Washington, D.C.-based solar electric and thermal developer Skyline Innovations has changed its name to Nextility Inc. to reflect its expansion into the energy brokerage business.
The company recently launched Nextility Power and Gas, which uses energy monitoring technology to enable small businesses in deregulated energy markets to procure electricity from different suppliers.
Nextility's system automatically monitors and compares a customer's current rate with what is available in the competitive marketplace.
The company has received $7 million in funding to expand its services, develop its technology and launch into new markets.
‘Nextility is built on the premise that small businesses want lights, cold air, hot water for the lowest amount of money and time they can spend,’ says Zach Axelrod, Nextility CEO. ‘With the launch of our second offering, we've rebranded the company to reflect our improved ability to help customers manage their energy spend while they run their businesses.’
