WattBuy Acquired by Schneider Electric to Accelerate Residential Electrification in the U.S.
WattBuy, a software company providing personalized energy insights and electrification solutions for residential customers, announced that it has been acquired by Schneider Electric, the global leader in the digital transformation of energy management and automation. Along with the current management team, 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.
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. 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.
"Electrification is the defining opportunity of the next decade — and it starts with empowering consumers," said Jaser Faruq, SVP, Prosumer at Schneider Electric. "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.
"Joining Schneider Electric is a pivotal step in WattBuy's journey," said Naman Trivedi, CEO and Co-Founder of WattBuy. "Together with EnergySage and Qmerit, we're creating a seamless, intelligent experience for homeowners—making it easier than ever to take control of energy costs, reduce carbon emissions, and upgrade to a fully electrified lifestyle."
This acquisition underscores Schneider Electric's commitment to decarbonization at the grid edge and to delivering simple, scalable tools that accelerate the energy transition for consumers across the country.
WattBuy | https://wattbuy.com/en/
Schneider Electric | https://www.se.com/us/en/