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Viridian Energy |
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"Viridian Energy Review: Saving the Environment while Saving on Your Electric Bill" |
Viridian Energy delivers electricity as its product. The company was founded by Michael Fallquist who previously served as COO as Commerce Energy- a publicly listed natural gas and electricity retailer serving more than 150,000 customers in 10 states. Now Michael heads Viridian which operates in 3 states- CT, PA, and NJ. These states have undergone the transition from a controlled to de-regularized electricity market. The company’s customers use electricity from wind farms, solar panels, hydropower, geothermal, and other renewable sources of energy that is compliant with the proposed 2020 Renewable Portfolio Standards. A green energy company? Is that possible? Let’s take a closer look.
Energy Deregulation
The deregulation of electric utility opened opportunities for a free market, driving competitive lower prices. Unfortunately, majority of people from deregulated states are still unaware that they have options for power provider. And the minority of people, who are aware, stubbornly refuses to switch because of misinformation and misunderstanding of the law causing citizens to stick to their electricity provider although they charge more.
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Environmental and Cost-effective Energy Solution
Viridian Energy combined issues of sustainable energy, environmental protection, and rising cost of living with the popularity of multilevel marketing business model to produce an enticing home based business opportunity. The MLM model is ideal for Viridian because they need sales associates who can explain to customers in detail how the company’s alternative energy source can benefit them financially and environmentally. Aside from information dissemination, the incentives awarded to sales representatives ensures a broader market reach that results to fast revenue generation.
Compensation Plan
Viridian Energy offers a comprehensive compensation plan in their website that details the rewards and incentives that are available to sales associates. Viridian offers a Fast Start Bonus (FSB) Plan as well as a Mentor Sharing Bonus, and a Monthly Income Bonus. In addition, qualified top sellers are entitled to the Profit Sharing Bonus. This MLM business is certainly unique because as a sales associate, you are not required to invest in initial inventory; you only have to switch electricity providers. The mission of the company seems to encompass what society is clamoring for: green energy, environment protection, and financial opportunities. The earth certainly needs more companies like Viridian.
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