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Budderfly's Energy Lake: Saving Power, Saving Money
Description
Budderfly, a Shelton-based company, is revolutionizing energy efficiency for businesses. Founded in 2017, they help companies reduce energy bills by up to 30% through smart upgrades. Their new Energy Lake battery system captures unused electricity, storing it for peak times. With a recent $250 million funding increase, Budderfly is deploying the system at eleven sites, including OEM Controls in Shelton. The company holds 34 granted patents and 36 pending, focusing on HVAC controls and microgrids. In 2025, they secured over $250 million in revenue and ranked second on the Financial Times list of Americas fastest-growing energy companies.
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