Resource Innovations Acquires Shifted Energy, Creating the Industry's First Integrated Turnkey Utility DSM and Edge DERMS Platform

SAN FRANCISCO, Oct. 9, 2025 /PRNewswire/ -- Resource Innovations (RI), a leading utility software and consulting platform, today announced the acquisition of Shifted Energy, a Honolulu-based company recognized for its pioneering distributed-energy resource management system (DERMS) technology and commitment to energy equity.

With U.S. electricity demand projected to outpace capacity by nearly 200 gigawatts in the coming years, utilities face mounting pressure to deliver reliable and affordable energy while managing unprecedented stress on the grid. This acquisition positions RI at the forefront of this challenge as the first fully integrated managed technology services firm, combining utility consulting and advisory expertise, turnkey demand-side management (DSM) program implementation, and grid-edge DERMS capabilities. RI is now uniquely equipped to deliver end-to-end virtual power plant and flexible load management solutions at scale. With a strong commitment to equity, these solutions are bridging customer programs with grid operations in ways not achieved before.

"Our clients are facing some of the toughest challenges we've seen, balancing reliability and affordability while managing record load growth," said Lauren Casentini, Founder and CEO of Resource Innovations. "Adding Shifted Energy's capabilities to RI's offerings enables us to deliver scalable, end-to-end DSM and grid-edge solutions to more customer segments than ever before. It's an exciting step forward in helping our clients innovate and stay ahead of what's next in the energy transition."

Shifted Energy was founded in Hawai'i after the state became the first in the U.S. to adopt a 100% clean energy mandate. From the beginning, the company was built on the belief that renters and underserved communities should not be left behind. Starting with low-cost water heater controls, Shifted Energy has since expanded to optimize a wide range of devices, including batteries, solar inverters, thermostats, pool pumps, EV chargers, and whole-home meters.

At the heart of Shifted Energy's offering is its Grid Maestro™ platform, which enables utilities, aggregators, and real estate partners to transform everyday devices into flexible grid-edge power plants. By combining advanced forecasting and optimization with an equity-first approach, the company delivers scalable solutions that improve grid reliability while creating tangible value for communities.

Forest Frizzell, Co-founder and CEO of Shifted Energy, remarked, "Shifted Energy was built from the ground up in Hawai'i, with the vision that clean energy solutions should lift up the people who are most often left behind. Joining forces with Resource Innovations gives us the chance to scale that vision and bring the spirit of our work to utilities and customers across the country. I'm deeply grateful to our team, our supporters, and our partners who believed in us every step of the way. Today we celebrate, and tomorrow we get back to building solutions that are equitable, innovative, and rooted in the communities we come from."

By integrating Shifted Energy's DERMS technology with Resource Innovations' consulting and utility DSM expertise, the combined company is transforming how utilities engage customers, manage demand, and unlock load flexibility. Together, they are positioned to lead the next shift in the energy transition, delivering reliable, equitable, and resilient grid management solutions, backed by unparalleled industry expertise.

About Resource Innovations

Resource Innovations (RI) is a women-led energy transformation firm focused on impact. Building on our expertise in energy efficiency, we're constantly expanding our portfolio of clean energy solutions to guide utilities through increasingly complex, connected challenges. We are a portfolio company of Morgan Stanley Capital Partners. Visit resource-innovations.com to learn more about how we are accelerating the clean energy transition and leading the charge to power change.

About Shifted Energy

Shifted Energy was founded in 2016 as a spin-off from the energy efficiency and justice efforts of nonprofit Kanu Hawai'i, a 20,000-member grassroots organization focused on environmental sustainability and community empowerment in Hawai'i. The company produces world-class software and partners with smart hardware OEMs to convert behind-the-meter assets into valuable demand response assets, empowering electricity users and enabling utilities to stabilize their grids while accelerating the integration of renewable energy. For more information, visit shiftedenergy.com.

SOURCE Resource Innovations