- Acquired by Choose Energy on September 30, 2013
- Funding Received
- $1.6 Million in 3 Rounds from 5 Investors
- Chicago, IL
- Power2Switch is an online service enabling users to lower their electric bills by comparing energy suppliers and accessing renewable energy.
- Startups, Price Comparison, Internet, Clean Energy, Portals, Energy, Clean Technology
Power2Switch is a free online resource that helps residents and businesses lower their electric bills by enabling customers to search, switch, and save on electricity supply prices from multiple energy suppliers and also gain access to renewable energy. The site is currently operational in Illinois and Texas, and is launching in other deregulated states in the coming months.
Power2Switch technology makes the switching process seamless for the consumer (cutting process time from weeks to hours), automated for the supplier (contract completion is easier online), and provides analytics to increase supplier efficiency in pricing.
Funding Rounds (3) - $1.6MUpdate
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