GETCHOICE! Reports 220% Utility Spend Growth

HOUSTON, Oct. 5, 2026 /CourierPR/ -- Houston-based GETCHOICE!, the enterprise utility intelligence platform, has reported a 220% growth in total spend under management over the past two years, alongside a 130% year-over-year net revenue retention rate. The company's core business grew at a 50% run-rate revenue pace, marking a significant expansion in a sector already seeing a 173% surge in strategic dealmaking.

The growth places GETCHOICE! at the leading edge of a utility-management category being reshaped by accelerating demand and tightening capacity. In electricity, this shift is already visible in the capital markets: according to PwC, announced U.S. power and utilities M&A totaled $216 billion in the six months ended May 2026, up 173% year over year. However, electricity is only the most visible example of a much broader trend. The enterprise utility system includes natural gas, steam, water and wastewater, waste and recycling, telecom and internet, drag-reducing agents, and other essential recurring services. Together, they represent a large, complex, and mission-critical spend category that deserves its own operating infrastructure.

GETCHOICE! CEO Kiki Dikmen highlighted the company's growth as a customer response to a shift in how enterprises view utility management.

GETCHOICE! emphasizes that its 130% net revenue retention rate is the clearest signal behind its growth. The company notes that customers are consistently adding locations, utility categories, and spend to the platform after initial deployment, rather than utilities management remaining a single point solution. One particular Fortune 500 National Energy Company alone highlights this pattern and its scale. For this company's portfolio alone, GETCHOICE! platform processes approximately 17,000 utility invoices per month across more than 1,500 suppliers and roughly $700 million in annual utility spend. Centralizing this workflow on GETCHOICE!'s platform reduced late fees to zero and gave the organization a single, reliable view of its portfolio.

Dikmen points to structural forces in the broader market as the backdrop for GETCHOICE!'s growth. As utility spend becomes larger, more volatile, and more consequential to enterprise financial performance, GETCHOICE! says finance, procurement, and operations leaders are increasingly treating it as a strategic, board-level category rather than a back-office expense.