Perch connects renters, homeowners, and small‑to‑medium businesses to local community solar farms, letting them subscribe to a share of the farm’s output without installing panels. The platform automates enrollment, bill verification, and payment processing, delivering a 5‑15% discount (up to 25% for low‑income households) directly on utility bills while supplying clean power to the grid.
Funding
$30M 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.
NFounders
Product
Problem
Many renters, homeowners, and businesses cannot install rooftop solar panels due to property restrictions, high upfront costs, or lack of technical expertise, leaving them with higher electricity bills and limited access to clean energy.
Solution
Perch provides a platform that connects customers to locally owned community solar farms, allowing them to subscribe to a share of the farm’s output without installing panels on their property. Subscribers receive a discount on their utility bill proportional to the solar generation attributed to their share, typically 5‑15% and up to 25% for low‑income households. The service automates enrollment, bill verification, and payment processing, delivering savings directly to the customer’s electric bill while contributing clean power to the grid. Perch also offers options to upgrade to 100% renewable electricity and supports businesses in meeting sustainability goals. Solar farm owners benefit from Perch’s customer acquisition and lifecycle management tools, streamlining subscription handling and expanding project financing.
Target Audience
Primary customers are renters, homeowners, and small‑to‑medium businesses seeking lower electricity costs and renewable energy access without installing rooftop panels.
Features
- Subscription matching to nearby community solar farms based on zip code and utility provider
- Automated bill analysis and discount application integrated with customers’ utility accounts
- Flexible plans including partial‑solar discounts and full‑green energy upgrades
- Secure data handling with TLS encryption for all communications and personal information
- Dashboard for businesses and solar developers to monitor subscription metrics and project performance
- No upfront equipment costs, zero‑interest financing options, and free cancellation with no fees