Zeo Energy (ZEO) Investor presentation summary

Business overview and market positioning

• Operates in residential solar and commercial long-duration energy storage, focusing on rapid commercial expansion and growth in key residential markets such as OH, PA, and VA.

• U.S. solar market remains underpenetrated compared to international peers, with rising electricity prices and favorable policy tailwinds supporting adoption.

• Vertically integrated platform delivers sales, installation, and service, creating multiple revenue streams and a differentiated customer experience.

Residential solar segment

• Achieved strong demand due to rising energy costs, tax credits, and reduced competition after industry bankruptcies.

• Expects over 20% year-over-year revenue growth in 2026 with high single-digit AEBITDA margins.

• Multi-tiered sales process and custom CRM system drive low customer acquisition costs and high conversion rates.

• Value proposition includes lower utility bills, grid independence, and the ability to monetize excess power.

Commercial and energy storage segment

• Commercial projects, especially for data centers, present large, recurring, high-margin revenue opportunities but face capital intensity and long timelines.

• Acquisition of Heliogen and partnership with Creekstone Energy to develop 280 MW of baseload energy generation and LDES for a major data center campus.

• LDES solutions provide reliable, on-demand power, peak demand management, and environmental benefits for mission-critical installations.

• Engineering services span power, heat, water systems, and advanced storage technologies including compressed CO2 and molten salt.