Bringing Affordable and Sustainable Energy to the UK: Introducing Fuse??

Introduction:

Hello everyone, I'm Alan Chang, the CEO of Fuse. I'm excited to share the incredible journey we've embarked on to revolutionise the energy market in the UK. As former Revoluter #5, I witnessed the power of disruption and innovation in banking, and now, alongside my co-founder Charles Orr, we are bringing that same energy and passion to Fuse.

Fighting the Cost of Living Crisis:

Soaring prices are burdening households across the UK. In this context, we are proud to announce the launch of the country's cheapest electricity tariff. We believe that affordable electricity should be a basic right, not a luxury. At Fuse, we're on a mission to make that a reality.

From Tesseract to Fuse:

You may have known us as Tesseract, but we've undergone a transformation. Today, we introduce ourselves as Fuse. This new identity represents our fusion of cutting-edge technology, renewable energy, and a customer-centric approach.

Taking Control with Vertically-Integrated Solutions:

At Fuse, we've taken a bold step by adopting a 'cut out the middleman' model. This means that we own and operate our own solar and wind farms, allowing us to bypass unnecessary costs and deliver electricity directly to our customers at unbeatable prices. We've embraced vertical integration, empowering us to ensure transparency, reliability, and efficiency throughout the supply chain.

Putting the Power in Your Hands:

We understand that simply offering lower bills isn't enough. That's why we're building an energy super app that gives you full control over your energy consumption. With real-time usage data and bills at your fingertips, you can make informed decisions, contribute to a greener environment, and ultimately reduce your energy costs. Our goal is to empower you through technology.

Loyalty and Simplicity:

We value your loyalty and want to reward you for choosing Fuse. That's why we're introducing perks like free electricity on your birthday and instant chat support available every day. We're also committed to making your life easier. When you move to a new house or flat, you can retain your Fuse account instead of closing and opening a new account from scratch. No more hassle or paperwork. Switching to Fuse is as simple as a few taps on our mobile app.

Investing in a Sustainable Future:

At Fuse, sustainability is at the core of our business. We recently acquired two solar farms, Netley North in Southampton and Bullous Park in Exeter, adding to our existing Balnamoon wind farm in Scotland. With a total of 18 MW of renewable energy already in operation, we also have over 100 MW being built in the coming years. And here's the best part: we reinvest 100% of our profits into building more renewable energy projects. We are committed to building a cleaner and greener future for generations to come.

Game-Changing Solutions for Businesses:

But our vision extends beyond residential customers. We're launching a game-changing solar Power Purchase Agreement (PPA) for businesses. Our rooftop solar installations offer the cheapest commercial solar PPA in the UK, with zero upfront costs. By helping businesses combat high inflation, one lower electricity bill at a time, we aim to drive economic growth while reducing carbon emissions.

Looking Beyond the UK:

We are not confined to the UK alone. The energy challenges faced by consumers across the world resonate with our mission. That's why we're setting our sights on US & European expansion, ensuring that our vision of affordable and sustainable energy reaches beyond borders. If you are interested in turning this vision into a reality, check out our roles here.

Support from Leading Investors:

We're fortunate to have the support of leading investors who share our vision. Balderton Capital, Lakestar, Accel, Lowercarbon Capital, Creandum, Ribbit, and Sustainability Entrepreneur & 2016 Formula 1 World Champion Nico Rosberg believe in our mission and have backed us with their investments. Additionally, we're privileged to have Dermot Nolan, former CEO of Ofgem, as an advisor. Their support and expertise have been invaluable on our journey.

Join us as we shape a brighter future—one household at a time.

Alan Chang?

CEO of Fuse