News

#064: James McGinniss on DER technology and the future of electricity consumption

Nexus

Episode 64 is a conversation with James McGinniss, CEO of David Energy, a startup, and what I would call, The Grid-Interactive Buildings / Advanced Supervisory Control Space. We talked about David Energy's founding story, the future of electricity consumption, and the problems David Energy solves by bridging the behind-the-meter demand-side world with the in-front-of-the-meter supply-side world with their software platform.

Read Article

David Energy Launches in NY and NJ

David Energy

David Energy announces it is now serving customers in NY and NJ as a retail energy supplier with their first of a kind “Shared Savings” product. By combining demand response, retail energy supply, and energy management software, David Energy is able to provide significant value for their customer base.

Read Article

Retail Supplier Formally Announces “Shared Savings” Retail Energy Product In New York, New Jersey

EnergyChoiceMatters

David Energy announced today it is now serving customers in New York and New Jersey as a retail energy supplier with what it called a, "first of a kind 'Shared Savings' product."

Read Article

Venture capital funding in energy storage up significantly with $994 million in Q1 2021

Battery Industry

In Q1 2021, $1.3 billion was raised in venture capital funding by battery storage, smart grid, and energy efficiency companies, a 410% increase from the $252 million raised in Q1 2020, Mercom Capital Group LLC, Austin, Texas, United States, has reported.

Read Article

Prosumer-Focused Retail Energy Start-up Seeks Texas Retail Electric Provider Certificate

Paul Ring, Energy Choice Matters

David Energy Supply (Texas) LLC applied for an Option 1 Texas retail electric provider certificate. As previously reported, David Energy emphasizes a prosumer business model and recently announced the close of $19 million in new financing and the hiring of several retail market veteran.

Read Article

How distributed energy can harden the Texas power grid

Jeff St. John, Canary Media

Texas may struggle mightily with a top-down approach to fixing what broke its power grid this February. But distributed energy resources could offer a bottom-up solution. To James McGinniss, CEO and co-founder of David Energy, that makes for an intriguing business opportunity. In the coming months, the New York-based retail energy provider plans to enter the Texas retail market and launch a pilot offering for a few hundred Texas customers, one that combines monthly energy payments with distributed energy installations.

Read Article