Plico

Plico is an Australian company specializing in solar energy solutions, focusing on the integration of solar panels, batteries, and inverter technology to promote energy independence for both residential and commercial clients. Plico operates in the renewable energy sector, primarily providing solar energy solutions. Founded in 2018 in Perth, Australia, the company has grown to focus on solar and battery installations. In December 2025, Plico raised AUD 35 million in venture funding from CEFC, marking a significant investment in their efforts to enhance their service offerings.

The company's founder, whose history is not explicitly documented, has likely contributed to shaping Plico's direction and strategy. Plico specializes in integrated solar energy solutions, offering a combination of solar panels, solar batteries, and inverter technology to enhance energy independence for residential and commercial customers. Their flagship product is a 20 kWh solar plus battery system, which allows users to harness solar energy during the day and utilize stored power at night, reducing reliance on grid electricity. Plico also uses Virtual Power Plant (VPP) technology, enabling customers to generate and contribute energy back to the grid, thereby enhancing the sustainability of the energy ecosystem.

The company's primary customer base includes homeowners and businesses across Western Australia and New South Wales, capitalizing on available government rebates and incentives. Plico's revenue model relies on direct sales of solar energy systems and associated services, engaging in both retail and wholesale transactions. Customers typically enter purchase agreements and financing options, allowing access to solar installations without substantial upfront costs. The pricing structure features competitive financing terms, with monthly fees for equipment and installation spread across three to twelve years.

Furthermore, Plico benefits from government rebates tied to solar installations, supporting affordability for customers. This model underpins a stable revenue stream while aiding customers in transitioning to renewable energy solutions. In December 2025, Plico raised AUD 35 million in funding from CEFC to support its growth initiatives. The company plans to utilize these funds to expand solar and battery installations across Australia and accelerate the adoption of virtual power plant services.

By targeting new markets and enhancing its product offerings, Plico aims to strengthen its position in the renewable energy sector.