Slashing CO2Own your energy.
Big Picture
Over a quarter of Europe’s power supply comes from natural gas. In the UK, the figure is closer to half. Hotter summers, colder winters, and a petro-funded land war have all converged to push Europe’s power prices far past previous records. The weight of these prices has pushed multiple energy providers in the UK and Europe to collapse, leaving millions with little option in choosing their suppliers.
How it Works
Fuse is a full-stack energy company, from renewable asset development to power retailer. This means they can pass along the upside of energy savings directly to their customers, aligning incentives for the adoption of smart panels, batteries, and rooftop solar. They’ve built the most affordable, easiest to use consumer and commercial energy experience in the UK, and it’s coming to a market near you.
Unfair Advantage
Fuse arbitrages the low cost of renewable power and the high cost of retail power to offer consumers commission-free clean energy that saves them money on energy bills. Their model creates a virtuous flywheel of more clean energy and lower prices: with more demand for their clean energy, Fuse can fund more power capacity additions to the network and further reduce costs.
100
Percent of profits
reinvested into low-cost renewables
ALAN CHANG CEO & CO-FOUNDER
Alan was Chief Revenue Office, SVP of Operations, and employee #5 at UK neobank Revolut, now worth $33b.
CHARLES ORR COO & CO-FOUNDER
Charles led special projects at UK Revolut. He previously graduated top of his class at University College London.
Fuse Energy launches new UK supplier with lowest electricity prices
Bloomberg
Fuse (fka Tesseract) raises $78 million to help consumers in Europe lower energy bills
Impact Alpha