Sustainability Leadership Practical Energy Solutions demonstrates a strong commitment to sustainability, evidenced by their recent acquisition of a grant to fund the transition to renewable energy equipment, such as electric pumps and dredges. This positions them as a compelling partner for clients seeking to enhance their environmental impact and reduce reliance on diesel fuels.
Recognition and Credibility The company’s prestigious 'Best for the World Changemaker' award highlights their reputation for creating positive social and environmental impact, making them an attractive choice for clients interested in working with socially responsible providers committed to sustainable practices.
Growing Revenue Range With annual revenues estimated between $10 million and $25 million, Practical Energy Solutions is a mid-sized player with the financial capacity to undertake larger, impactful projects, making them a valuable partner for organizations with significant energy management needs.
Strategic Partnerships Collaborations with firms like SSM Group suggest an openness to strategic alliances and project diversification, indicating potential for cross-selling or joint service offerings to expand market reach and enhance service portfolios.
Focus on Municipal and Industrial Markets Targeting municipal, educational, and industrial sectors aligns with a stable, diverse customer base. This focus opens opportunities for tailored energy solutions, especially as these sectors increasingly seek cost savings and sustainability initiatives.