Daylight Energy Secures $75 Million to Revolutionize Grid with Crypto
Daylight Energy has raised $75 million to expand its decentralized energy network. This network turns homes into distributed power plants. The funding includes $15 million in equity led by Framework Ventures and a $60 million project financing facility.
Daylight’s goal is to fix two major issues: an inefficient solar sales model and a lack of grid capacity. The company notes that 60% of residential solar costs are for marketing and customer acquisition. This inefficiency slows solar adoption and delays savings for homeowners.
Centralized utilities also struggle to meet rising electricity demand with conventional power plants. Daylight’s network addresses these issues by creating a unified financial and operational system.It generates revenue through a dual-stream model.
- Subscribers pay a predictable monthly fee for energy, usually lower then local utility rates.
- The network aggregates power from home batteries,creating a virtual power plant. This can be used during peak demand, generating premium revenue.
This financial loop enables a crypto-powered incentive layer. Homeowners save on bills and are rewarded for participating in the network’s growth and stability.
Daylight CEO Jason Badeaux said, “Crypto creates opportunities to align incentives, drive down costs, and rebuild the industry on clarity, ownership, and shared economic upside.”
Daylight is testing the model in Illinois and Massachusetts. With new capital, it plans to introduce DeFi-based financing soon, connecting household energy systems with global capital markets.
