Power 1 Energy Company (P1EC) is a premier seller and supplier of electricity operating in the $500 billion deregulated energy industry and plans to expand into natural gas. Its stated mission is to help clients reduce and manage energy costs by negotiating better utility rates through deregulation. P1EC is described as one of the first U.S. holding companies to combine ownership of the sales and supply functions of deregulated energy. The company has integrated two operating businesses—The Power Company and ResCom—under common ownership. P1EC aims to leverage that integrated model to become a leader in a highly fragmented industry. Recently it partnered with iCFO Capital to secure $3.7M in seed funding from iCFO's San Diego investor network.

Total raised

$4M

Funding rounds

1

Latest round

Seed

Latest activity

Apr 2021