In 2020, metergrid emerged from a simple yet powerful observation: while 53% of Germany's population lives in multi-family buildings, the potential for solar energy in these spaces remained largely untapped. The founders recognized that tenant electricity (Mieterstrom) projects were unnecessarily complex, legally complicated, and economically opaque for property owners. So they built metergrid - a comprehensive SaaS platform that makes decentralized energy simple, profitable, and legally compliant.
Since launching, metergrid has grown to over 60 employees and now supplies more than 53,000 residents with clean, locally-generated solar power. The company's end-to-end solution handles everything from profitability calculation and billing software to tenant acquisition and project implementation. Property owners earn 8-15% returns while tenants access affordable green energy, creating a true win-win-win for owners, residents, and the environment. With backing from investors like 468 Capital and partnerships across the energy sector, metergrid is accelerating Germany's energy transition by bringing clean power directly to the buildings where people live.