Houston – October 05, 2026 -- GETCHOICE!, the enterprise utility intelligence platform, reported 220% growth in total spend under management over the past two years, alongside a 50% run-rate revenue pace and 130% year-over-year net revenue retention. Spend managed on the platform grew more than 20% in the most recent quarter alone.

U.S. power and utilities M&A surged 173% year over year to $216 billion

PwC data cited by the company show announced U.S. power and utilities M&A totaled $216 billion in the six months ended May 2026, up 173% versus the prior-year period. GETCHOICE! frames its own expansion as a direct response to this broader shift, in which electricity, natural gas, steam, water, wastewater, waste and recycling, telecom and internet spend are increasingly treated as a single mission-critical category.

A Fortune 500 energy company routes 17,000 invoices a month through the platform

One unnamed Fortune 500 National Energy Company runs approximately 17,000 utility invoices per month across more than 1,500 suppliers and roughly $700 million in annual utility spend through GETCHOICE!. Centralizing that workflow reduced the company's late fees to zero and consolidated its portfolio into a single reporting view.

Existing customers expand usage rather than treating the platform as a single point solution

The company said its 130% net revenue retention rate is driven by customers adding locations, utility categories and spend after initial deployment. GETCHOICE! Chief Executive Officer Kiki Dikmen said enterprises are no longer asking whether a utility bill was paid, but why spend moved, where exposure sits, and what to do next.

Finance and procurement leaders push utility spend into board-level decision-making

GETCHOICE! said finance, procurement and operations leaders are increasingly treating utility spend as a strategic category rather than a back-office expense, citing its growing size, volatility and consequence for enterprise financial performance. Dikmen said the central question has shifted from lowering utility costs to whether a company understands its utility portfolio well enough to control risk, data and decision-making.

Dikmen said competitive advantage in the category will depend on connecting data, automation, payments, procurement and expertise across the utility value chain rather than adding isolated features.