When was Energy Locals founded?

Energy Locals was founded in 2016 and raised its 1st funding round 2 years after it was founded.

Where is Energy Locals located?

Energy Locals is headquartered in Melbourne, Australia.

How many employees does Energy Locals have?

As of Sep 30, 2026, the latest employee count at Energy Locals is 117.

Is Energy Locals a funded company?

Energy Locals is a funded company, having raised a total of $***** in its 1st and only funding round, a Series A round on Sep 26, 2018.

When was the latest funding round of Energy Locals?

Energy Locals' latest funding was a $***** Series A round on Sep 26, 2018, with participation from 1 investor.

Where does Energy Locals rank among its competitors?

Energy Locals ranks 453rd amongst 2133 active competitors, of which 73 are funded. It stands 1st in terms of total funding among its competitors. The most recent competitor to raise funding was Portland General Electric, which secured $3.82M in Oct, 2025.

Who are the top competitors of Energy Locals?

Energy Locals' top competitors include NTPC, Saudi Electricity and Iberdrola. Among them, Portland General Electric secured the most recent funding round in October, 2025.

Energy Locals - 2026 Company Profile, Team, Funding & Competitors

Company Details

Energy Locals focusses on helping customers reduce their reliance on the grid and increase their level of energy independence with fixed and affordable prices. They install energy storage units and energy generation units at communities and provide a platform to integrate customers.

Website: energylocals.com.au
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Key Metrics

Founded Year

2016

Location

Melbourne, Australia

Stage

Acquired

Total Funding

$2M in 1 round

Latest Funding Round

Series A, Sep 26, 2018, $*****

Investors

Quinbrook & 1 more

Ranked

453^rd among 2133 active competitors

Employee Count

117 as on Sep 30, 2026

Similar Companies

NTPC & 1018 more

Exit Details

Acquired by Palisade Investment Partners (Nov 11, 2024)

View Energy Locals' full profile

Energy Locals got acquired by Palisade Investment Partners on Nov 11, 2024.

Click here to take a look at Energy Locals's acquisition in detail

Energy Locals has raised a total funding of $2M over 1 round. Its latest funding round was a Series A round on Sep 26, 2018 for $*****. 1 investor participated in its latest round. Energy Locals has 2 institutional investors.

Here is the list of recent funding rounds of Energy Locals:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Sep 26, 2018	3107832	Series A	7383154	5586993	7356524	2998133

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View details of Energy Locals's funding rounds and investors

The founders of Energy Locals is Adrian Merrick.

Here are the details of Energy Locals' key team members:

Adrian Merrick: Founder of Energy Locals.

View details of Energy Locals's Founder profiles and Board Members

Energy Locals' employee count trend

Energy Locals has 117 employees as of Sep 26. Here is Energy Locals's employee count trend over the years:

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Top competitors of Energy Locals include NTPC, Saudi Electricity and Iberdrola. Here is the list of Top 10 competitors of Energy Locals, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	NTPC 1975, Delhi (India), Public	Government entity engaged in the generation of electricity and allied activities	-	SBI, Canara Bank	73/100
2nd	Saudi Electricity 2000, Riyadh (Saudi Arabia), Public	Electric power generator and distributor	-	Citi, Public Investment Fund & 9 others	73/100
3rd	Iberdrola 1992, Bilbao (Spain), Public	Provider of integrated solutions and services for energy generation and sustainable development.	-	PGGM, Qatar Investment Authority & 3 others	73/100
4th	Copel 1954, Curitiba (Brazil), Public	Power generation, transmission, and distribution company	-	-	71/100
5th	Vattenfall 1909, Stockholm (Sweden), Funding Raised	Producer of heat and power generating services	-	Taaleri, Danske Bank & 6 others	71/100
6th	Enel 1996, Rome (Italy), Public	Provider of renewable energy generation and electricity distribution utility services	-	B Capital Fund, Cowles Company & 1 others	71/100
7th	PLN 1945, Jakarta (Indonesia), Funding Raised	Operator of electricity utilites	-	Bank of China, UOB & 17 others	70/100
8th	Origin Energy 2000, Sydney (Australia), Public	Energy corporation	-	CVC, Greyrock Investments & 3 others	69/100
9th	FirstEnergy Corp 1997, Akron (United States), Public	Provider of electricity production and distribution services	-	Elliott Management, GIC & 4 others	69/100
10th	Portland General Electric 1888, Portland (United States), Public	Provider of electricity and related services to customers	-	General Electric, OSTI & 1 others	68/100
453rd	Energy Locals 2016, Melbourne (Australia), Acquired	Fixed prices for electricity	$2M	Quinbrook, Cape Byron Power	32/100