As the world increasingly looks to renewable energy sources, the push for solar power has gained tremendous momentum. But adopting solar energy, in the individual sense, is not always the simplest of tasks with costs and resources burdening potential renewable energy users.
In the milestone 100th episode of “High Tech on the Low”, we shine the spotlight on Arik Becker, the co-Founder of Rhino Eco, whose innovative mindset has led to the creation of a revolutionary financing engine that empowers solar contractors to offer customers more accessible and personalized pathways to embrace solar power. What’s more, Rhino Eco has made history as the first Israeli company to sell solar electricity directly to consumers in the US market. Get ready to be inspired as we delve into Rhino Eco’s transformative solutions and explore the critical role they play in accelerating the adoption of renewable energy.
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Rhino Eco Revolutionizing Solar Power Delivery
Rhino Eco is at the forefront of the solar power revolution but not in the traditional sense. Many of the popular solar startups today focus much more on the technology of solar panels whether that be in creating better panels, batteries, or energy conduction mechanisms. Yet, Arik recognized that “there are people who want to adopt solar energy but don’t necessarily have the means to do so.” Currently, solar energy adoption for a residential home can cost tens of thousands of dollars, and if you do not have that cash laying around, well then you are out of luck.
Arik wanted to find a way to enable more accessible and personalized pathways to go solar. Through their revolutionary financing engine, Rhino Eco developed a system to empower solar contractors to offer flexible financing options tailored to the unique needs of their customers. They do not necessarily target the individual clients who want the solar installation, but partner with solar energy professionals and companies to reach their would-be clientele and deliver a unique, attractive offer. This approach eliminates the traditional barriers associated with high upfront costs, making solar energy more affordable and attainable for a wider range of people. Arik highlights this approach’s significance stating that “our goal is to bridge the last mile of the solar adoption process by providing innovative financing solutions that empower consumers to go solar without financial constraints.”
Israeli-USA Electricity
Though their financing vehicle is impressive, Rhino Eco achieved a truly remarkable milestone by becoming the first Israeli company to sell solar electricity directly to consumers in the US market. How exactly?
It is through their financing options that they are actively providing a means for USA citizens to generate electricity, receive tax credits, and comply with energy regulations. This accomplishment is a testament to the groundbreaking innovation and entrepreneurial spirit that drives Rhino Eco and the Israeli tech ecosystem. Arik shares his excitement and is proud “to bring Israeli tech to the US market, and help accelerate the adoption of renewable energy while making a positive impact on the climate”
Accelerating Renewable Energy Adoption
The work of Rhino Eco is instrumental in accelerating the adoption of renewable energy, particularly solar power. Rhino Eco addresses the financial barriers that have hindered widespread solar adoption and much of the renewable energy industry’s traction. This approach gives people affordable ways to become part of the climate and renewable energy movement by offering flexible payment options and leasing. People can embrace clean energy, contribute to reducing carbon emissions, and combat climate change without breaking the bank.
“We believe that accelerating the adoption of renewable energy is crucial,” Arik adds. “By making solar energy more accessible and affordable, we can create a greener world.” As we strive towards a sustainable future, the efforts of pioneers like Arik and companies like Rhino Eco play a vital role in driving the transition to renewable energy sources. Their milestone achievement as the first Israeli company to sell solar electricity in the US market further demonstrates the global impact of Israeli technological advancements, especially in the climatetech space. Here’s to their significant contribution to a greener and more sustainable future!