Heva Energy is a B2B fintech platform that helps companies offer employees discounted clean energy options. It integrates with existing payroll systems to facilitate direct deductions, making low-carbon energy more accessible and affordable for employees.
Funding
Funding not disclosed
Founders
Product
Problem
Many employees face high upfront costs and complex financing options when trying to adopt renewable energy solutions like solar panels, batteries, and EV chargers for their homes. This financial barrier prevents widespread adoption of clean energy and limits employees' ability to reduce their carbon footprint and energy bills.
Solution
Heva Energy offers a B2B fintech platform that enables companies to provide renewable energy assets to their employees through a salary sacrifice scheme. This allows employees to acquire solar panels, battery storage, and EV chargers with significant savings by paying from their pre-tax salary. Heva Energy provides a turnkey solution that includes system design, financing, installation, and ongoing asset management, ensuring a hassle-free experience for both employers and employees. The platform integrates with existing payroll systems to facilitate direct deductions and ensures HMRC compliance, mitigating the risk of tax penalties.
Target Audience
Heva Energy targets companies looking to enhance their employee benefits package, reduce their Scope 3 carbon emissions, and promote sustainable practices, as well as employees interested in adopting renewable energy solutions for their homes.
Features
- Salary sacrifice scheme for employees to acquire renewable energy assets, reducing the upfront cost by up to 40%
- Turnkey solution covering financing, installation, asset management, and maintenance
- Integration with existing payroll systems for seamless direct deductions
- HMRC compliance to ensure adherence to tax regulations
- System design assistance to help employees select the most suitable system for their homes
- 24/7 remote monitoring of assets with fault resolution within 21 days
- Partnerships with manufacturers such as Tesla and myEnergi
- Option to participate in flex markets to generate revenue from solar energy