
Elvy
Home energy consumption with an all-inclusive, cost-effective subscription model for sustainable power solutions.
Date | Investors | Amount | Round |
---|---|---|---|
investor investor | €0.0 | round | |
N/A | €0.0 | round | |
investor investor investor investor | €0.0 | round | |
* | $150m | Debt | |
Total Funding | 000k |
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Elvy Energy is pioneering a new approach to residential energy consumption, offering homeowners a comprehensive and hassle-free solution to reduce their electricity costs while embracing sustainable energy practices. The company provides a unique energy subscription service that includes the installation of solar panels, heat pumps, and battery systems worth up to 400,000 SEK at no upfront cost to the customer.
This innovative model allows homeowners to lower their energy expenses by 10-20% with a fixed price guarantee for 15 years. Elvy Energy takes care of the entire process, from initial energy analysis and system design to installation and ongoing maintenance. By leveraging AI-driven energy analysis, the company tailors each system to the specific needs and conditions of individual homes, considering factors such as microclimate, property characteristics, and energy consumption patterns.
The subscription service covers all aspects of home energy, including heating, hot water, and household electricity. Customers benefit from a guaranteed indoor temperature of 22 degrees Celsius, regardless of external weather conditions. Elvy Energy's solution not only reduces costs for homeowners but also significantly increases their energy self-sufficiency, with houses becoming 60-80% self-reliant.
By offering this all-inclusive energy management service, Elvy Energy is addressing the growing demand for sustainable living solutions while simplifying the transition to renewable energy for everyday consumers. Their approach eliminates the need for large upfront investments and complex decision-making processes typically associated with home energy upgrades, making clean energy more accessible and appealing to a broader audience.