thrice-energy-solutions-llc Research by SuperAGI

Company Profile: Thrice Energy Solutions, LLC

Background

Thrice Energy Solutions, LLC, established in 2016, is a locally owned contractor based in Oklahoma City, Oklahoma, specializing in insulation and energy efficiency services for residential, commercial, and agricultural structures. The company's mission is to enhance comfort, health, and energy savings by providing high-quality insulation and air sealing solutions. Their vision is to "Build Better," aiming to create spaces that are consistently comfortable year-round while improving indoor air quality and energy efficiency.

Key Strategic Focus

Thrice Energy Solutions focuses on delivering comprehensive energy-saving solutions through:

Core Objectives: Enhancing building comfort, health, and energy efficiency.

Specializations: Insulation installation, air sealing, and energy audits.

Technologies Utilized: Fiberglass insulation (Owens Corning® products), closed-cell and open-cell spray foam insulation, cellulose insulation, and air sealing technologies like AeroBarrier® and AeroSeal®.

Primary Markets: Residential, commercial, and agricultural sectors within a 200-mile radius of Oklahoma City and Tulsa.

Financials and Funding

In June 2024, Thrice Energy Solutions was acquired by Installed Building Products, Inc. (IBP), a leading installer of insulation and complementary building products. This acquisition added approximately $14 million in annual revenue to IBP's portfolio.

Pipeline Development

As a privately held company, specific details about Thrice Energy Solutions' pipeline development, including clinical trials or product development stages, are not publicly disclosed.

Technological Platform and Innovation

Thrice Energy Solutions employs several proprietary technologies and scientific methods to deliver efficient energy solutions:

Proprietary Technologies: AeroBarrier® and AeroSeal® for advanced air sealing.

Scientific Methods: RESNET-certified Home Energy Ratings (HERS) and blower door testing to assess and improve building energy performance.

Leadership Team

The leadership team at Thrice Energy Solutions includes:

Ms. Christina Carmack: Operations Manager, overseeing daily operations and ensuring service quality.

Market Insights and Competitor Analysis

The insulation and energy efficiency services market is experiencing growth due to increasing awareness of energy conservation and sustainable building practices. Demand for energy-efficient solutions is rising across residential, commercial, and agricultural sectors.

Key competitors in the Oklahoma City area include:

GWSSI: Provides energy conservation services with an A+ BBB rating.

Superior Seamless Guttering Service: Specializes in seamless gutter installation and maintenance.

United Acoustics Inc.: Offers acoustical solutions to enhance building environments.

Strategic Collaborations and Partnerships

Thrice Energy Solutions has established affiliations with:

National Insulation Contractors’ Exchange (NICE): A trade association representing the insulation industry.

RESNET: A non-profit organization that sets standards for building energy performance.

Builders Association of South Central Oklahoma: A regional trade association for builders.

Central Oklahoma Home Builders Association: A local association supporting home builders.

Oklahoma Home Builders Association: A state-wide association for home builders.

Operational Insights

Thrice Energy Solutions differentiates itself through its commitment to quality, customer service, and energy efficiency. The company's affiliations with industry organizations enhance its credibility and operational capabilities.

Strategic Opportunities and Future Directions

Post-acquisition by IBP, Thrice Energy Solutions has the opportunity to leverage IBP's resources and national presence to expand its service offerings and geographic reach. The focus on energy efficiency and sustainable building practices positions the company well to capitalize on growing market demand.