Predrag Popovic
CEO
RE
Rhythm Energy
This startup offers fixed-rate renewable energy plans for Texas residents, enabling them to reduce electricity bills and carbon footprints. They also provide buyback plans for surplus electricity generated by customers' existing solar panels.
- Applications
- Clean Technology
- Energy
- Software Only
- Utilities
Updated 6 months ago
Funding
Funding rounds are not available yet.
Founders
Product
Problem
Texas residents face a complex and often confusing electricity market with fluctuating rates, hidden fees, and a lack of transparency, making it difficult to choose the best plan for their needs. Furthermore, many consumers are seeking ways to reduce their carbon footprint and support renewable energy sources.
Solution
Rhythm provides Texas residents with straightforward, fixed-rate electricity plans powered by 100% renewable energy sources, including wind and solar. The company offers a variety of plans to suit different lifestyles and energy needs, including time-of-use plans that reward customers for shifting their energy consumption to off-peak hours. For customers with existing solar panels, Rhythm offers a solar buyback program that provides bill credits for excess energy generated and fed back into the grid.
Target Audience
Rhythm's primary customers are Texas homeowners and renters who are seeking affordable, reliable, and environmentally friendly electricity plans with transparent pricing and excellent customer service. The company also targets EV owners and customers with existing solar panel installations.
Features
- 100% renewable energy plans powered by Texas wind and solar resources
- Fixed-rate plans with transparent pricing and no hidden fees
- Time-of-use plans (PowerShift) that incentivize shifting energy usage to off-peak hours for lower rates
- Solar buyback program that credits customers for excess solar energy sent back to the grid
- Digital Discount plans that offer monthly credits for enrolling in Auto Pay and Paperless billing
- Demand response programs (Peak Payback) that reward customers for connecting smart thermostats and conserving energy during peak demand
- Integration with smart home devices, including Amazon and Honeywell Smart Thermostats
- Mobile app for easy account management and energy usage tracking
- 30-day test drive allowing customers to switch plans or cancel without penalty