Clean Energy is Life
BURN designs, manufactures, and distributes aspirational fuel-efficient cooking products that save lives and forests in the developing world. BURN has revolutionized the global cookstove sector by proving the business case for selling a high quality, locally manufactured and unsubsidized cookstove - known as the 'jikokoa' - that retails for $40, saves households ~$200/year and offers a 2-3 month payback period. In the last two years, Kenyan consumers have spent more than US$3.7 million to purchase 103,000 jikokoa cookstoves. These stoves have helped consumers save 272,000 tons of wood and more than $11.1 million in reduced fuel costs.
BURN's innovative finance partnerships with M-KOPA and Equity Bank (Kenya's largest bank) allow families to purchase a jikokoa for ~US$0.44 per day and save US$0.50 - 0.60 per day, so the jikokoa pays for itself from the first day of use. The jikokoa is currently M-KOPA's and Equity Bank’s top selling product.