Redefining Renewables with Think Energy CEO Michael Fallquist

Redefining Renewable household energy with 
Think Energy
Krista Greenaway

Krista Greenaway

Senior Writer

Michael Fallquist is an entrepreneur and businessperson who has been at the head of 9 different companies and is currently Chief Executive Officer at Think Energy, part of Energywell LLC. With a previous background in private banking, Michael Fallquist has an extensive portfolio spanning multiple different industries, making him an expert in finance, business, leadership and global energy.

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1. How Was Think Energy Formulated And Why Did You Choose To Get Into This Industry?

Think Energy was conceived with the idea of making clean, renewable energy simple, easily accessible, and affordable. Recognizing that electricity generation is one of the major contributors to greenhouse gas emissions, we envisioned an opportunity to make a significant difference. This drive led us to acquire Think Energy and foster our ambition to democratize renewable energy access.

2. What Changes Would You Like To Bring To The Industry?

We intend to be an important part of the global energy transition to renewable energy.  In addition to making renewable energy our default choice for consumers, we have proprietary technology that enables us to reward our customers to shift their electricity consumption from peak to off-peak periods when electricity on the grid is more renewable. 

3. How Do You Think The Industry Will Change In The Near Future?

In the near future, we foresee a remarkable evolution in the energy industry driven by advancements in green technology and an increased focus on addressing climate change. 

This transformation will be characterized by a widespread distribution of energy generation, empowering each household to become an independent energy hub. To adapt to this changing landscape, the industry will require cutting-edge solutions like our technology to enable customers to optimize their energy resources and actively contribute to a more sustainable future.

4. How Does Your Product Work?

Think Energy operates as a retail energy provider, offering electricity plans powered entirely by renewable energy sources. When customers sign up, they’re not just opting for electricity; they’re making a conscientious decision to contribute to a more sustainable future.

Part of this process now includes our work with One Tribe, where every customer that signs up protects 50 trees across forests worldwide.

protect trees with one tribe and think energy

5. What Problems Does Your Product Solve?

Our product tackles the dual challenge of accessibility and affordability of green energy. We enable customers to transition to a cleaner energy source at an affordable price, thereby making the choice to go green an easy and economically sensible decision.

6. What Do You Hope To Achieve With Think Energy In The Next 5 Years?

In the next 5 years, our primary goal at Think Energy is to empower as many customers as possible to become active contributors in the fight against climate change. We aim to achieve this by providing affordable renewable electricity options and leveraging our innovative technology to enable customers to shift their electricity consumption to off-peak periods when renewable energy sources are abundant. By helping customers become part of the solution, we can collectively make a significant impact in preventing climate change and creating a sustainable future. 

7. What New Ideas In The Industry Excite You?

The emergence of smart grid technologies and energy storage solutions is incredibly exciting. These innovations have the potential to revolutionize the way we generate and consume energy, transforming each home into a virtual power plant. 

8. What Are You Doing Right Now To Manage Your Environmental Footprint?

At Think Energy, we’re committed to reducing our environmental impact. We source 100% of our energy from renewable sources including wind, solar and hydro resources, thereby minimizing CO2 emissions and significantly contributing to our planet’s wellbeing. 

We also partner with One Tribe to directly improve our impact on the environment and give back to the planet. We believe in reducing CO2 in any way possible including supporting nature-based solutions to help us combat climate change. 

9. What Are Some Of The Problems You Face In This Industry?

Some key challenges include overcoming the perception that renewable energy is a luxury and has to be more expensive and is less reliable than traditional energy sources. 

10. How Does Think Energy Aim To Address These Problems And Make A Positive Impact?

Every customer who enrolls with Think Energy becomes part of the solution by protecting 50 trees through our partnership with One Tribe, purchasing 100% renewable electricity sourced from wind, solar and hydro resources and engaging with us through our technology to shift their electricity consumption from peak to off-peak times of the day. 

So far we have already protected over 1 million trees with new customers who have chosen to transition to clean energy and drive impact across both environmental sectors; renewables and forest management. 

Think energy 1 million trees protected

Michael fallquist ceo, think energy, green energy, renewable energy providers, eco friendly energy providers, sustainable energy providers for your home, sustainable household energy, future of renewables,

Eric currently works as an independent consultant at the intersection of nature and climate, focused on catalysing market and non-market solutions to drive the just transition.

He previously was Head of Product at Earthshot Labs, supporting nature conservation and restoration projects across the global south secure project finance. Prior to Earthshot Labs, Eric led nature-based carbon project development for Gorongosa National Park in Mozambique and founded the Carbon Cooperative, a global alliance of leading nature conservation and restoration practitioners exploring carbon finance. After serving in the Peace Corps in Mozambique out of university, he spent much of his 20s working in community-based conservation and ecosystem restoration efforts in Sub-Saharan Africa interspersed with two startup ventures as co-founder and CEO of a mental health tech startup and COO of a sustainable coffee company. Eric has a dual Masters in Environmental Engineering and Environmental Policy from Stanford University where he was a NSF Graduate Research Fellow and a BS in Environmental Engineering from Tufts University.

Alan is a risk management thought-leader, superconnector, and FinTech pioneer. His mission is to enable an Earth Positive economy which includes nature in global accounting systems.

Alan is Founder of Generation Blue, a venture studio dedicated to planetary game changers powered by exponential technologies. Previously, Alan established Natural Capital Markets at Lykke AG, pioneering blockchain based forestry and carbon backed tokens. Alan has over two decades of risk management experience advising global financial institutions, and was a founding member of the RiskMetrics Group, a JPMorgan spin-off. Alan is an investor and advisor to regenerative impact ventures, including TreeBuddy.Earth, Regenativ, and Vlinder Climate.

Lori Whitecalf made history when she became the first woman to be elected Chief of Sweetgrass First Nation in 2011. She served three terms of office from 2011-2017.  

Lori took a two-year hiatus from leadership to expand the family ranch and serve as the FSIN Senior Industry Liaison. She was re-elected on November 29. 2019 and again on November 30, 2021, as Chief of Sweetgrass. Chief Whitecalf practises a traditional lifestyle of hunting, fishing and gathering. She currently sits on the following boards: Saskatchewan Indian Institute of Technology, FSIN Lands and Resource Commission, Battle River Treaty 6 Health Centre and Battleford Agency Tribal Chiefs Executive Council, FSIN Women’s Commission.

Tina is the Chief Business Officer for MLTC Industrial Investments, the Economic Development arm of the Meadow Lake Tribal Council. She has a diverse background of experience. Having spent 15 years as a municipal Chief Operating Officer, 20 years involved in Saskatchewan’s Health Authority Board Keewatin Yatthe and 9 years with Northern Lights Board of Education. 

 

She continues as a Board Member with Beaver River Community Futures supporting small business development in her home region. Tina brings a wealth of experience in a variety of fields and many connections to the Indigenous communities of Northern Saskatchewan. In addition Tina holds a BA Advanced from the U of S, a Certificate in Local Government Authority from the U of R and is certified as a Professional Economic Developer for Saskatchewan and a certified Technician Aboriginal Economic Developer (TAED).

Tootoosis’ career spans 40+ years in HRM, political leadership, and Indigenous economic development, as a dedicated bridge builder and advocate for Indigenous causes.
As a key member of the Saskatoon Regional Economic Development Authority (SREDA) team since 2021, he develops strategies for the Truth and Reconciliation Commission final report and Call to Action #92.

He is a graduate of the First Nations University of Canada and a certified Professional Aboriginal Economic Developer. Spearheading various community initiatives while serving as a Chair of the SIEDN while directing ILDII and WIBF. Founder of MGT Consulting Tootoosis is based in Saskatoon, Treaty Six Territory.

Cy Standing (Wakanya Najin in Dakota) has a long and distinguished career including serving overseas as an Electronics Technician in the Royal Canadian Air Force, former Chief of Wahpeton Dakota Nation, former Vice Chief of the Federation of Saskatchewan Indigenous Nations (FSIN), past Executive Director of Community Development Branch of the Department of Northern Saskatchewan as well as an Order in Council appointment to the Federal Parole Board.  

Mr. Standing has served as a Director on many Profit and Non-Profit Corporate Boards, including serving as a Director for Affinity Credit Union with assets of over six billion dollars as well as IMI Brokerage and Wanuskewin and is currently a member of the One Tribe Indigenous Carbon Board.