Solar owners with FIT can become cash positive from their energy bills.
Julian Wiley
Clean tech experience with 22 years in renewable energy. Founded and successfully exited numerous companies. Business career in Solar, Ground Source Heat Pumps, containerised Battery storage using Demand Side Response.
My parents bought solar at the height of the Feed in Tariff, consequently by adding a Social Energy connected battery on top of that, they make an actual net profit on their energy now every year.
They get to keep their feed in tariff, both the generation and deemed export components, all whilst using more than 50% of their solar generation in their home and benefitting from our grid trading tech. An old large stone house yet making ￡100’s of pounds p.a.
They have no need to worry about electricity price increases and love the fact they watch TV on zero pollution daylight energy .
They don’t need to change their behaviour to get this profit , because Social energy manage the energy around their life .
In their 80's yet logging on to the app daily to see how much they earned and saved !
OpenSolar Executive | Board Chair Empowered by Light | Advisor
4 年Fantastic example of reinventing the grid and turning former energy consumers into "prosumers".