Empowering 10 million households to embrace a fossil free future
Tibber at a glance & key developments in 2025
Tibber helps households power their homes smarter and more independently with real-time energy insights and smart controls, improving energy efficiency and reducing reliance on fossil fuels. By pooling this smart energy use across many homes, Tibber creates a Virtual Power Plant (VPP) — turning individual savings into collective grid support for a more stable, sustainable energy system.
In 2025, Tibber expanded its VPP, grid balancing services, and Grid Rewards across regions and smart devices, delivering measurable consumer savings. The company strengthened profitability in the Nordics, grew significantly in the Netherlands, and boosted operational efficiency.
- Year acquired
- 2022
- Revenue
- EUR 68m
- Location
- Norway
- Employees
- 294
- Website
- https://tibber.com
- Investment theme
- Energy Transition
- Contact
- christian.melby@summaequity.com
- SDG alignemnt
7, 9, 13
What are the challenges Tibber addresses
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+1.7TW
of EU renewable electricity projects in grid connection queues
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+8ppt
increase in electrification rate to reach 2030 target of 32%
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Who is impacted?
Households, grid operators and society at large are impacted by Tibber’s energy platform. Households gain tools to manage and optimize electricity use, while aggregated customer flexibility supports grid balancing and integration of renewable energy, benefiting the wider energy system.
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Contribution
Tibber contributes to Summa’s theory of change by enabling flexible, demand-side energy use through digital tools and smart device integration. By aggregating household flexibility, Tibber supports more efficient electricity consumption and provides balancing resources for renewable-based power systems.
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Risks to impact
Key risks to impact include limited engagement with smart energy solutions, as well as regulatory, grid capacity, or technological constraints. Potential policy interventions, such as Norway’s price scheme or broader European consumer price gap mechanisms may also reduce flexibility incentives and market efficiency.