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.