in multifamily apartment buildings and affordable housing, which positions them as a leader in energy and water management for real estate (source: brightpower.com). Their integrated services range from analytics to physical retrofits, making them a competitive player in the market.
Projects & Track Record
Bright Power has an impressive track record, having completed over 2,500 energy audits and 800 energy efficiency retrofit projects. Notable projects include the Carmen Villegas Apartments, which received the 2024 NYSERDA Buildings of Excellence Award, and the pioneering installation of the first battery+co-generation+solar system in New York City. The company has also achieved 550 green building certifications and 30 Passive House projects, cumulatively reducing carbon emissions by more than 667 million pounds CO2e and generating $285 million in utility savings across its portfolio (source: brightpower.com). Their ongoing efforts emphasize decarbonization in new construction and retrofits, with a geographic presence spanning New York, California, and broader U.S. markets.
Recent Developments
In March 2023, Bright Power announced a leadership transition, appointing Andrea Mancino as CEO to drive growth, while founder Jeff Perlman transitioned to Chief Strategy Officer. The company celebrated its 20th anniversary on December 4, 2024, highlighting significant milestones such as the reduction of 667 million pounds CO2e and $285 million in savings. They also received awards including the 2024 NYSERDA Buildings of Excellence for the Carmen Villegas Apartments and the MO 100 Impact Ranking for CEO Andrea Mancino (source: brightpower.com). While no new funding rounds or acquisitions were reported in the last two years, the company continues to expand its decarbonization services.
Working There
Bright Power employs professionals across various departments, including engineering, construction, energy analysis, project management, and consulting. The company boasts a diverse team composition, with approximately 50% women, particularly in leadership roles within engineering and construction (source: brightpower.com). Hiring primarily occurs from their New York headquarters, with opportunities extending to California and national operations. The company culture emphasizes long-term team growth, collaboration, and a mission-driven impact on decarbonization, reflecting their commitment to diversity and inclusion.
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