About Us

Energy Assets:
they're in our DNA.

Palm Energy LLC is apart of the e2 Companies family.

e2 Companies is an ESG focused organization providing energy resiliency and efficiency, through technology-driven risk management using a complete turnkey business model for mission critical, utility, industrial, and commercial customers. e2’s success is driven by a focus on providing value to its clients through top-notch technical performance and excellence in products and services.

Together, Palm Energy and e2 provide comprehensive energy solutions and services to businesses throughout North America.

The Challenges

The State of the Utility Industry is best described by a number of challenges including:

  • The Power Grid is stressed and undersupplied during critical times
  • Utility companies need customers off the grid during peak times
  • Significant transmission and distribution upgrades are needed
  • Renewable energy is largely intermittent
  • Increasing number of black outs
  • 2 out of 5 companies experience power loss monthly 1
  • Power outages cost the US economy an average of $59billion per year 2
1  According to a recent survey in the S&C State of Commercial Power Reliability Report
2   Microgrid Knowledge Copyright Energy Efficiency Markets, LLC

What We Do

Using the Patent Pending R3Di System, Palm Energy provides Energy and Resiliency Solutions to our Partners across North America.

Virtual Utility Solutions

The Patent Pending on-site power System, R3Di, provides near-instant backup energy capable of sustaining long duration outages. The System and our expertise also provide considerable Energy Savings, and serves as a foundational building block for future Distributed Energy Resource projects.

The combination of our Turnkey System, No-CapEx Energy and Resiliency Agreement, Service Level Guarantees, and Maintenance Services allows our Partners to have peace of mind and focus on their business no matter what the local or global disruption may be.

Outsourced Energy Management

With our comprehensive capabilities, our Partners can curate an optimal suite of solutions or outsource energy management to Palm Energy. From how you buy power and gas commodity, to the boots on the ground required to service energy infrastructure, and everything in between.

Who We Are

Our leadership team brings years of combined experience and has worked with end users of all types and sizes.

  • Our team has significant experience with the myriad of energy assets, applications, and services in the market.

  • Industry leading expertise serving national and federal accounts, in addition to stand alone facilities.

  • Our engagements are true Partnerships built on TRUST, INTEGRITY, and EXECUTION.

Our Experience & Accomplishments

24x7x365
7,500
1,200MW
$1B

24x7x365

Successfully designed, staffed, and implemented a state of the art 24x7x365 Network Operations Center (NOC) to manage disparate assets including Solar, Thermal, Wind, Battery, and Distributed Engines.

24x7x365
7,500
1,200MW
$1B

7,500

Managed all aspects of market participation for available programs (capacity, energy, and peak load management) across deregulated markets for over 7,500 facilities, generating over $2B in savings and direct payments to our Partners through our programs.

24x7x365
7,500
1,200MW
$1B

1,200MW

Completed 1,200MW and 4,000 successful regulatory reviews for Distributed Generation and Emissions Aftertreatment projects.

24x7x365
7,500
1,200MW
$1B

$1B

Managed over $1B in Power and Gas Procurement and Risk while analyzing over 25,000 Utility Bills a month.

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View Case Study
Case Study

Our Experience & Accomplishments

24x7x365
7500
1200MW
$1B

24x7x365

Successfully designed, staffed, and implemented a state of the art 24x7x365 Network Operations Center (NOC) to manage disparate assets including 24x7x365 Solar, Thermal, Wind, Battery, and Distributed Engines.

24x7x365
7500
1200MW
$1B

7500

Managed all aspects of market participation for available programs (capacity, energy, and peak load management) across deregulated markets for over 7,500 facilities, generating over $2B in savings and direct payments to our Partners through our programs.

24x7x365
7500
1200MW
$1B

1200MW

Completed 1,200MW and 4,000 successful regulatory reviews for Distributed Generation and Emissions Aftertreatment projects.

24x7x365
7500
1200MW
$1B

$1B

Managed over $1B in Power and Gas Procurement and Risk while analyzing over 25,000 Utility Bills a month.

Aut Facere Iste

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Suspendisse varius enim in eros elementum tristique. Duis cursus, mi quis viverra ornare.

View Case Study
Case Study

Complete Inhouse Capabilities

The combination of e2’s engineering, compliance, and capital coupled with Palm Energy's energy market expertise provides customers with a complete solution for transitioning into the distributed utility paradigm while improving efficiency, resiliency, and financial outcomes.

Network Operations Center (NOC)

Not only is our 24/7/365 NOC monitoring the status, health, and readiness of R3Di Systems across North America, our Operators are continuously monitoring weather, energy pricing, and Utility conditions to ensure the energy management and resiliency needs of our Partners are optimized and R3Di for dispatching in near real time.

Leadership Team

Steven Moffitt

President

Steven has been a leader in both the Energy and Information Technology industries for over 30 years. This unique combination of technology and business experience provides him with a keen eye for Corporate Strategy, Business Development, and value creation for customers and stakeholders. Steven holds a bachelor’s degree from the University of Texas at Arlington.

James McKenna

Vice President, Operations

Jim McKenna, CPA, serves as the Vice President of Business Operations, having previously held the role of Director of Market Operations at the Distributed Energy Resources (DER) division of NRG Energy where he was responsible for all aspects of demand response and DER market participation. Prior to NRG, Jim worked at Deloitte & Touché for more than 8-years providing audit and advisory services to clients across a wide range of industries. Jim holds a bachelor’s degree from Canisius College.

Fazil Shaikh

Vice President, Energy Management

As Vice President of Energy Management, Fazil oversees structuring, energy management, as well as the customer experience. Fazil has substantial experience optimizing customers' energy and distributed resources to reduce energy costs and increase energy resiliency. Prior to joining Palm Energy, Fazil led various functions and business units focused on distributed energy resources, energy supply management, demand side management, and energy IoT for NRG Energy, Inc. and Dominion Energy, Inc. Fazil holds a bachelor’s degree from Texas A&M University.

Jeffrey Bonerb

Vice President, Strategic Business Partnerships

Jeffrey serves as Vice President, Strategic Business Partnerships. Jeffrey was instrumental in building the nation’s largest privately held Demand Response company, Energy Curtailment Specialists, which was acquired in 2013 by NRG Energy. Over his 15-years with the organization he served in several senior leadership roles across Operations, Sales, and Customer Service. Jeffrey holds a bachelor’s and master's degree from Canisius College.

Frank Lettieri

Vice President, Partnership Development

Frank serves as Vice President, Partnership Development. He has been in the Energy and Energy Efficiency industry for nearly 30-years. He previously led sales organizations for Grainger, Tyco, Honeywell, Comverge/C-Power and NRG. With a background in building controls technology and executive leadership with two of the largest Curtailment Services Providers in North America, he brings his knowledge of the energy markets and direct sales leadership to the team.

Work With Us

Explore Our Services

Our industry leading team with provide the ultimate benefit to you and your facility.

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