Australian energy retailer providing real-time pricing and battery optimization software.
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Amber Electric is an innovative Australian energy retailer and technology company that has disrupted the traditional utility model by providing residential customers with direct access to real-time wholesale electricity prices. By moving away from fixed-rate plans, the company aligns its incentives with its customers, charging a flat monthly subscription fee rather than profiting from electricity usage. This approach encourages households to consume energy when it is cheapest and most abundant, effectively turning residential homes into active participants in the energy market.
Amber’s mission is to accelerate the world's transition to 100% renewable energy by empowering households to participate in the energy market, making the shift to renewables the cheapest and fastest option for consumers.
Founded
2017
Headquarters
Melbourne, Australia
Employees
100-200
Industry
Energy Technology
Mission-driven work focused on accelerating the renewable energy transition
Opportunity to work on cutting-edge VPP and IoT energy technology
Innovative business model that challenges industry norms
Fast-paced startup environment can lead to high pressure
Funding
Series D ($45M in 2025)
CEO
Chris Thompson
Complexity of the energy market can create steep learning curves for new employees