In the media -
Elvy rolls out its energy subscription in hundreds of Swedish households
The energy challenger is chasing homeowners.
Elvy has rolled out its energy subscription in hundreds of Swedish households and expects to turn over around 300 million kronor this year alone.
The company is now hard at work borrowing 5 billion kronor to keep expanding, according to information given to Di.
The energy subscription bundles a heat pump, solar panels and a battery into a fixed monthly cost – Elvy owns and operates the equipment, so the homeowner avoids both the upfront investment and the hassle.
“it has moved at a furious pace.”
Keep readingMore of what we're up to
- In the media -
Flat-rate energy startup Elvy raises €500m to fuel European expansion
The Swedish startup is looking to enter eastern Europe with the help of major partnerships.
- In the media -
Elvy raises SEK 5.5 billion for its solution
Sweden's Elvy, which offers households an energy subscription, confirms earlier reports to Di and is raising SEK 5.5 billion in debt financing.
- In the media -
Sifted spotlights Elvy: Swedish startup more than doubles its customer base in three months
The company takes care of every part of the home's energy system - from installing and maintaining solar panels, heat pumps and batteries to grid optimisation.
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Homeowners no longer manage their own power and heat. They decided they had better things to do.
Curious to do the same?