Inspire and Shell Energy North America venture into Multi-Year strategic Relationship

Consumer technology company, Inspire emphasized on enabling everyone to have a smart home powered by Clean Energy declared that it has ventured into  a multi-year strategic relationship with Shell Energy North America. Under the arrangement, Shell will provide Inspire with a broad range of services to support the company’s aggressive expansion plans over the next several years, including a credit line for trading and a revolving credit facility. The new arrangement comes on the heels of Shell’s recent commitment to increase its development of new energies, spending up to $2 billion a year until 2020.

Patrick Maloney, founder and CEO of Inspire said “We have rapidly grown with this mission in mind, with the goal of inspiring as many people as we can to power their homes with clean energy. Our planet needs it, our future generations depend on it, and this strategic arrangement with Shell will help us get there faster.”

Inspire’s proprietary product is a personalized, monthly subscription that includes an integrated smart home experience, energy management services, and 100% clean energy, with no upfront costs. Through the Inspire mobile app, members can track energy use, control their smart home devices, and gain intelligent insights into their homes’ performance. Because the cleanest form of energy is the kind people don’t use, Inspire’s new Rewards Program is designed to unlock rewards within the app and pay members when they use less.

Glenn Wright, President of Shell Energy North America said “We are excited to be working with Inspire to help achieve our common goal of creating a more sustainable energy future.”

 

 

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