Atomico backs Tem to help businesses buy renewable energy directly from sources

Quick Summary:

Aside from big energy and the incumbent wholesale market, a number of younger companies have emerged to tackle this very problem.

McDonald did note, though, that energy prices are usually at least 10% cheaper than what they would be on the wholesale market, and can be as much as 25% lower.

The company provides its own pricing and billing system, customer service, as well as an interface through which customers can select their renewable energy priorities, preferred contract length, and see data related to power consumption and where their energy originates.

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Article Details

Author / Journalist: Paul Sawers

Category: Technology

Markets: United StatesChinaGermany

Topics: Climate Atomico Startups TEM Energy TEM Fundraising Renewable power

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-11 @ 11:43:00 (13 hours ago)

News Timezone: GMT -5:00

News Source URL: techcrunch.com

Language: English

Article Length: 1045 words

Reading Time: 6 minutes read

Sentences: 57 lines

Sentence Length: 19 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © TechCrunch

News ID: 22458940

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