Inspire Energy Holdings, LLC

About Inspire Energy Holdings, LLC

Inspire Clean Energy is a competitive retail electricity supplier marketing 100% renewable plans, sourced via Renewable Energy Certificates. Founded in 2014 by Patrick Maloney, it was acquired by Shell in 2021 and then by Rhythm Energy in June 2025.

Ownership timeline

Documented corporate events. Each entry links to a primary source.

1. 2014
   Inspire founded in Santa Monica, CA by Patrick Maloney. [source]
2. 2021-07-27
   Shell New Energies US LLC announced an agreement to acquire Inspire Energy Capital, LLC. [source]
3. 2021-09-15
   Shell completed the acquisition of Inspire; Inspire became a wholly-owned Shell subsidiary while retaining its brand. Inspire reported ~235,000 residential customers at close. [source]
4. 2022-03-08
   Brad Bentley named President & CEO, succeeding founder Patrick Maloney. [source]
5. 2025-06-13
   Rhythm Energy, Inc. acquired Inspire Clean Energy from Shell. Terms undisclosed. [source]

Track record

Documented regulatory actions, litigation outcomes, and major corporate events. Each entry is sourced. Pending matters and unresolved allegations are not listed.

• regulatory
  2023-09-05

  Ohio PUCO: Inspire Energy Holdings agreed to a $160,000 civil forfeiture to resolve allegations of providing misleading or deceptive statements to customers and fraudulent enrollment activity by some sales representatives. Inspire agreed to stop marketing Ohio consumers in monthly subscription plans with low introductory trial rates without first notifying PUCO Staff. The settlement was adopted in 2023 but reopened on rehearing in February 2024 with PUCO ordering a new evidentiary hearing. [source]

• regulatory
  2024-11-12

  Pennsylvania Office of Attorney General: Inspire Clean Energy agreed to pay $250,000 total ($150,000 to consumer restitution) to resolve allegations that representatives told consumers they were participating in a survey or signing up for a mailing list when they were actually being enrolled in Inspire's energy services. Inspire agreed to obtain express informed consent prior to enrollment. [source]

Rate history

Inspire Energy Holdings, LLC's lowest fixed and variable rates over time, broken out by territory.