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Rainbow Energy
Solar panel technology company
- 1-20 employees
- B2C
- Property
- B2B
- Energy
- Sustainability
- Environmental
- Stratford, London, UK
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Company mission
Rainbow is on a mission to be the UK’s number 1 choice of solar company for households and SMEs by delivering exceptional outcomes and value for money.
42% female employees
Our take
Rainbow Energy is a solar power installation and tech company that made a gamble on its viability when founded in 2021. Back then, margins were tight in sustainable energy, but the two ex-finance workers predicted - rightly - that solar energy would become cheaper than using gas. Now, they help thousands of homes switch to 100% renewable energy sources.
In October 2022, more than 14,000 UK homes switched to solar energy. With the price of solar having fallen 60% and energy price freezes set to end in 2023, solar energy is becoming increasingly sustainable on a financial level for households. Business, therefore, is booming for Rainbow Energy.
Whilst there are a wealth of larger solar companies that customers can invest in, Rainbow Energy has utilised its founders' backgrounds to great effect, creating a unique customer retention scheme. Loyalty points earned by customers can be converted into shares of the company, leading to customer ownership of up to 25% of Rainbow Energy. In an attempt to keep up with its growth, the company is planning to hire hundreds more staff in the coming years.
Freddie
Company Specialist at Welcome to the Jungle
Benefits
- 20 days holiday increasing by 1 day for each year of service up to a maximum of 25 days
- Cycle to work scheme
- Amazing company events
- Flexible working environment
- 3 volunteering days per annum
Company values
- We call our values the Rainbow Spirit and the Spirit includes:
- Make the world a better place
- Customer love
- Fuelled by Learning
- Never forget we are human
- Ubuntu (I am because we are)
Leadership
Stefan Cooksammy
(Co-Founder)Previously Investment Manager at Henderson Rowe and Associate at PwC.
Neil Cockerill
(Co-Founder)Senior Investment Manager at Henderson Rowe and Senior Investment Advisor at Alexander David Securities Limited.
Diversity, Equity & Inclusion at Rainbow Energy
Carol Evans (Head of People)
- Take a look at our management team and you will see that we are totally committed to diversity
- We absolutely encourage recruitment from under represented communities
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