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Company Research Report: Perch Energy, Inc.



Company Overview



Name: Perch Energy, Inc.

Mission: We help people protect the planet by making cleaner energy options more accessible, more affordable and more equitable for all.

Founded:
  • Founded in 2010 as BlueWave Solar.

  • Rebranded and spun off as Perch Energy in 2021.


Founders: No information is available.

Key People:
  • Bruce Stewart - President, Chief Executive Officer

  • Russ Main - Chief Financial Officer

  • Sencelia Reynolds - Chief Operating Officer

  • Dave Schotz - Chief Sales Officer

  • Lynda Freshman - Chief Legal and Compliance Officer

  • Ali Abbasi - Chief Strategy and Analytics Officer

  • Myles Fish - SVP of Business Development

  • Jeffrey Battles - SVP of Technology

  • Georgina Arreola - VP of Policy

  • Monique Barrant - VP of Sales Operations


Headquarters: No information is available.

Number of Employees: No information is available.

Revenue: No information is available.

Known For: Perch Energy is known for being a tech-savvy clean energy services company that spun off from BlueWave Solar. It specializes in community solar programs aimed at making renewable energy more accessible and affordable.

Products



Community Solar



High-Level Description:
Perch offers community solar subscriptions that enable renters, homeowners, and businesses to save on their electricity bills without the need for rooftop solar panels.

Key Features:
  • Subscriptions to a local solar farm.

  • Discounts off electricity bills (5%-15%, up to 20% for those on government assistance programs).

  • No cost to join and $0 cancellation fee.

  • Environmentally friendly, supporting local job creation and reducing carbon emissions.


Electricity Shopping



High-Level Description:
Perch helps renters and homeowners find better deals on their electricity suppliers, potentially upgrading to 100% green energy options.

Key Features:
  • Comparison of electric suppliers.

  • Option to switch to green energy plans.

  • Savings on electricity costs over time.


Solutions for Solar Farm Owners



High-Level Description:
Perch provides customer acquisition and lifecycle management solutions for solar farm owners.

Key Features:
  • Effective customer acquisition strategies.

  • Comprehensive management services for community solar projects.


Recent Developments



New Products Launched:


  • No information is available.


New Features Added:


  • No information is available.


New Partnerships:


  • July 9, 2024: Perch Energy & Nuveen launched a campaign to enroll thousands of affordable housing residents in community solar across NYC.

  • February 14, 2024: Perch Energy announced B Corp certification, demonstrating its commitment to expanding renewable energy access to all.


Other Developments:


  • July 18, 2024: Russ Main was appointed as Chief Financial Officer and Jeffrey Battles as Senior Vice President of Technology.

  • 2023: Perch surpassed $25,000,000 in total discounts for community solar subscribers.

  • 2021-2023: Perch secured lead investor for $7.2M in Series A funding and recruited key executive leadership roles while expanding into new markets.





This report provides a comprehensive profile of Perch Energy, Inc., highlighting its mission, key personnel, products, and recent developments. Any missing information has been duly noted as unavailable.