Griddy Pro is the MLM marketing arm of Texas-based energy reseller Griddy.
Griddy’s website lists co-founder Nicholas Bain and Gregory Craig, both of whom have a history in the energy sector.
As per their respective Griddy corporate bios;
Mr. Bain has been championing the investment and growth of renewable energy for more than 15 years.
He previously established Allco Wind Energy, oversaw the largest wind farm development project in the United States, and was the CEO of Graphite Energy prior to co-founding Griddy.
Mr. Craig has been a pioneer in the US energy industry for nearly 25 years.
After launching Cook Inlet, one of the largest wholesale energy traders in North America, Craig went on to lead Commerce Energy as chairman and CEO before co-founding Griddy.
Griddy Pro was announced earlier this month, with
coverage
revealing the appointment of “new leaders”.
Griddy’s new leaders, CEO Michael Fallquist, COO Christian McArthur and CFO Roop Bhullar, previously led Connecticut-based Crius Energy, which was sold last year for $400 million to Vistra, Irving-based owner of the TXU Energy brand.
Former Griddy CEO Greg Craig will remain on the Griddy board.
Crius Energy was a “strategic partner” of
Viridian Energy
, a former MLM company BehindMLM reviewed in 2017.
Griddy’s new CEO, Michael Fallquist (right), founded both Viridian Energy and Crius Energy.
In December 2017 Viridian unexpectedly announced it was
abandoning its MLM business model
. Distributors were caught off-guard but given four months notice.
Three months later it was revealed Viridian settled a deceptive marketing and sales tactics complaint with Massachusetts for $5 million.
Viridian’s website is still up today, however Alexa traffic estimates suggest there isn’t much going on.
Crius Energy struggled and, after cutting 270 jobs the same year Viridian settled with Massachussets, was
sold to Vistra
in early 2019 for $436 million.
Griddy Pro marks Michael Fallquist’s return to both the energy sector and MLM industry.
Read on for a full review of Griddy Pro’s MLM opportunity.
Griddy Pro’s Products
Griddy markets “wholesale electricity”.
Get access to wholesale electricity for $9.99 a month. Pay exactly what we pay.
In a nutshell Griddy customers prepay for electricity, which is then billed based on the “current real-time rate”.
Griddy claims an average 8.5 cents per kWH rate, equating to an average savings of $596 a year.
At the time of publication Griddy is only available in the state of Texas.
Griddy Pro’s Compensation Plan
Griddy Pro’s compensation rewards affiliates for signing up new energy customers. These customers can be retail or recruited affiliates.
Griddy Pro also muddies the waters by paying customers a $25 commission for referring new customers.
That $25 is credited at $75 if put towards
‘the purchase energy efficiency products at the Griddy rewards store.’
Note however that Griddy retail customers are locked out of the MLM side of the busi
🤖 Quick Answer
What is Griddy Pro?Griddy Pro is the multi-level marketing division of Griddy, a Texas-based energy reseller company. It operates as the MLM marketing arm for the parent organization, which provides electricity services in deregulated energy markets across the United States.
Who are Griddy's co-founders?
Griddy was co-founded by Nicholas Bain and Gregory Craig. Bain brings 15+ years of renewable energy expertise and previously led Allco Wind Energy and Graphite Energy. Craig has nearly 25 years in the energy sector and previously founded Cook Inlet and led Commerce Energy.
What is Nicholas Bain's background?
Nicholas Bain has championed renewable energy investment and development for over 15 years. He established Allco Wind Energy, oversaw the largest wind farm development project in the United States, and served as CEO of
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