Power TakeOff operates as a utility implementation contractor specializing in energy efficiency solutions. The company leverages its proprietary software and data analytics engine to identify and deliver personalized energy-saving recommendations to businesses. Power TakeOff primarily serves small and medium-sized businesses (SMBs) by providing remote energy usage diagnostics and virtual commissioning services. The company's innovative Virtual Commissioning VCxTM program allows utilities to offer a mass-market solution for SMBs, utilizing Advanced Metering Infrastructure (AMI) investments for remote analytics and virtual engagement. Power TakeOff's business model is based on a 100% pay-for-performance program, where costs are tied to actual energy savings in kilowatts (kW), kilowatt-hours (kWh), and Therms. This model ensures that clients only pay for the savings achieved, making it a cost-effective solution for energy efficiency. The company generates revenue by sharing the savings achieved with its clients, encouraging them to reinvest immediate cash flow savings into additional utility efficiency projects. Power TakeOff's approach results in average annual savings of 11% to 17% for SMB participants.

Keywords: energy efficiency, data analytics, SMB solutions, virtual commissioning, AMI investment, remote diagnostics, personalized recommendations, pay-for-performance, utility contractor, energy savings.