September 12, 2024: Elexity, an energy management software provider, announced on September 10 it had formalized a partnership with Leap, a provider of virtual power plants.

Through this partnership, building operators will be able to connect energy storage assets to Leap’s VPP offerings, enabling them to access wholesale energy markets and generate new revenue streams. 

Elexity provides an all-in-one platform that optimizes a building’s energy assets, such as storage, solar, HVAC systems, and EV chargers. Through this partnership, commercial building managers will be able to participate in VPP programs and monetize grid services.

“Partnering with Leap enables us to easily open the door to VPPs for our customers,” said Mike Grenier, president at Elexity. “Our commercial building customers will be able to benefit from wholesale energy markets, like the California ISO, while also leveraging our load control software to make the most out of their energy assets.”

“By pairing Elexity’s building management platform with Leap’s VPP software solution, we’re providing fast, automated access to new grid revenue streams for commercial buildings,” said Jason Michaels, chief revenue officer at Leap. “Together, we’re unlocking new value for Elexity’s customers.”

Leap’s platform connects storage systems and other energy assets to grid programs, enabling them to earn revenue and provide support to the grid as VPPs. Commercial building owners using Elexity’s energy management software will be able optimize their energy usage and savings.