Energy Escrow Service
A financial mechanism where consumers pay into an escrow account that is only released to the energy provider after independent verification of the promised energy source. This provides a financial incentive for providers to be truthful and protects consumers from fraudulent claims, mitigating losses in case of collapse
Future Scenarios that inspired this product idea
Blockchain-based 'energy provenance' platforms guarantee the source of electricity to consumers seeking transparency, however, these platforms could be hacked and misused as deceptive marketing.
Extrapolated from Trump’s New Energy Policy Kills Electric Vehicle Credits, Paves Way for Old Lightbulbs and High-Flow Toilets - Gizmodo.com