Colorado Energy sadly closed in 2021, and its customers were transferred to Shell Energy.
Founded in 2020, Colorado Energy positioned itself as a well-funded domestic energy supplier that championed renewable energy offerings to its customers. The company specialized in energy retail white labeling, offering fairly-priced renewable energy tariffs. Their mission emphasized the importance of responsibly-sourced, reasonably-priced energy.
Despite the promising start, Colorado Energy eventually closed its doors, leading to the transfer of its customer base to Shell Energy. The specifics regarding the company's headquarters, last investment, and investment parties remain undisclosed. The closure of Colorado Energy highlights the competitive nature of the energy industry and the challenges faced by startups in this sector.
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