Órigo Energia provides access to solar energy through a shared distributed generation model, allowing customers to benefit from renewable energy without the need for on-site solar panel installation. This approach addresses high electricity costs by enabling users to save on their energy bills while promoting sustainable energy consumption.
Funding
$400M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Many homes and businesses face high electricity costs, hindering their financial stability and competitiveness. Traditional solar energy solutions require on-site installation of solar panels, creating barriers to entry such as high upfront costs, installation complexities, and aesthetic concerns, especially for renters or those in shared living spaces.
Solution
Órigo Energia provides a distributed generation model that allows residential and commercial customers to access solar energy without installing physical panels. Through a subscription-based service, customers receive credits from Órigo's network of solar farms, which are then applied to their existing utility bills, resulting in cost savings. Órigo manages the solar energy generation and distribution, while customers benefit from reduced energy expenses and contribute to sustainable energy consumption without upfront investment or installation hassles. Customers can easily simulate potential savings online by inputting their location and average electricity bill amount.
Target Audience
Órigo Energia targets residential and commercial customers seeking to lower their electricity costs and support renewable energy adoption, particularly those who cannot or prefer not to install on-site solar panels.
Features
- Access to solar energy without the need for on-site panel installation
- Distributed generation model utilizing a network of solar farms
- Subscription-based service providing energy credits applied to existing utility bills
- Online simulation tool for estimating potential cost savings
- Management of solar energy generation and distribution handled by Órigo
- "Clube Órigo" rewards program allowing customers to earn points by referring new customers, which can be redeemed for discounts or other rewards
- Mobile app and customer portal for account management and monitoring energy usage