Tri-Point Electric Company Profile

Background

Tri-Point Electric, established in 2011, is a full-service electrical contracting firm based in Broomall, Pennsylvania. The company specializes in both residential and commercial electrical services, emphasizing quality workmanship and customer satisfaction.

Key Strategic Focus

Tri-Point Electric's strategic focus encompasses:

Comprehensive Electrical Services: Offering a wide range of services including emergency generator systems, circuit breaker and electric service upgrades, lighting installations and troubleshooting, dedicated receptacles, and 120-240 volt electric outlets.

Specialized Expertise: Proficiency in EV charging station installations, knob and tube remediation, and both interior and exterior lighting solutions.

Geographic Reach: Serving Delaware County, the Main Line, Chester County, and Montgomery County in Pennsylvania.

Financials and Funding

As a privately held company, specific financial details and funding history for Tri-Point Electric are not publicly disclosed. The company operates within the small business sector, with an estimated revenue between $0 and $1 million and a team of approximately three employees.

Pipeline Development

Tri-Point Electric's service portfolio includes:

Residential and Commercial Projects: Engaging in electrical installations and upgrades for both sectors.

Specialized Installations: Implementing EV charging stations and conducting knob and tube wiring remediation.

Lighting Solutions: Providing comprehensive interior and exterior lighting services.

Technological Platform and Innovation

The company employs industry-standard technologies and methodologies to deliver reliable electrical services. Notable aspects include:

Proprietary Technologies: Utilization of certified solar photovoltaic (PV) systems and Eaton generator services.

Scientific Methods: Application of advanced electrical diagnostics and remediation techniques, particularly in addressing outdated wiring systems.

Leadership Team

Brad Balentine: President and founder, overseeing the company's strategic direction and operations.

Holly Pearson-Wier: Business Manager, responsible for administrative and operational management.

Michael Burch: Project and Operations Manager, managing project execution and operational efficiency.

Leadership Changes

There are no publicly reported recent changes in the leadership team.

Competitor Profile

Market Insights and Dynamics

The electrical contracting industry in Pennsylvania is competitive, with numerous firms offering similar services. Market dynamics are influenced by technological advancements, regulatory changes, and evolving customer needs.

Competitor Analysis

Key competitors in the region include:

Generation 3 Electric & HVAC: A well-established firm offering electrical and HVAC services with a strong customer base.

Lion Electrical: Known for its comprehensive electrical solutions and customer-centric approach.

Raiden Arc Electric: Specializes in residential and commercial electrical services with a focus on innovation.

Strategic Collaborations and Partnerships

Tri-Point Electric is a certified Eaton generator service contractor and a certified solar PV installer, indicating partnerships with leading industry manufacturers.

Operational Insights

The company's strategic considerations include:

Customer-Centric Approach: Emphasizing quality and customer satisfaction to build a loyal client base.

Specialized Services: Offering niche services like EV charging station installations and knob and tube remediation to differentiate from competitors.