Powur.com is a new direct marketing company that aims to take advantage of the fast-growing world of solar power.
Find out if Powur.com is worth your time and money today in our review.
Actually before we light up some truth about solar and Powur, nothing more needs to be discussed or debated until you watch this gem of a golden nugget message.
Let’s review all of the brief benefits of this business opportunity with solar panels and solar energy home installation.
- No inventory to buy
- No monthly product purchase requirement
- People already buy the product (electricity) — we simply provide clean, renewable, solar electricity at a lower cost.
- Powerful mission! We convert sunlight into pure energy with crystals, mitigating climate change and giving power back to the people.
- $100 billion dollar market with less than 1% market penetration.
- Huge commissions. Most commissions on consumer products are around $25 – $50. With Powur, a $500 commission is paid to you and the network on each home that upgrades to solar (and you never had to buy the product to resell).
- Upside of a start-up with the backing of a $5B publicly traded company run by Elon Musk (how cool is that). I like being in business with the person who founded Tesla, SpaceX, and co-founded PayPal.
What is Powur?
Powur is a solar panel distributor that uses a direct marketing structure to sell solar energy products directly to consumers. The goal of Powur is to distribute clean energy to homes across America while giving entrepreneurs a new business opportunity.
Powur claims to be the first public benefit corporation (classified as a “B-corp”) to exist in the direct marketing industry.
At Powur.com, you’ll learn about how solar energy is a business just waiting to explode all across America. Some of the key facts presented on the website include:
-The Department of Energy estimates that two thirds of American homes will be able to access solar power more cheaply than any other energy source by 2015
-Every 3 minutes, a new American homeowner installs solar panels on their roof
-More solar panels have been installed in the last 18 months than the previous 30 years
-Over 23,000 new jobs were added to the solar industry in 2013, which is a 10 times faster growth rate than the national average
-Currently, less than 1% of U.S. homes have solar panels installed. Analysts estimate there’s an opportunity to install solar panels on as many as 48 million homes across America, which could generate $100 billion annually for the industry
Ultimately, Powur presents all of these facts while reiterating that the cost of solar panels gets lower every year while the cost of traditional electricity gets higher. By jumping into this industry early, you may be able to enjoy a powerful business opportunity.
Powur is affiliated with a company called SolarCity that installs solar panels all across America. You’ll learn more about SolarCity below.
What Does Powur Sell?
Powur uses a peer-to-peer marketing model to sell solar electricity.
You sign up for the company for free, then share the Powur opportunity with your friends and family. The more clean energy you create, the more money you’ll earn.
Essentially, you’re convincing people to sign up for a contract with a solar panel installation company called SolarCity. Powur doesn’t directly sell solar electricity. It has partnered with SolarCity in order to reach more customers.
SolarCity works a little differently from traditional solar panel installation companies. The company provides $0 down financing with no installation costs or maintenance fees. SolarCity purchases the system, installs it on your roof, monitors the performance of that system, and then performs any repairs and maintenance as required. You pay for any electricity produced by your system.
SolarCity claims to be America’s most popular residential solar company and has installed networks on 168,000 homes across America.
When you work with Powur, you’re convincing people to purchase a SolarCity installation. To do that, you’ll need to convince them of the benefits of solar energy. The most important benefit to most homeowners is cost savings. Here’s what Powur.com has to say about the cost savings of SolarCity’s solar panels:
“How much you’ll save will be specific to you. You save when you pay a rate for electricity lower than what you pay to your utility. Every time your utility raises rates, your solar rates will still be locked in. If utility rates continue to increase as they have historically, the average SolarCity customer is expected to save thousands on electricity bills over the life of the SolarCity agreement.”
In other words, Powur doesn’t describe specific rate information. It does, however, claim that traditional energy costs have risen by over 500% since 1971, while the cost of solar energy has dropped by 250% in the last two decades.
If these pricing trends continue, then you should be able to save thousands of dollars on your electricity bill over the course of your SolarCity contract.
Where Is Powur Available?
Powur is currently available in 16 states, including many states in the Sun Belt and other high population states.
Current Powur states include: Arizona, Connecticut, Massachusetts, New Jersey, California, Hawaii, Nevada, Oregon, Colorado, Delaware, Maryland, New York, Pennsylvania, Texas, New Mexico, New Hampshire, and Washington D.C.
How to Sign Up for Powur
Powur is a referral-only private network currently in beta. According to the official website, the company is “not issuing invitation codes.”
You can, however, apply for the beta through the person who told you about Powur.com in the first place. That person will provide you with an invitation code, and you enter that invitation code into the online form here: https://www.powur.com/
When registration eventually opens for the company, you should be able to sign up at that same page. Currently, the page features a greyed-out signup area. You can’t click that signup area, but you can view fields like first name, last name, email address, phone number, and password.
Powur is registered in Del Mar, California and was founded in 2014.
The company lists the following address:
2683 Via De La Valle Del Mar
Del Mar, CA 92014
You can contact the company at 480-626-7056.
The company is primarily led by Jonathon Budd, Andrea Budd, and Robert Styler.
Jonathan Budd is the founder and CEO. According to the Powur.com website, Jonathan was a “top representative in multiple companies” by the time he was 25, and eventually founded an education-based direct marketing company with over 120,000 customers.
Andrea Budd is the CEO of the company and claims to have over 30 years of leadership experience at industrial, non-profit, financial services, and training firms.
Robert Styler is the co-founder and President of Powur and has 25+ years of direct marketing experience. He claims to have been a top 10 distributor in “numerous companies” and was once president of an ISP.
You can view other key members of the Powur team here, including Tyler Jensen (interim CFO), Craig Jorgensen (Chief Designer), and Rick Hou (Chief Technology Officer).