Bringing electricity to remote areas with SparkMeter
SparkMeter delivers smart metering and grid management solutions that make reliable, affordable electricity possible in underserved and remote areas. Operating across Africa and other emerging markets, the company helps utilities reduce energy loss, improve grid performance, and integrate renewable energy sources, driving both climate resilience and equitable energy access.
Energy
Impact Indicators
132,430
Meters contracted and delivered
821
Rural areas served
90
SaaS customers
30
Employees
Making energy access more reliable
SparkMeter’s founders believe that technology can rapidly expand energy access in emerging markets and make the world a more equitable place. The company’s vertically integrated model combines metering hardware with advanced SaaS analytics to enhance grid reliability, integrate renewable energy in weak-grid environments, and improve financial sustainability for utilities – especially in remote, underserved geographies.
Why Goodwell invested
SparkMeter is a provider of grid management services, equipment, and software solutions that increase access to reliable electricity in underserved communities. They offer real-time energy monitoring, remote meter reading, and data-driven billing services, which optimise energy consumption, improve customer service, and reduce revenue losses for utilities and off-grid providers. Thanks to their scalable, low-cost solutions, Sparkmeter is advancing Africa’s clean energy transition.
Recent achievements and future ambitions
SparkMeter delivered over 132,000 meters in 2024, extending service to 821 rural communities, and reducing average meter prices by more than 13% — democratizing access to smart metering technology for utilities of all sizes. With robust growth in customer base, major traction in rural deployment, and strong female representation at the board level, SparkMeter is poised to become a cornerstone of equitable energy access infrastructure in the Global South.
Smart meters for emerging markets
Sorry, you have to accept cookies to see this content.
“Providing people with access to energy is what gives them opportunity. And that’s the thing the world really needs to have access to in order to be more equal and equitable place.”
Dan Schnitzer - CEO and co-founder SparkMeter