Electriq Power (NYSE: ELIQ) is a U.S.-based energy technology company specializing in smart home energy storage and management systems. The company’s flagship product, the Electriq Power RLB (Residential Load Battery), integrates advanced lithium-ion battery modules with proprietary software to optimize energy use, enable backup power, and support solar self-consumption. Through its digital platform, Empower, customers can monitor real-time energy flows, automate load shifting during peak pricing periods, and participate in demand response programs.
Founded in 2016 as IPS Solar and rebranded to Electriq Power in 2018, the company has expanded its offerings to serve both residential and light commercial markets. Electriq Power’s solutions are designed to be modular and scalable, allowing for easy retrofits on existing solar installations as well as integration into new construction projects. By leveraging predictive analytics and machine learning algorithms, the company tailors energy profiles to each customer’s usage patterns, weather forecasts, and local utility rate structures.
Electriq Power primarily serves customers across the United States, with a focus on states that have high solar adoption and favorable time-of-use rates, including California, Texas, Arizona, and Florida. The company partners with solar installers, home builders, and energy service companies to deploy its storage systems, offering training and certification programs to ensure seamless integration and optimal performance. Electriq Power’s products are compatible with a broad range of solar inverters and electrical systems, enhancing their appeal to installers seeking flexible solutions.
Leadership at Electriq Power is spearheaded by founder and CEO Marko Pedović, whose background in energy systems engineering and software development has shaped the company’s technology-driven approach. Supported by a management team with expertise in renewable energy, finance, and customer success, Electriq Power is positioned to address growing demand for resilient, cost-effective home energy solutions as the residential storage market expands.
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