Schneider Electric acquires WattBuy to accelerate residential electrification

Schneider Electric has acquired WattBuy to accelerate residential electrification in the U.S.

• Acquisition and integration: Schneider Electric acquired WattBuy, retaining CEO Naman Trivedi, and will integrate WattBuy with Schneider subsidiaries EnergySage and Qmerit to provide an end-to-end homeowner electrification pathway covering personalized energy plans, solar installations, EV charger deployment, and home electrification upgrades; WattBuy is API-first and already reaches consumers via partners like Redfin, Veterans United Home Loans, and Opendoor (collectively reaching over 100 million consumers).
• Technology and press details: WattBuy uses proprietary data models to personalize recommendations for electricity plans, rooftop solar, battery storage, and total energy costs based on address and usage; press contacts provided are naman@wattb.com and schneiderelectric@sutherlandgold.com; no transaction value or implementation timeline is stated in the release.