The purpose of this Viridian Energy Review is to highlight some specifics of the opportunity, but also to compare it to other “green” energy opportunities.
Viridian Energy was established about three years ago. Its Founder and CEO is Michael J. Fallquist. Viridian is one of several companies positioned for growth in the deregulated energy industry. Viridian Energy is a direct sales organization focused on providing its customers the opportunity to save money on their electric bill, while making a difference to help the environment. Viridian markets 20% green and 100% wind generated power options.
Viridian Energy Review – Green Difference
Viridian Energy is unique among MLM competitors such as Ambit Energy, ACN and Ignite as Viridian offers a singular focus on promoting “green” energy products. This positioning has been well received, particularly by Viridian’s customers in the Northeast who have a strong interest in supporting “green living.” Viridian Energy has grown to a company with over $200 million in revenues in just three years.
As part of this Viridian energy review, it is important to point out that Viridian is not the only energy retailer marketing green energy options. In fact, virtually all of the energy suppliers and energy network marketing competitors offer 100% “green” choices to their customers, along with other lower cost “standard” energy options that might be anywhere from 14% -25% “green.”
Viridian Energy Review – The Representative Opportunity
The Viridian business opportunity can be compared to others such as: Ambit, Ignite, Ampegy and NRG. Viridian charges a $399 enrollment fee to join its “all-state” program allowing the representative (associate) to market their business in any state where Viridian does business (currently CT, NY, NJ, PA, MD and IL) (MA soon to come). (For April 2012 they have discounted the sign on fee to $199.) In addition, Viridian charges a $19.99 monthly fee for its website and training tools and document downloads. There is also a once a year fee of $59. All together, the Year 1 cost to be a Viridian representative is about $220 -$420.
The cost to join is not everything. However, it should be a major consideration for anyone considering an energy MLM. This is because an enrollment cost can be a barrier to entry and business growth. An entry fee can also become a source of disappointment for individuals who make the investment and then fail to “earn back their money” in a short period of time.
Viridian vs No Fee Competitor
It should be pointed out, as part of this Viridian Energy review, that there is at least one other major MLM competitor in the energy segment that requires absolutely no investment to join or any monthly fees for the representative’s website or training. The company I am referring to offers both a 100% “green” and 25% “green” electricity product. They also offer a wind energy product, called American Wind, available in all 50 states.
In addition, with the no fee opportunity, every customer is automatically given the opportunity to get paid to refer other customers or build a no-limits network marketing organization. I also like the fact that this company makes charitable giving integral to its business opportunity. The company donates $1 per month per customer residually to a charity of the customer’s choice. The compensation plan is also considered one of the most competitive in the MLM industry.
So if you are excited by the idea of building a business to profit from the “green” energy movement and the $850 billion deregulated energy industry (and you should be!), you’ll want to compare and consider the different opportunities available.
Click Here to Learn More About The No Fee Opportunity Promoting Green Energy
To Your Success!
Courtney Day
203-541-0961
Viridian Energy Review