BoxPower
Model & Strategy
BoxPower provides clean, reliable, and affordable energy to rural consumers. BoxPower’s ecosystem of software and hardware solutions optimizes performance and accelerates the deployment of solar microgrids. Since 2016, BoxPower has offset
20,000 metric tons of greenhouse gases.
The Problem
Rural energy distribution infrastructure in the U.S. is severely aging and posing a threat to citizens, with over 60% of distribution lines exceeding their 50-year life expectancy. This leads to skyrocketing utility spending, which has increased by over 64% in the last two decades, with the financial burden often falling on ratepayers. Additionally, severe storms and wildfire mitigation efforts, such as Public Safety Power Shutoffs (PSPS), pose significant energy reliability risks, especially to those at the edge of the grid. Furthermore, distribution lines running through remote areas frequently start devastating wildfires, which destroy lives and significantly increase greenhouse gas emissions. According to the National Interagency Fire Center, from 1992 to 2020, federal, state, and local fire services dealt with 32,652 powerline-ignited wildfires across the country.
Fossil-fuel generators are often the only backup and off-grid power solution available to rural and remote citizens. These generators come with high long-term costs and emit hundreds of thousands of pounds of carbon dioxide annually, contributing to environmental pollution and climate change. There is an unmet need for an affordable and accessible clean energy solution that will serve rural populations while tackling the environmental consequences of widespread energy consumption.
The Solution
BoxPower provides clean, reliable, and affordable energy to rural customers. Their ecosystem of software and hardware innovations optimizes performance and accelerates the deployment of solar plus storage microgrids. From energy audit to operation, BoxPower provides turnkey engineering, construction, and management services. Their Energy Audit and System Integration (EASI) design process selects from their pre-engineered modular systems for clean energy production, reliability, and economic return.
BoxPower’s services focus on three main areas:
1) Wildfire mitigation: Fire-safe microgrid systems provide a permanent energy supply to replace risky traditional utility lines.
2) Energy resilience: Integrated solar, storage, and backup solutions supply reliable energy through natural disasters, storms, and shutoffs.
3) Power anywhere: Containerized microgrids offer continuous power solutions for the toughest off-grid environments while offering a clean alternative to diesel generators.
BoxPower is led by co-founders Angelo Campus (CEO) and Anderson Barkow (CFO) and Michele Campus (COO). Angelo began the early versions of BoxPower as a research project while completing his undergraduate degree at Princeton, where he designed an independent major combining civil engineering and anthropology, with a focus on renewable energy technologies and business models for rural electrification. Angelo graduated magna cum laude from Princeton University and is a Forbes 30 under 30 listmaker, Echoing Green Fellow, Halcyon Fellow, Global Social Benefit Institute Fellow, and winner of the 2017 Tiger Entrepreneur Award.
Prior to joining BoxPower, Anderson held investment banking and social finance roles at RSF Social Finance, Bank of America, and Wakabi Boda Solutions in Uganda. Anderson graduated magna cum laude from Santa Clara University and is a Halcyon Fellow, Global Social Benefit Institute Fellow, and Wild Gift Finalist for his work with BoxPower.
IMPACT
Over 40 microgrid systems installed in the U.S. and Puerto Rico, and 70 systems currently in development with leading utilities.
In 2024, 5,000 people will use electricity generated by a BoxPower system.
More than 19,300 megawatt-hours generated, 20,000 metric tons of GHGs, and countless wildfires prevented.