Solar Insiders - a Renew Economy Podcast Making money out of home batteries
Sep 28, 2023
Tim Barson from Amber Electric, a leading voice on renewable energy solutions, dives into the booming world of home batteries. He reveals how these batteries are not just storage systems but money-makers for homeowners. With innovative pricing models, he explains how to turn rooftop solar into cash flows and navigate energy pricing challenges. The discussion touches on the importance of reliable systems and consumer education, while highlighting the exciting future of energy storage amidst rising electric vehicle adoption.
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Rooftop Solar's Rise
- Rooftop solar is surging due to rising electricity bills, making it a key focus.
- Consumers are now also considering battery storage as a potential investment.
Ausgrid Trial Success
- An Amber Electric customer in the Ausgrid trial reported daily profit with the two-way tariff.
- The trial involves penalties for exporting solar at peak times and high rewards during peak demand.
Optimizing Solar Export
- Use timers and automation to self-consume solar when grid export is less valuable.
- Consider curtailing solar export to avoid penalties during peak solar production.