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LeapEnergy USA LLC

☀️ Changing the way people access productive-use power on-demand to power life.. 🔋

Highlights

1
Over $25B service obtainable market for Sub-Saharan Africa (SSA).
2
220M in SSA would gain power access by means of decentralized power generation by 2050.
3
Excluding founder's funds, we have raised $310,000 pre-seed funding from Power Africa Initiative grant and others.
4
Robust nexus of power and energy resilience at 5kW/5kWh.
5
Lithium ion energy storage.

Our Team

I have always been driven to empower my staff and those associated with me to do more. For similar reason, I want to see the smallholder farmer in Africa be able to get access to refrigeration to preserve its harvest. This gave birth LeapEnergy to develop a standalone off-grid powered cold storage which supported 500 smallholders.

Pitch

Centralized power distributed through the grid has and continues to leave millions out without power. Much like GSM and similar technologies leapfrogged the copper lines to usher in a new world of communication, distributed generation (DG) technology has become the most installed form of power generation particularly in developing and emerging countries. We have bundled and scaled DG into the BAC. 

Airbnb and Uber are both marketplaces enabling an asset owner, a host to deploy it for end-user. The unheralded narrative is simple. The asset or capital is in close proximity to the end-use. While some already have such assets...a house or a vehicle, today many are purposefully investing in these assets. Our solution enables anyone to acquire a BAC for close proximity of use to the end-user. This proximity mitigates potential risks such as misuse and non-payment by the user. 

We branded the DG as BAC which stands for Be Always Connected. Its compact, robust and resilient in energy. It is a easy to deploy and install because it is integrated ALL-IN-ONE. The only external input is the solar panels which we consider as a commodity much as fuel is for Uber host vehicle and for that matter electricity to power a home in Airbnb case. The BAC contains the power engine, energy storage and management and control systems. 


The BAC app would enable transaction between would be end-user and a host financier. Simple transaction would look like this: a smallholder farmer downloads the BAC app and on-boards his/her need. The app immediately recognizes the power need and matches it with potential host who also has the app using embedded algorithms. The host BAC is deployed and the end-users immediately gets power access. The transaction terms, logistics, deployment and monetization all happens with the app.

Often, the masses see the challenge. 

 The floor market price for the BAC5 is $4,320. However the host pays 50% ($2,160) plus $$240 (10%) ONLY.  The host owns the BAC once sold. LeapEnergy generates revenue from sales of BAC which funds on-going inventories. This cycle propagates the BAC owned by hosts into the market.  The company generates additional revenue by subscription payment of a minimum of $30/month. 

We project a rate of adoption and penetration that is somewhat consistent with the adoption of GSM and similar leapfrogged innovations. This is particularly so because the energy gap far exceeds that for telecom and the consumption of electricity in various modes is similar to communication in the form of voice and data.


Our serviceable operation market (SOM) is at least 30million reaching over 5,000,000 households by 2050. Each household according to the African Development Bank and other agencies has at least 6. 

We intend to cross list the deployment of the BAC for mini-grids because a single standard BAC would support some mini-grids. And, because the BAC is scalable 9X it would certainly support several mini-grids projects. According to the International Energy Agency (IEA), the average per capita energy consumption in SSA is about 460kWh per year or 1.26kWh per day. A single BAC5 is 5kWh. 

Energy access to power life is all about affordability and high capacity. The BAC occupies the unique nexus sharing the space with a limited actors. The 5kW/5kWh combination is the benchmark for this space.

Use of partner's patented Anti-Theft innovation disables the lithium ion battery if it is removed from the site. The only way the battery works is that it is connected to the BAC. Therefore, it is rendered useless if stolen. The Use-Lock technology ensures that the end-user cannot activate the operation unless it is validated. A unique code is generated every 30 days depending on status of payment.

Although we cannot guarantee the exact timeline, we believe the rollout of 1,500 BAC would guide LeapEnergy into the next round of funding.

Overview