Perch Energy
Perch Energy is a Boston-based clean energy platform that manages community solar subscriptions for over 500,000 household equivalents across 1,000+ projects in 16 U.S. states, earning revenue from solar farm owners for subscriber acquisition and ongoing management services.
- Company typePrivate
- Founded2022
- HeadquartersBoston, United States
- Headcount51–100
- GTM typeB2B and B2C
- OfferingServices
What Perch Energy does
Perch Energy is a Boston-based clean energy platform that operates as a managed services provider for the U.S. community solar market. Founded in 2021, the company connects utility customers—including renters, homeowners, condo owners, and small-to-medium businesses—to community solar farms in their state, enabling participation in solar energy programs without rooftop installations or upfront capital expenditure. Its subscriber base exceeds 500,000 household equivalents across more than 1,000 managed solar projects spanning 16 states, with a combined portfolio capacity of over 3 GW following the February 2026 acquisition of Solstice.
The company's core product is a digital community solar platform that handles subscriber acquisition, utility account integration, energy crediting, billing reconciliation, and ongoing account management. The platform is delivered through a direct-to-consumer self-service website with an interactive savings calculator, supplemented by a partnership channel with Nuveen that leverages the investor's affordable housing portfolio to reach low-to-moderate-income households eligible for enhanced savings of up to 25%. On the B2B side, Perch provides subscriber acquisition and management services to solar farm owners and developers, functioning as a platform layer over distributed solar assets rather than directly owning generation capacity.
Perch earns revenue by charging solar farm owners for subscriber acquisition and ongoing portfolio management, not from end consumers who enroll at no cost. Growth has been funded through approximately $43.8 million in disclosed venture capital across a 2021 seed round, a 2022 Series A led by Arborview Capital, and a 2023 Series B led by Nuveen, with additional scale acquired through the March 2025 merger of its community solar business with Arcadia and the February 2026 acquisition of Solstice from Mitsui subsidiary MyPower Corp. The combined entity positions Perch as the largest pure-play community solar acquisition and management platform in the United States.
Perch Energy firmographics
Firmographics- Name
- Perch Energy
- Legal name
- Perch Energy
- Website
- https://perchenergy.com
- Company type
- Private
- Founded year
- 2022
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- Perch Energy is a Boston-based clean energy platform that manages community solar subscriptions for over 500,000 household equivalents across 1,000+ projects in 16 U.S. states, earning revenue from solar farm owners for subscriber acquisition and ongoing management services.
- Ownership category
- akta.pro rank
Perch Energy industry classification
Industry- Product category
- Community Solar Services
- NAICS
- Solar Electric Power Generation (221114), Electric Power Generation, Transmission and Distribution (2211)
- SIC
- Electric Services (4911), Cogeneration Services & Small Power Producers (4991)
- akta.pro primary industry
- Community Solar Development & Subscription Management (EUAMAJAA)
- akta.pro secondary industries
- Solar Project Development & IPP (Utility-Scale & Rooftop) (EUAMABAA), Distributed Generation (DG) Solar & Small Wind (EUAMAJAD)
Keywords
Where Perch Energy is headquartered
LocationHeadquarters
- HQ city
- Boston
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Perch Energy business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Personnel, Technology or R&D, Marketing or Sales, Operations, Infrastructure
Revenue model
- Solar Farm Owner Management Services: Perch generates revenue by charging solar farm owners for subscriber acquisition and ongoing management services. The company helps bring on subscribers and manages community solar service, crediting, billing, and customer support for the duration of subscriptions.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Monthly | Standard Community Solar Subscription - 5%-15% savings |
| Subscription | Monthly | Low-Income Household Subscriptions - up to 25% savings |
Go-to-market motion2 records
Distribution channels3 records
Marketing channels5 records
Perch Energy product offering
Product offeringCore offering
Perch Energy operates a community solar management platform that enrolls residential and business subscribers into shared solar farms without requiring rooftop installation, then delivers electricity bill credits and savings of 5-15% (up to 25% for low-to-moderate income households). On the B2B side, Perch charges solar farm owners and developers for subscriber acquisition, utility billing integration, energy crediting, and ongoing subscriber account management services across more than 1,000 community solar projects in 16 states.
Product overview
Perch Energy operates a unified community solar platform that connects utility customers (renters, homeowners, and businesses) to local solar farms through their state's community solar program. The core Community Solar Platform handles subscriber enrollment, utility account integration, billing credit delivery, and ongoing account management. The platform includes an integrated Savings Calculator tool to estimate potential savings. The company has expanded through strategic acquisitions, including absorbing Solstice's portfolio of 550 MW of solar projects and merging its community solar business with Arcadia's. The platform serves over 430,000 residential customer equivalents across 1,000+ projects in 16 states, managing over 3 GW of combined solar capacity.
Differentiator
Problem solved
Functional benefit
Products and services
- Perch Community Solar Subscription
- Solar Farm Subscriber Acquisition and Management Services
- Solstice Affordable Housing Solar Program
- Arcadia Distributed Energy Platform
Quantifiable outcome
- 5%-15% reduction in electricity bills for standard subscribers
- +3 more outcomes
Companies that use Perch Energy
Customer profileNamed customers4 records
Segments3 records
Ideal customer profiles4 records
Perch Energy technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration1 record
Feature2 records
Perch Energy partnerships and signals
Strategic signalPartnerships
Two partnerships are on record, tiered core.
- Solstice (MyPower Corp., a Mitsui subsidiary)corePerch Energy acquired Solstice, a community solar customer acquisition and management service provider formerly owned by MyPower Corp., a wholly-owned subsidiary of Mitsui & Co. The deal established Perch as the largest pure-play community solar acquisition and management platform in the U.S., adding 550 MW of solar projects to the portfolio.
- ArcadiacorePerch Energy and Arcadia merged their community solar businesses to form a new venture with backing from private equity. The merger consolidated market positions and streamlined operations in the renewable energy sector, representing Perch's first significant transaction in 12 months.
Scale indicators6 records
Recent moves5 records
Expansion highlights5 records
Perch Energy competitors and assessment
Company assessmentDirect peers
- Arcadia: Direct peer in community solar subscription management and broader clean energy data platform. Perch and Arcadia merged their community solar businesses in March 2025, making Arcadia both a former competitor and now a combined-entity partner with overlapping subscriber management technology.
- Uplight: Energy management platform serving utilities and energy providers with customer engagement, DER orchestration, and subscription billing. Comparable to Perch in serving the clean energy customer lifecycle, though Uplight focuses more broadly across utility programs beyond community solar.
- Nexamp: One of the largest community solar developers and operators in the U.S., directly competing with Perch for community solar subscribers and project management mandates. Nexamp owns and operates projects across multiple states, mirroring Perch's geographic expansion.
- Sunwealth: Community solar financier and project owner with a focus on underserved and LMI subscribers. Comparable to Perch's mission-aligned, LMI-focused subscriber acquisition model, though Sunwealth is smaller in scale and primarily an investor rather than a platform operator.
- DSD Renewables: Community solar and distributed generation developer with in-house subscriber acquisition and management capabilities. Competes with Perch on both B2B project services and indirectly for subscribers in overlapping Northeast and Mid-Atlantic markets.
Emerging players
- GridPoint: Energy management and submetering platform for commercial buildings with adjacent sustainability offerings. While focused on commercial customers and energy intelligence, GridPoint represents the broader category of clean energy software platforms competing for similar utility and B2B relationships.
- EnergySage: Solar and clean energy marketplace where consumers compare rooftop solar, batteries, and increasingly community solar options. Overlaps with Perch in the top-of-funnel consumer education and solar decision journey, particularly as EnergySage expands its community solar offerings.
Broad incumbents
- Sunrun: Largest U.S. residential rooftop solar installer with a subscription/lease model. Competes for the same end-customer wallet share (residential clean energy savings) that Perch addresses through community solar, particularly among homeowners who could alternatively install rooftop.
- Clearway Energy Group: Large-scale renewable energy developer and owner with utility-scale and community solar assets. While not a platform peer, Clearway represents one type of solar farm owner that could be a Perch customer for subscriber acquisition and management services.
Others
- Generate Capital: Specialty financier of distributed energy and community solar projects. Functions as a capital provider and potential partner for Perch in funding project pipelines and as a B2B counterparty, rather than a direct platform competitor.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
Perch Energy social profiles
Digital presencePerch Energy financial estimates
Financial estimateRevenue estimate
Valuation estimate
Perch Energy leadership team
Management profileNumber of profiles
Profiles2 records
Perch Energy subsidiaries and ownership
Company hierarchySubsidiaries1 record
Perch Energy funding detail
Funding detailFunding overview
Funding rounds3 records
Investors2 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Perch Energy M&A and investment
M&A and investmentM&A1 record
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Perch Energy
What does Perch Energy do?
Perch Energy operates a community solar management platform that enrolls residential and business subscribers into shared solar farms without requiring rooftop installation, then delivers electricity bill credits and savings of 5-15% (up to 25% for low-to-moderate income households). On the B2B side, Perch charges solar farm owners and developers for subscriber acquisition, utility billing integration, energy crediting, and ongoing subscriber account management services across more than 1,000 community solar projects in 16 states.
Is Perch Energy a public or private company?
Perch Energy is a private company. It is classified as venture growth investor backed and is currently operating.
When was Perch Energy founded?
Perch Energy was founded in 2022. It employs 51 to 100 people.
Where is Perch Energy based?
Perch Energy is headquartered in Boston, United States, in the North America region.
How does Perch Energy make money?
One revenue line is on record: solar Farm Owner Management Services.
Who are Perch Energy's main competitors?
Direct peers on record are Arcadia, Uplight, Nexamp, Sunwealth and DSD Renewables. Emerging players are GridPoint and EnergySage. Broad incumbents are Sunrun and Clearway Energy Group. Generate Capital is listed as an others.
Does Perch Energy have an API?
No public API is recorded for Perch Energy.
What industry is Perch Energy in?
Perch Energy's product category is Community Solar Services. Its primary akta.pro industry code is EUAMAJAA, Community Solar Development & Subscription Management, with a secondary code of EUAMABAA, Solar Project Development & IPP (Utility-Scale & Rooftop). Its NAICS code is 221114 and its SIC code is 4911.