Power Efficiency

company

About

Power Efficiency, a green energy company, offers efficiency technologies for electric motors.

  • 11 - 50

Details

Last Funding Type
Series Unknown
Last Funding Money Raised
$2.43M
Industries
Electrical Distribution,Energy,Energy Efficiency
Founded date
Jan 1, 1994
Number Of Employee
11 - 50
Operating Status
Close

Power Efficiency is a green energy company focused on efficiency technologies for electric motors. Power Efficiency is incorporated in Delaware and is headquartered in Las Vegas, Nevada. Power Efficiency's stock symbol is PEFF and trades on the OTCBB.

The Company has developed a patented and patent-pending technology platform, called E-Save Technology, which has been demonstrated in independent testing to improve the efficiency of electric motors by 15-35% in appropriate applications. Electric motors consume over 25% of the electricity in the U.S. and many operate inefficiently. E-Save Technology can be licensed to motor, controls and equipment manufacturers.

Power Efficiency's first product based on E-Save Technology is a Motor Efficiency Controller for applications such as escalators, crushers, granulators, mixers, saws, and MG elevators. Power Efficiency estimates that E-Save Technology can save the U.S. manufacturing industry alone $1.7 billion in annual electricity costs.

Power Efficiency has also developed a new product based on E-Save Technology for the tens of millions of small motors found in applications, such as clothes washers and dryers. The company is working with manufacturers to incorporate this technology directly into new motors and appliances.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
1
$2.43M
Power Efficiency has raised a total of $2.43M in funding over 2 rounds. Their latest funding was raised on Jul 18, 2005 from a Series Unknown round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Jul 18, 2005 Series Unknown $2.43M 1 Detail

Investors

Number of Lead Investors
Number of Investors
1
Power Efficiency is funded by 1 investors. Summit Energy Ventures are the most recent investors.
Investor Name Lead Investor Funding Round
Summit Energy Ventures Series Unknown