Who are Rebel Energy?
Rebel Energy is a start-up company that plans to use digital processes and automation to keep costs low and eliminate fuel poverty. They have partnered with Blue Prism, a software company, to achieve this.
They don’t aim to be just an energy supply company. Rebel Energy also plan to offer electric vehicles, solar panels and tools to make a more energy efficient connected home.
In addition to being an environmentally friendly energy supplier, they are also aiming to be a socially responsible energy supplier.
Who owns/runs Rebel Energy?
Rebel Energy’s founders are Dan Bates, who spent 18 years at British Petroleum working up from an entry level position to a senior role, and Penelope Hope, who has worked with a number of start-up companies over the years.
The company used crowdfunding to fund their start-up costs and they achieved 157% of their funding target within just seven days. They plan to start supplying electricity to customers at some point during 2021.
What makes Rebel Energy different?
Whereas many energy suppliers make a big thing about their commitment to renewable energy, Rebel Energy are planning to go one further and are applying for B Corporation certification.
B Corporation certification will place a legal requirement on Rebel Energy to ensure that they consider the impact their business decisions have on their stakeholders. The doesn’t just mean that they will need to act in an environmentally friendly manner. They will also need to consider their impact on their customers, their employees, their suppliers and society in general.
Essentially, a business with B Corporation certification is similar to a social enterprise, with the only difference being the fact that a business with B Corporation certification is also aiming to make a profit whereas a social enterprise will be operating on a non-for-profit basis.
Certification is managed by B Lab, a not-for-profit organisation. Currently, the only other UK energy supplier with B Corporation certification is Bulb.
Will they supply green energy?
Their electricity is generated via UK wind, solar and hydro farms. This means that it is 100% renewable.
Unlike other energy suppliers, the will not use carbon offsetting to “greenwash” their energy. They will, however, fund carbon reduction initiatives, biodiversity projects and projects that benefit communities through their Restoration Fund.
They will not be supplying gas.
What tariffs will they offer?
They have yet to announce their tariffs. But unlike other energy suppliers they will be offering payment via weekly – rather than monthly – direct debit. This is to help their low-income customers manage their budgets better.
Even though they are aiming to be socially responsible, they claim their tariffs will still be competitive because they will be using superior business processes to keep their costs low.
Are there any early Rebel Energy reviews?
Their innovative business model has meant that it has attracted the interest of the media and there are a number of online features discussing the company’s plans, including interviews with the founders.
However, because Rebel Energy has yet to start trading there are no customer reviews available at the moment, and Which? and Citizen’s Advice do not have sufficient data to rate them.
Can I join Rebel Energy now?
Rebel Energy plan to start supplying energy at some point in 2021. You cannot switch to them at the moment, but you can sign up for notifications on their website or follow them on social media.