What is Electric by Design?
Founded in 1999 by Steve McNeil, Electric by Design has evolved from a residential and small commercial electrical contractor into a specialized firm focusing on energy conservation and residential services. The company's strategic pivot towards energy efficiency was bolstered by the addition of Rich McNeil in 2008, leading to its incorporation as Electric by Design, LLC in 2009. The firm leverages its expertise as Master Electricians across Massachusetts, Rhode Island, and New Hampshire to deliver comprehensive electrical solutions with an emphasis on sustainable energy practices.
How much funding has Electric by Design raised?
Electric by Design has raised a total of $31K across 1 funding round:
Debt
$31K
Debt (2021): $31K with participation from PPP
What's next for Electric by Design?
With the recent influx of expansion capital, Electric by Design is poised to scale its operations and deepen its market penetration within the energy conservation and electrical services industry. This strategic financing is expected to fuel advancements in service offerings, potentially including broader adoption of smart home technologies and enhanced energy audit capabilities. The company's established presence and focus on sustainable solutions suggest a continued trajectory of growth and innovation, reinforcing its position as a key player in its service regions.
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