Sheppard

Vertical Playbook · For PE-backed Platforms

Electrical

Residential electrical, panel upgrades, EV charging, whole-home generators.

Electrical is the trade most exposed to the next decade of residential capex, panel upgrades for electrification, EV charger installs, whole-home generators, solar interconnects. Platforms that build the brand to own these high-ticket categories will compound faster than the underlying trade.

Operating Realities

The way the trade actually runs.

  • 01$200 outlet repair and $14k panel upgrade live under the same brand, the marketing has to do both jobs.
  • 02Permitting, code, and utility interconnect cycles mean longer sales cycles for electrification work.
  • 03EV and generator demand is geographically clustered and policy-driven, the playbook has to localize.

The Sheppard Playbook

What we install in electrical platforms.

, 01

Build the electrification brand layer

Most electrical brands look like 1995. Sponsors who upgrade brand identity to match the high-ticket category they're now selling capture meaningful pricing power.

, 02

Segment by ticket and intent

Service work, panel work, EV charger installs, and generators each get their own funnel. Mixing them in one PPC account is the single most common destruction of efficiency we see.

, 03

Utility and rebate-aware content

Customers searching for EV chargers and generators are searching for rebates too. The platform whose content owns the rebate query owns the install.

KPIs We Move

What the sponsor sees on the dashboard.

Panel-upgrade pipeline value

EV install cost per acquisition

Generator lead-to-install ratio

Service-to-upgrade conversion

Frequently Asked

On electrical in private equity.

What's a fair marketing budget for an electrical contractor?

+
Between 5% and 9% of revenue for a residential electrical contractor. Lower than HVAC because the trade has less marketing-driven competition for the same demand. The mix shifts toward demand creation (paid social, content, brand) more than HVAC because high-ticket electrical work (panel upgrades, EV chargers, generators) is considered, not emergency. Operators chasing electrification work (panel, EV, solar) should sit at the high end of the band to build the brand layer that pricing power lives in.

How do I market EV charger installation?

+
EV charger installs are a fast-growing category with low marketing maturity across most operators. Lead with the utility rebate and tax incentive (consumers search for those terms alongside the product). Build content around home-charging specifications (Level 1 vs Level 2, amperage, panel capacity) because the buyer is researching before they call. Pair EV charger installation marketing with panel upgrade marketing because the two services bundle naturally and lift average ticket.

How do I market panel upgrades?

+
Panel upgrades are a $3K to $8K considered purchase. The marketing job is consultative: surface the diagnostic case (your panel is 1970s, your insurance carrier may require replacement, your EV install requires upgrade first), build trust through brand and reviews, and run a long-cycle paid search and content funnel. Most electrical operators run panel work as a downstream upsell from service calls. The ones who run it as a top-of-funnel marketing category compound much faster.

Should I market generators, panel upgrades, and EV chargers separately?

+
Yes. Different intent, different ticket size, different buyer journey. Generators are emergency-adjacent (storm-driven, blackout-driven). Panel upgrades are diagnostic-driven. EV chargers are vehicle-purchase-adjacent. Running one campaign across all three dilutes ad relevance, hurts quality score, and obscures performance. Build separate landing pages, separate ad groups, separate measurement. They can share the brand layer; they shouldn't share the funnel.

Why is electrical the fastest-growing PE-backed home services category?

+
Electrical is exposed to the next decade of residential capex: panel upgrades for electrification, EV charger installs, whole-home generators, and solar interconnects. Platforms that build the brand to own these high-ticket categories compound faster than the underlying trade is growing. The pricing power is in the brand layer most electrical platforms haven't built yet.

What's the EBITDA play in electrical services consolidation?

+
Three levers. Ticket-mix shift toward electrification work (panel, EV, generator). Brand pricing power in those high-ticket categories. Operational consolidation across permitting, supplier relationships, and dispatch. Marketing primarily moves the first two: the brand layer and the ticket mix.

Engage Sheppard

Have a electrical platform under LOI?

We can be in the data room next week with a commercial diligence on the marketing engine. Pre-close, post-close, or pre-exit, same operating model.

For PE sponsors backing electrical platforms specifically: See the private equity brief