Elephant Energy partners with Enduring Planet to accelerate home electrification

Elephant Energy is accelerating the transition away from fossil fuels by starting where impact is most immediate: the home. The company enables homeowners to electrify with confidence by delivering simple end-to-end home modernization solutions through a single, trusted platform. By making home electrification straightforward and financially accessible, Elephant Energy expands the reach of clean energy solutions and drives measurable emissions reductions in communities across the country.

As the company scaled, it required a financing partner that could match its pace of growth without adding operational friction. Compared to traditional lenders, Enduring Planet’s process was significantly faster, more efficient and more collaborative. The team worked closely with Elephant Energy to structure capital in a way that aligned with its business model and long-term mission.

Elephant Energy partnered with Enduring Planet to:

• Secure capital to fuel growth without unnecessary dilution
• Access a competitive cost of capital without personal guarantees
• Implement a streamlined, transparent financing process

Elephant Energy is using this capital to continue advancing rebates and incentives to customers, ensuring electrification remains affordable and accessible. In particular, the partnership enables the company to more aggressively pursue statewide programs targeting low-income households and communities where rebate levels are often higher and the impact of electrification can be most transformative.

Advancing over $8.2 million in customer rebates and incentives creates a unique working capital challenge, but because Enduring Planet understands the climate space and works with mission-driven co-lenders, they quickly understood the opportunity and structured a deal that worked for all parties.

Jon Schwartz

Head of Finance & Biz Ops, Elephant Energy