EnergySage positions itself as "the leading online comparison-shopping marketplace for rooftop solar, energy storage, heat pumps, and community solar." More than nine million people visit EnergySage annually to learn about solar, storage, heating and cooling, EV charging, and more. For every solar installation in America, at least one in five of those homeowners visits EnergySage.com at least once prior to installation, Schneider Electric said.
Schneider Electric acquired EnergySage in February 2022. Financial terms of the deal were not disclosed.
Hadlow previously was VP of marketplace growth for EnergySage. He succeeds Vikram Aggarwal -- who founded EnergySage in 2009 and later received backing from the Department of Energy to create a one-stop destination for any consumer looking for unbiased information on solar energy, Schneider Electric said.
In a prepared statement about EnergySage's leadership transition, Schneider Electric Chief Innovation Officer Nadege Petit said: "I am thrilled to welcome Charlie as the leader of EnergySage, one of the leading consumer brands in the energy landscape. We are collectively seeking to deliver a more sustainable world through electrification, digitization, and decarbonization, and Charlie is well-positioned to drive EnergySage's role in this mission."
In a tip of the hat to Aggarwal, Petit added: "It is admirable what EnergySage has accomplished under Vikram's tenure – a recognized brand that educates consumers and helps them choose the best possible home electrification solutions for their needs. We are grateful for the foundation that Vikram built, and are excited for the future of EnergySage under Charlie and the executive team's leadership."
Schneider Electric Business Performance, Sustainability Focus
Schneider Electric specializes in digital automation and energy management for homes, buildings, data centers and infrastructure. The company offers energy technologies, real-time automation, software, and services.
Product sales (representing 54% of Q3 revenues) grew roughly 5% organic in Q3. Product revenues grew mid-single digit in Energy Management, while Industrial Automation was flat.
Systems (28% of Q3 revenues) grew roughly 23% organic in Q3, with strong double-digit organic sales growth in Energy Management supported by continued strong demand, including in Data Center and Infrastructure projects globally. In Industrial Automation, Systems revenues grew mid-single digit, with double-digit growth linked to Process & Hybrid industrial segments.
Software and Services (18% of Q3 revenues) grew roughly 17% organic in Q3. Within this segment, field services grew 17%, with strong demand for energy management services and industrial automation services. Also, sustainability business consulting delivered double-digit sales growth thanks to strong consulting and managed services demand.
(Editor's note: Sustainable Tech Partner bolded certain Schneider Electric earnings info because the info pertains to our readership.)