Budderfly Taps Into Small Businesses for Its Inaugural Virtual Power Plant

Budderfly, an energy-as-a-service company, has been enhancing energy efficiency for small- and medium-sized businesses across the U.S. for nearly a decade by upgrading their energy infrastructure, including HVAC systems and LED lighting. Recently, it activated load management capabilities at around 200 locations, taking a significant step into the virtual power plant (VPP) market. This shift allows Budderfly to control energy usage across its sites, enabling participation in utilities’ demand-response programs with greater flexibility. By investing in infrastructure upgrades and managing the energy systems of clients like McDonald’s and Subway, Budderfly has experienced substantial growth, increasing its revenue from $400,000 in 2017 to over $250 million in 2025. With a recent capital raise exceeding $1 billion, the company is poised to capitalize on the burgeoning energy efficiency market as businesses increasingly recognize the value of energy savings.

Budderfly Taps Into Small Businesses for Its Inaugural Virtual Power Plant

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