Powerit Solutions

About Powerit Solutions

Powerit Solutions is an energy management technology firm that specializes in demand-side optimization for industrial and commercial clients. Originally founded with Scandinavian roots in 2001, the company established its headquarters in Seattle, Washington, before being acquired by Customized Energy Solutions in January 2016. The firm's strategic focus is on helping energy-intensive businesses reduce electricity costs and participate in smart grid opportunities without compromising production or quality.

The core of Powerit's offering is the Spara technology platform, a predictive energy management system. This system provides advanced demand control by linking industrial facilities to the smart grid, enabling them to automate responses to real-time energy pricing and utility demand-response programs. The Spara platform works by monitoring a facility's large energy loads—such as furnaces, compressors, and fans—and using predictive algorithms to manage peak power demand. This allows for precise control over energy consumption, ensuring that businesses can lower their utility bills by avoiding high peak demand charges and earn revenue through utility incentive programs.

Powerit Solutions serves a range of energy-intensive industries, including food and beverage manufacturing, metals, agriculture, and forestry products. The business model historically involved licensing its technology and delivering turnkey projects, with a move toward cloud-based subscription models with its Spara Hub product. Spara Hub provides a web-based dashboard for clients to view and manage energy use across multiple sites. Following its acquisition, the Spara technology was integrated into CES's demand response services to create an enhanced offering, providing greater visibility and control over individual energy loads.