Tibber

Tibber is a digital energy company that provides smart solutions to help consumers manage and reduce their electricity consumption. The company's key offering is the Tibber app, which enables users to buy renewable energy at wholesale prices while gaining real-time visibility into pricing, analytics, and an overview of their home's electricity consumption. Tibber's business model is unique in that it does not profit from customers' energy consumption. Instead, it charges a monthly subscription fee for its services.

The Tibber app integrates with various smart home devices, allowing users to monitor and control their energy usage. It can analyze data from connected devices, weather forecasts, and hourly energy rates to optimize heating and charging schedules for electric vehicles. This intelligent system helps customers shift their consumption to periods when electricity is cheaper and the energy mix is more renewable.

Tibber's solutions contribute to reducing residential energy consumption across Europe, with the goal of achieving an average 20% reduction for 10 million European households by 2025. The company has experienced significant growth, increasing its customer base from 120,000 to over 400,000 in 2021 alone.

Key customers and partnerships

In June 2024, Tibber reported having around 500,000 customers across Norway, Sweden, the Netherlands, and Germany, directly impacting their ability to manage electricity consumption effectively. The company has also formed notable partnerships to enhance its offerings and expand its reach.

In March 2022, Tibber announced a partnership with Summa Equity, a European impact fund focused on sustainability. This collaboration aims to accelerate product development and expand Tibber's presence across Europe, particularly in the Netherlands.

Additionally, Tibber has integrated with various smart home device manufacturers, such as Easee (electric vehicle chargers), Ngenic (smart thermostats), and Sensibo (air conditioning controllers), allowing seamless integration of their products with the Tibber app.