About
Founded in 2024, UPGRID AG is a private headquartered in Baar, Switzerland specializing in Solar.
UPGRID is a Swiss energy platform that facilitates local energy trading within communities. The company connects solar producers with consumers through a digital marketplace, enabling producers to sell excess solar energy directly to nearby buyers at fair prices (typically 20-40% above traditional feed-in tariffs) while consumers access renewable electricity at rates 10-20% below standard utility prices. UPGRID manages all billing, metering, contracts, and administrative tasks. The platform operates within Switzerland's Local Energy Communities (LEGs/Lokale Energiegemeinschaften) framework, which becomes fully legal in 2026. UPGRID serves both residential consumers and SMEs, with no installation requirements for consumers and no upfront costs for renters or homeowners without solar systems.
Headquarters
Baar, Switzerland
Founded
2024
Company Type
Private
Business Models
Value Chain
Service Regions
Switzerland