Viridian Energy Review
Viridian Energy Review
There are several MLM companies taking advantage of the deregulation of the energy market in certain states. Viridian Energy is an alternative energy company that sells green energy services in deregulated markets through a direct sales model. Viridian's primary difference from its MLM competitors such as Ambit Energy, ACN and Ignite is that Viridian's electricity products exceed the Renewable Portfolio Standards (which require electricity suppliers and utilities to source a minimum amount of their electricity from clean energy sources) by at least 20% in each state in which they operate.
Viridian Energy offers two different electricity products: 20% renewable Everyday Green and 100% renewable, wind-generated Pure Green. Viridian charges variable rates for their services, which means that the rate will change month-to-month as the price of electricity goes up or down.
To become a Viridian Associate, you must enroll and pay a fee. If you want to be eligible to enroll customers from any state that Viridian serves, the fee is $399.00. If you will only be enrolling customers from one state, the fee is $199.00. Viridian charges its Associates a $20 monthly fee for a website and training tools, and there is also an annual renewal fee. Viridian Associates are paid for each customer they sign up, each month that they remain a customer. Associates can earn more when they sponsor others to become Viridian Associates, and for the customers they sign up.
To summarize my Viridian Energy review, it's a legitimate company that provides its customers a service (green energy options) that is lacking in most areas. The question I have is how many customers a Viridian Associate would have to sign up to recoup their initial investment. Unfortunately, I wasn't able to find an answer on Viridian's website, but I suspect that you would have to sign up a significant number of customers and/or build a very large downline in order to earn some decent residual income.