
Reverde
Renewable energy subscription platform providing discounted electricity.
Date | Investors | Amount | Round |
---|---|---|---|
* | N/A | Early VC | |
Total Funding | 000k |
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Reverde operates as a digital platform in Brazil, offering residential and commercial clients access to renewable energy through a subscription model, which provides a discount of up to 15% on their electricity bills. The company connects users to a network of partner solar farms, enabling them to receive energy credits without any installation of solar panels, initial investment, or complex contracts. This model, known as Distributed Generation, is regulated under Brazilian law, including ANEEL's Normative Resolution 482/2012.
The customer journey is entirely online. After a simple registration on the website, Reverde analyzes the potential client's viability and, if approved, presents a personalized plan. Once a client joins, they are connected to one of the company's managed green power plants. Reverde then issues a single, consolidated monthly bill that reflects the generated savings. The company's system is integrated with local energy distributors, so paying the Reverde bill automatically settles the customer's conventional utility bill.
The business generates revenue by acting as an intermediary; the partner solar farms, which need customers for the energy they produce, remunerate Reverde for connecting them with end-users. The service is available in over 2,500 municipalities across several Brazilian states, including Minas Gerais, São Paulo, Rio de Janeiro, and Bahia, through partnerships with distributors like CEMIG, CPFL Paulista, and Enel. Reverde also offers a partner program, "Consultor Reverde," which allows individuals to earn commissions by referring new customers.
Keywords: renewable energy, energy subscription, solar energy credits, distributed generation, electricity discount, cleantech, Brazil energy market, utility bill savings, green energy, solar farm network, digital utility, energy-as-a-service, sustainable energy, online energy platform, residential solar, commercial solar, no-installation solar, Reverde Energia, energy cost reduction, clean energy access