Have you ever felt as though your energy provider doesn’t cater to your specific needs? Like no matter who you go with, the crux of their business models are all the same? That’s where solar energy company DC Power Co come in. They’re all about changing up the power game in a big way and the most exciting part is, they want you to be involved.
When I spoke to Emma Jenkin, one of the four founders of DC Power Co, I asked her to explain the company in one sentence. Here’s what she said: “We’re creating a new electricity retailer focused on providing a better service to help households save money.”
No matter who you are, the idea of being able to save money on your energy bill is undoubtedly a welcome one.
DC Power Co aims to build the power company of the future; one that is designed to empower those of us who use solar and reward us with more transparent bills, better feed-in tariffs, genuine guidance on how to get more out of our solar and wholesale top-up prices for when we need a little extra from the grid.
It's the first Australian energy retailer with a solar focus. And they're inviting us to be part of the revolution. For $50, people can own shares in the company, giving you a say in how it's run and allows you to share the profits. Aside from saving money, by becoming a stakeholder through their crowdsourced equity funding campaign, you're also investing in finding a more sustainable way for households to help the environment.
Need it explained a little more? So did we, so Jenkin answered all of our questions:
How is DC Power Co different to a traditional energy retailer?
“Households need a new model because the current model is all about selling you more energy. The traditional model makes more the more they sell you," Jenkin told Mamamia. "For solar households who generate their own electricity, your needs are completely at odds with this business model. Our business model is setup to be indifferent to how much you use so we can help you optimise which is how we save you money. That’s the fundamental difference.”
Do I need to already have solar panels installed to be a DC Power Co customer?
"No, you don't," Jenkin told us. "We will be a full electricity company. We call ourselves a solar-focused service company and that’s because when you’re solar you need more than just someone giving you electricity and that’s the transition that’s already started."