the energy industry never wanted to make it simple for you. so we built the world's first energy subscription.
Where we stand todayBriefly, in numbers
1000+
Homes with Elvy
5.5BN
in financing for installations
50+
Employees
Our storyStarted 2023
2023 aug
Elvy is founded
2024 sep
Energy subscription launches
2024 dec
100 customers
2025 feb
SEK 1.7bn for installations
2025 dec
SEK 5.5bn for installations
2026 feb
1,000 customers
Our mission
good energy should be boring. so boring you forget you have it. that's the whole point.
We're the energy company, so you don't have to be
A house with solar panels, a heat pump and a battery is really a small power plant. It has to be installed, then run, hour after hour. That's our job now, not yours. You pay a fixed price each month and live in a home that works. Whatever the spot price gets up to tonight, you never need to know.
Your house makes its own clean power and draws less from the grid
The solar panels make power during the day. The battery stores it for the evening. What you use at home you don't have to buy from the grid, and what you make yourself is clean. The more the house handles on its own, the less coal and gas somewhere else. You live exactly as before and notice no difference. The climate upside comes for free.
We're rebuilding how Sweden gets its power, one home at a time
The energy system of the future grows from the bottom up. Thousands of ordinary houses that make their own power, store it in a battery and send the surplus back out to the grid. A house like that makes the grid a little steadier for the neighbours. We're up to the first thousand. The goal is bigger: a Sweden where homes carry a real share of the system, and where it holds even on a cold night in February.
A letter from the founders
Think about everything that has got better over the past decade. Phones, cars, banking, how we watch, shop and travel. Now think about your energy. It has become more expensive, more complicated and harder to control. Elvy is built to change that.
I grew up in Sweden, where we are supposed to have some of the world's best energy. Then I watched the winter of 2022 send electricity bills soaring and force families to nervously check the spot price before they dared turn on the oven. Somewhere along the way, energy became a second job: bills, meters, contracts, price alerts. No one should have to think that much about their electricity. We built Elvy so you don't have to.
When I met my co-founder David Wedar, we agreed on one thing: energy should be simple. Not cheaper in the fine print, not greener in a brochure, but genuinely simple to live with. The team we have built comes from the likes of CERN, Google, Klarna, Einride and Microsoft, and they are here because your home energy is the next thing that should just work.
Everything we build comes from the same idea: one bill, every month, that you never have to think about. No spot-price roulette, no surprises, no homework. We handle the complicated part, because that is our job, not yours.
One bill a month you never have to think about.
Johan Outinen
CEO and founder, Elvy
What our 1000+ customers say
The honest detailsIf you want them
- About Elvy
How does Elvy make money?
Elvy earns from the subscription, not from selling a gadget. You pay a fixed fee, Elvy owns the equipment and profits by running it better than you would.
- About Elvy
Price fixed for fifteen years. Only the CPI moves it
The price is fixed for fifteen years, moved yearly by the consumer price index, never the spot price. What the market does tonight doesn't touch your bill.
- About Elvy
Operating guarantee: what happens if something breaks
With Elvy's operating guarantee you never pay for a repair during the contract period. Here's what is included and what happens in the cases you worry about.
- About Elvy
What happens to the subscription if I sell the house?
If you sell the house, you're not stuck. The subscription is transferable and passes to the next owner as part of the purchase. Or you buy the system out.
0+
Homeowners no longer manage their own power and heat. They decided they had better things to do.
Curious to do the same?