About Viridian Green Energy
Viridian Green Energy is a New York-based MLM company founded in 2009, focusing on green energy solutions through a network of independent distributors.
Their products primarily include energy plans and services designed to promote sustainability and cost savings for consumers. Distributors can earn through retail sales and by building teams under a Hybrid Binary/Unilevel compensation plan.
With a solid BBB rating of A- and a Trustpilot score of 3.9/5, Viridian Green Energy has a trustworthy reputation, although new distributors should be aware of the income concentration among top earners and monthly purchase requirements.
Pros and Cons
✓ Pros
- A- BBB Rating
This rating suggests that Viridian Green Energy has a solid reputation and responds well to customer complaints. - Decent Trustpilot score
With a score of 3.9 out of 5, many customers seem satisfied with their experience. - Hybrid compensation plan
The mix of binary and unilevel structures can provide multiple avenues for earning, both through sales and recruiting. - Focus on renewable energy
Selling green energy products can appeal to eco-conscious consumers, giving you a unique selling point. - Rank progression
As you sell more, you can advance through ranks, unlocking higher commissions and incentives.
✗ Cons
- Top earners concentration
The income disclosure shows that a small percentage of distributors earn the majority of commissions, which can be discouraging. - Monthly purchase requirements
To qualify for full commissions, you need to meet monthly sales quotas, which can strain finances. - High competition in the market
The energy market is saturated, making it tough to find new customers. - Initial investment needed
New distributors must purchase products upfront, which can be a barrier for some. - Income potential is limited
If you’re not good at recruiting or sales, your earning potential may be pretty low.
Verdict: Viridian Green Energy has some solid aspects, like a good reputation and a unique product line. However, the income structure heavily favors a small group of top earners, which can make it tough for most people to succeed.
Best for: This might be a good fit for someone passionate about renewable energy and who excels in sales. If you're not comfortable with monthly quotas or recruiting, it’s probably best to steer clear.
Risk Analysis
Viridian Green Energy shows a generally low risk profile. However, potential distributors should be aware of income concentration among top earners and mandatory monthly purchases for full commission eligibility.
Key Concerns
- High concentration of income among top earners moderate
Income disclosure indicates that a significant portion of earnings is concentrated among a small percentage of distributors. - Monthly purchase requirements to qualify for full commissions moderate
Distributors must meet monthly purchase thresholds, which can lead to unnecessary expenses if sales don't meet expectations.
Positive Indicators
- A- rating from BBB
The company has a solid A- rating, indicating a level of trustworthiness and customer satisfaction. - Decent Trustpilot score
With a score of 3.9/5, customer feedback suggests a generally positive experience.
Consumer Advice: If you're considering joining Viridian, make sure you understand the monthly purchase requirements. They can add up quickly. Also, keep an eye on how much you're selling versus what you're spending; not everyone makes it to the higher ranks.
Frequently Asked Questions About Viridian Green Energy
Is Viridian Green Energy a legitimate MLM company?
Yes, Viridian Green Energy is a legitimate MLM company founded in 2009. They operate out of New York, NY, and have an A- rating with the Better Business Bureau.
What products does Viridian Green Energy sell?
Viridian Green Energy focuses on green energy services. They offer renewable energy products, like electricity and natural gas, aiming to help customers switch to more sustainable options.
How much can you make with Viridian Green Energy?
Earnings with Viridian Green Energy can vary widely. Their income disclosure shows a concentration of earnings among top distributors, meaning most people might earn less than those at the top.
Are there complaints about Viridian Green Energy?
Some complaints do exist, primarily related to the compensation plan and the focus on recruitment. However, they maintain a Trustpilot score of 3.9 out of 5, which indicates mixed but generally positive feedback.
What is the compensation plan for Viridian Green Energy?
Viridian Green Energy uses a Hybrid Binary/Unilevel compensation structure. Distributors earn through retail sales and team-building commissions, with monthly purchase requirements to qualify for full commissions.
How much does it cost to join Viridian Green Energy?
Joining Viridian Green Energy involves purchasing products at wholesale prices, but the exact cost can vary based on what you choose. Be ready to invest in products to start earning.
What is Viridian Green Energy's BBB rating?
Viridian Green Energy has an A- rating with the Better Business Bureau. This reflects their commitment to resolving customer complaints and maintaining a good business reputation.
What are some alternatives to Viridian Green Energy?
If you're looking for alternatives to Viridian Green Energy, consider companies like Ambit Energy or Stream Energy. They also focus on energy services and have their own MLM structures.
Is Viridian Green Energy worth joining?
Whether Viridian Green Energy is worth joining depends on your personal goals. If you're passionate about green energy and enjoy sales, it could be a good fit, but be cautious about the income potential.
What is the risk level of Viridian Green Energy?
Viridian Green Energy has a low risk level according to their trust score of 85/100. However, like any MLM, success is not guaranteed, and it’s wise to do your research before diving in.
Compensation Plan
Plan Type
This is a Hybrid Binary/Unilevel plan. In simple terms, this means you can earn money in two ways: from selling products directly to customers and by building a team of distributors under you.
How Earnings Work
- Retail Profit: You buy products at a lower price and sell them at retail. The difference is your profit.
- Team Commissions: As you build your team, you earn commissions based on the sales your team makes.
- Bonuses: There are several bonuses available, like a Sponsor Bonus for bringing in new distributors, a Leadership Bonus for those at higher ranks, and even incentives like trips if you hit certain targets.
Qualification Requirements
- You need to meet a minimum monthly purchase to earn full commissions.
- To advance in rank, you also need to have a certain number of active members in your team.
Red Flags
- There are monthly purchase requirements, which can feel like a pay-to-play situation.
- Most money seems to come from recruitment rather than actual product sales.
Trust Score
89
/ 100
Low Risk
External Ratings
Flags & Notes
- Income disclosure shows top earner concentration
- Monthly purchase requirements apply for full commissions
