Revel Energy

Turn-Key Commercial Solar Projects

Revel Energy

Turn-Key Commercial Solar Projects

Irvine, CA
Clean Technology
Revel Energy is a commercial solar and energy storage developer of custom renewable energy systems. Specializing in commercial rooftop solar systems, Revel also offers energy storage solutions, carport solar systems, LED lighting installation, and other energy-related services. Revel’s services are supporting a lucrative and flourishing market with completely turn-key operations.

$33,451

raised
17
Investors
$40M
Valuation
$4.04
Price per Share
$496.92
Min. Investment
Common
Shares Offered
Equity
Offering Type
$5M
Offering Max
Reg CF
Offering

$33,451

raised
17
Investors
$40M
Valuation
$4.04
Price per Share
$496.92
Min. Investment
Common
Shares Offered
Equity
Offering Type
$5M
Offering Max
Reg CF
Offering

Stack Owner's Bonus & Rewards!

Members get an extra 10% shares in addition to rewards below!

Rewards

Get rewarded for investing more into Revel Energy:

$496+
Investment
StartEngine Owner’s Bonus
This offering is eligible for the StartEngine Owner’s 10% Bonus program. For details on this program, please see the Offering Summary section below.
$5,000+
Investment
$5,000+
Invest $5,000 and receive 5% bonus shares.
$15,000+
Investment
$15,000+
Invest $15,000 and receive 10% bonus shares.
$50,000+
Investment
$50,000+
Invest $50,000 and receive 15% bonus shares.

Reasons to Invest

Fast growing with 228% revenue growth 2018-2021.
Highly experienced team with firm traction in the commercial renewable energy market.
Significant room to grow with current market only in “early adopter“ phase. Locally around 25% adoption, nationally at around 3%.*

*Information provided by the Solar Energy Industries Association & the US Energy Information Administration (sourcesource)

Revel maximizes your energy savings and minimizes your carbon footprint

Revel Energy exists in the intersection of sustainability, responsibility, and efficiency. It used to be that being sustainable was merely an exercise in noble intentions. Nowadays, with technology advancing everyday, implementing sustainable energy solutions is as financially responsible as it is morally upright. With Revel Energy, your business can benefit from massive operations savings through our clean, reliable energy systems.



Our team of engineers, developers, and project managers will overhaul your company’s electrical systems with state-of-the-art, hyper-efficient solutions to maximize your energy savings and minimize your carbon footprint. An early adopter to this budding industry, Revel maintains an advantageous market position as municipalities and companies throughout the country switch to renewable energy systems.


Our Traction


Over $12M in 2021 revenue and still in the “early adopter” phase

Our expertise and dynamic solutions have already yielded fantastic results. Even in the midst of a global pandemic we continued to grow, with over $12M in annual revenue in both 2020 and 2021


Revel has developed a stout portfolio of commercial and industrial projects throughout the state of California. In the last six months, we have compiled well over $38 million in late stage non-binding LOI’s and backlogs. Revel is also proud to be listed as one of the top energy installers from the California Solar & Storage Association.



Currently, the Solar Investment Tax Credit is set at 26%, meaning businesses can claim more than a quarter of the equipment, permitting, and installation costs of our solar solutions. There are a bevy of other tax incentives, government programs, and changing energy code mandates that make going solar more appealing than ever. These trends, in addition to our cutting-edge energy solutions, have fueled Revel’s exponential growth.


The Problem


Companies need a viable alternative to the soaring electricity rates and their state's Renewable Portfolio Standards

Throughout the country, commercial electricity rates are rising astronomically. Revel’s home state of California has some of the highest rates nationwide. In all commercial, agricultural, and industrial sectors, costs are rising, and combined with crippling inflation, many companies are struggling to cover their operations costs. 


(source)


Energy costs shouldn’t stifle the growth of businesses, however, if companies don’t find an alternative to our current grid, they will be at the mercy of these soaring electricity costs.


Recent renewable energy policies have placed Renewable Portfolio Standards (RPS) into effect for parts of the country. More than half of states have established renewable energy targets, with thirty states, Washington, D.C., and two territories even having active renewable or clean energy requirements. Notably, states like California and Colorado have targeted 100% clean electricity in the coming decades, and as many states follow suit, it’s easy to identify an immediate need nationwide. (source)

The Solution


Sustainable tech is the future for lowering energy expenses 

There’s an avalanche of information to sort through when considering sustainable energy solutions. Revel breaks down every step of the process, designing an optimal system for your business and identifying tax incentives, financing options, and any other matrix that apply.



Our process starts with a 35,000 datapoint energy audit, which provides us with the pertinent information to customize an energy solution based on the customer’s needs and energy usage. Once surveyed, Revel will provide a suite of solutions that are custom-made for your company. From solar panels, cool roofs, and energy storage solutions to cogeneration and LED lighting, Revel will help lower both your company’s electrical bills and carbon footprint.



This turnkey approach to business allows our customers to focus on their business, while we handle the design, permits, and installation of our energy system. Revel also offers financing options that leverage tax incentives and smart financing with little to no upfront costs.

The Market


Energy code mandates are making solar energy more necessary than ever, and we are only in the early adopter phase

In the future that Revel envisions, power plants are far less prevalent. Every time we fly into a major city and gaze over the empty rooftops, all we see is potential.


Revel separates itself from the pack with our thorough processes and painstaking attention to detail. Between concerns about inflation and energy costs rising, this is a chance for investors to take the matter back into their own hands.



In 2018, the global solar energy market was valued at $52.5B, and in less than a decade’s time, is projected to grow to $223.3B by 2026 (source). This is in part due to legislative organizations like the California Energy Commission, which has mandated solar for all new and retrofitted commercial buildings starting in 2023. With a little more than 1% of national commercial electricity demand served by on-site solar, there remains significant opportunity for growth in this segment (source).


Revel has been an expert in commercial solar energy systems since 2017. Our factory-direct technology is well-priced, easily customizable, and proven to be effective, with customers typically saving between 50-80% on electricity bills.


Why Invest


Invest today and get on board with a company building a greener tomorrow

We believe the timing couldn’t be better. Our dynamic energy solutions capitalize on today's exceedingly-high electrical costs and favorable incentives that revolve around renewable energy. 


Our services have proven to yield phenomenal energy savings. By reducing their carbon footprint, we align businesses with the new eco-friendly paradigm that’s transforming our world. 


Invest in a greener tomorrow by becoming a shareholder in Revel today.




THE OFFERING MATERIALS MAY CONTAIN FORWARD-LOOKING STATEMENTS AND INFORMATION RELATING TO, AMONG OTHER THINGS, THE COMPANY, ITS BUSINESS PLAN AND STRATEGY, AND ITS INDUSTRY.  THESE FORWARD-LOOKING STATEMENTS ARE BASED ON THE BELIEFS OF, ASSUMPTIONS MADE BY, AND INFORMATION CURRENTLY AVAILABLE TO THE COMPANY’S MANAGEMENT. WHEN USED IN THE OFFERING MATERIALS, THE WORDS “ESTIMATE,” “PROJECT,” “BELIEVE,” “ANTICIPATE,” “INTEND,” “EXPECT” AND SIMILAR EXPRESSIONS ARE INTENDED TO IDENTIFY FORWARD-LOOKING STATEMENTS, WHICH CONSTITUTE FORWARD-LOOKING STATEMENTS. THESE STATEMENTS REFLECT MANAGEMENT’S CURRENT VIEWS WITH RESPECT TO FUTURE EVENTS AND ARE SUBJECT TO RISKS AND UNCERTAINTIES THAT COULD CAUSE THE COMPANY’S ACTUAL RESULTS TO DIFFER MATERIALLY FROM THOSE CONTAINED IN THE FORWARD-LOOKING STATEMENTS.  INVESTORS ARE CAUTIONED NOT TO PLACE UNDUE RELIANCE ON THESE FORWARD-LOOKING STATEMENTS, WHICH SPEAK ONLY AS OF THE DATE ON WHICH THEY ARE MADE. THE COMPANY DOES NOT UNDERTAKE ANY OBLIGATION TO REVISE OR UPDATE THESE FORWARD-LOOKING STATEMENTS TO REFLECT EVENTS OR CIRCUMSTANCES AFTER SUCH DATE OR TO REFLECT THE OCCURRENCE OF UNANTICIPATED EVENTS.





In the Press

Solar Builder Mag

How a California mushroom grower reduced its energy costs by 60% with solar + storage

Renewable Energies Mag

California-based Revel Energy to install a 1.04MW rooftop solar PV system coupled with a 300kW/405kWh NantEnergy SmartStorage system at its San Marcos, California processing facility.

Offering Summary


Company

:

Revel Energy, Inc.

Corporate Address

:

2323 Main St., Irvine, CA 92614

Offering Minimum

:

$9,999.00

Offering Maximum

:

$4,999,996.92

Minimum Investment Amount

(per investor)

:

$496.92











Terms


Offering Type

:

Equity

Security Name

:

Series B Non-Voting Common

Minimum Number of Shares Offered

:

2,475

Maximum Number of Shares Offered

:

1,237,623

Price per Share

:

$4.04

Pre-Money Valuation

:

$39,957,216.00











*Maximum number of shares offered subject to adjustment for bonus shares. See bonus info below.

Investment Incentives and Bonuses*

Loyalty Bonus:

For any previous backers or investors in Revel Energy, when you invest in this live offering you will receive an additional 5% bonus shares.

Time-Based:

Friends and Family Early Birds

Invest within the first 14 days and receive 15% bonus shares.

Super Early Bird Bonus

Invest within the next 7 days and receive 10% bonus shares.

Early Bird Bonus

Invest within the next 7 days and receive 5% bonus shares.

Amount-Based:

$5,000+

Invest $5,000+ and receive 5% bonus shares.

$15,000+

Invest $15,000+ and receive 10% bonus shares.

$25,000+

Invest $50,000+ and receive 15% bonus shares.

The 10% StartEngine Owners' Bonus

Revel Energy will offer 10% additional bonus shares for all investments that are committed by investors that are eligible for the StartEngine Crowdfunding Inc. OWNer's bonus.

This means eligible StartEngine shareholders will receive a 10% bonus for any shares they purchase in this offering. For example, if you buy 100 shares of Common Stock at $2.25 / share, you will receive 110 shares of Common Stock, meaning you'll own 110 shares for $2.25. Fractional shares will not be distributed and share bonuses will be determined by rounding down to the nearest whole share.

This 10% Bonus is only valid during the investor's eligibility period. Investors eligible for this bonus will also have priority if they are on a waitlist to invest and the company surpasses its maximum funding goal. They will have the first opportunity to invest should room in the offering become available if prior investments are canceled or fail.

Investors will receive the highest single bonus they are eligible for among the bonuses based on the amount invested and time of offering elapsed (if any). Eligible investors will also receive the Owner’s Bonus and Loyalty Bonus in addition to the aforementioned bonus.

*All perks occur when the offering is completed.

The Company will not incur any irregular use of proceeds.


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Most recent fiscal year-end:
Prior fiscal year-end:
Total Assets
$2,651,843.00 USD
$3,538,178.00 USD
Cash And Cash Equivalents
$947,143.00 USD
$2,685,874.00 USD
Accounts Receivable
$313,046.00 USD
$323,586.00 USD
Short Term Debt
$76,891.00 USD
$76,891.00 USD
Long Term Debt
$150,432.00 USD
$149,900.00 USD
Revenues And Sales
$12,086,458.00 USD
$11,502,393.00 USD
Costs Of Goods Sold
$9,911,601.00 USD
$9,463,011.00 USD
Taxes Paid
$12,590.00 USD
$1,700.00 USD
Net Income
$367,224.00 USD
-$157,687.00 USD

Risks

A crowdfunding investment involves risk. You should not invest any funds in this offering unless you can afford to lose your entire investment. In making an investment decision, investors must rely on their own examination of the issuer and the terms of the offering, including the merits and risks involved. These securities have not been recommended or approved by any federal or state securities commission or regulatory authority. Furthermore, these authorities have not passed upon the accuracy or adequacy of this document. The U.S. Securities and Exchange Commission does not pass upon the merits of any securities offered or the terms of the offering, nor does it pass upon the accuracy or completeness of any offering document or literature. These securities are offered under an exemption from registration; however, the U.S. Securities and Exchange Commission has not made an independent determination that these securities are exempt from registration.


Updates

New Contract Signing Alert - 1.1 MW of Solar for Madera Tree Nut Grower & Packager

7 days ago


Madera County, CA tree nut grower contracts Revel Energy to develop a 1,092 kW-DC commercial solar system. The system puts environmental benefits and energy costs savings at the forefront for this California farmer and packager.  

The signing comes as another welcome boost to Revel’s sustained growth. As the company continues its equity offering via StartEngine crowdfunding (view offering here), new signings are welcome news to stakeholders. 

According to Energy Toolbase, the system will produce 1,900,000 kWh of free electricity. The estimated value of (year 1) free electricity is in the $300,000-400,000 range. This kind of savings is estimated to give the user a 2.8 year payback. Additionally, per the EPA Greenhouse Gas Equivalencies Calculator, producing 1,900,000 kWh annually with solar is like planting over 1,600 acres of new forest, completely avoiding the CO2 produced by 151,000 gallons of gasoline through self-generation.


*Estimated offset for 1 of several meters connected to the system through NEMA program. This meter alone is expected to save $90,000 (of the $300,000 est. total) in year 1. 

“California farmers and packager are some of the highest users in the state and they pay some of the highest electricity rates,” explains Alan Lee, CEO of Revel Energy. “With agricultural solar, our customers can capitalize on energy cost savings, significant tax credits and reduced carbon emissions.”

This project adds to Revel Energy’s long list of new customers and bolsters a growing backlog. Next steps include engineering, permitting, construction and finalizing with Permission to Operate or PTO. In 2021, Revel achieved 4.7 MW of PTO.

Revel Energy has helped commercial, industrial and agricultural businesses take control of their consistently-rising electricity costs with dynamic energy solutions including commercial solar, energy storage, LED retrofitting and EV charging stations determined around their needs. Contact Revel today to learn how much your business could save in the face of future rising electricity costs.

Solar Tax Credit Scheduled to Step Down at End of 2022 - Catalyst for New Solar Customers?

8 days ago

The solar ITC is a valuable dollar for dollar tax credit. Currently set at 26% of the total cost of your project, the credit is set to step down to 22% in 2023. There is still time for California businesses to capitalize on the 26% rate but time is of the essence. 

The previous step down in 2019 (30% down to 26%) was viewed as a motivator for businesses to act quickly before losing the 4% delta. Similar is expected by Revel Energy with the next step down. 

It is also important to note that the US Government is currently working out a bill that would include reinstating the 30% tax credit and it could possibly be used as a cash rebate. Other details include reforming the permitting process to make it easier for solar projects as well as opening more potential businesses to the incentive. This is widely viewed as a monumental incentive for the solar industry and is expected to contributed to the industry's continued growth. 



New Contract Signing Alert - 260 kW of Solar for OC Manufacturer

28 days ago

New Contract Signing Alert - 260 kW of Solar for OC Manufacturer

Orange County, CA precision manufacturer contracts Revel Energy to develop a 260 kW-DC commercial solar system. The system puts environmental benefits and energy costs savings at the forefront for this industrial business. 

According to Energy Toolbase, the system will produce 412,000 kWh of free electricity. The estimated value of free electricity is in the $60,000-70,000 range. This kind of savings is estimated to give the user a 2.7 year payback. Additionally, per the EPA Greenhouse Gas Equivalencies Calculator, producing 412,000 kWh annually with solar is like planting over 300 acres of new forest, completely avoiding the CO2 produced by 31,000 gallons of gasoline through self-generation.



“We continue to develop projects that not only make economic sense for businesses, but also reduce carbon emissions in a significant way,” explains Alan Lee, CEO of Revel Energy. “With commercial solar and energy storage, our customers can have the benefits of both worlds, financial and environmental.”

This project adds to Revel Energy’s long list of new customers and bolsters a growing backlog. Next steps include engineering, permitting, construction and finalizing with Permission to Operate or PTO. In 2021, Revel achieved 4.7 MW of PTO, putting them on a short list of the 2022 Top Solar Contractors list.  

Revel Energy has helped commercial, industrial and agricultural businesses take control of their consistently-rising electricity costs with dynamic energy solutions including commercial solar, energy storage, LED retrofitting and EV charging stations determined around their needs. Contact us today to learn how much your business could save in the face of future rising electricity costs.

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