Arbor
About
Arbor is a consumer climate tech company dedicated to helping households reduce their electricity bills. Operating in states with energy choice, including parts of the Northeast, Midwest, and Texas, Arbor simplifies energy savings through its user-friendly platform. The company automatically finds lower electricity rates for users, making it easy to compare and switch to more affordable supply plans without changing their utility provider. Arbor's services include a robo-advisor that monitors and optimizes energy costs, ensuring users can make informed decisions. The company guarantees no early termination fees and offers reimbursement for any moving-related costs when switching suppliers. Arbor prioritizes data privacy, earning revenue through referral fees from energy supply partners rather than selling user data. With over 10,000 households helped and an estimated $5 million saved, Arbor aims to make energy more affordable and accessible for everyone. Recently, the company raised $9 million in funding to scale its platform and expand its team.