SPECIALIZED Solar & Electrical’s Post

🌟 New Blog Alert! 🌟 We've just published a new blog post on the impact of the new demand power tariffs on Australian households. 📈💡 Discover how these changes might affect your electricity bills and learn about practical strategies to manage costs. From shifting energy use and upgrading to energy-efficient appliances to leveraging solar power and battery storage, we've got you covered! Don't miss out on valuable insights and tips to navigate these changes effectively. Read the full blog post here:https://bit.ly/4bXNlXn Let's work together towards a sustainable and cost-effective energy future! 🌿🔋 #EnergySavings #DemandTariffs #SolarPower #BatteryStorage #EnergyEfficiency #RenewableEnergy #SustainableLiving #GreenEnergy #ElectricityCosts #HouseholdTips #EnergyManagement #EcoFriendly #SolarSolutions #EnergyStorage #Sustainability #ElectricityBills #SolarEnergy #SmartEnergy #SpecializedSolar #EnergySolutions

Fixed or Flex? With energy prices constantly fluctuating, choosing the right tariff could make or break your business’s energy budget. Fixed tariffs provide stability, locking in rates and shielding you from market spikes, while flexible tariffs offer the chance to capitalise on falling prices - but with the risk of increases. For businesses seeking predictability, fixed rates might offer peace of mind. But for those willing to adapt, flexible tariffs can bring long-term savings. Which is the best approach for your business: stability, or the potential for savings? Read our latest blog to help you decide 👇 🔗 https://lnkd.in/eevYytkY #Energy | #EnergySavings | #EnergyTariffs | #FixedTariffs | #FlexibleTariffs | #BusinessEnergy | #EnergyCosts | #SmartEnergy | #EnergyEfficiency | #Sustainability

Best practices to help you choose business energy tariffs

With energy prices constantly fluctuating, choosing the right tariff could make or break your business’s energy budget. Fixed tariffs provide stability, locking in rates and shielding you from market spikes, while flexible tariffs offer the chance to capitalise on falling prices - but with the risk of increases. For businesses seeking predictability, fixed rates might offer peace of mind. But for those willing to adapt, flexible tariffs can bring long-term savings. Which is the best approach for your business: stability, or the potential for savings? Allow our latest blog to help you decide 👇 🔗 https://lnkd.in/eevYytkY #Energy | #EnergySavings | #EnergyTariffs | #FixedTariffs | #FlexibleTariffs | #BusinessEnergy | #EnergyCosts | #SmartEnergy | #EnergyEfficiency | #Sustainability

‘Thousands on costly energy tariffs with auto-switching.’ A report submitted to energy regulator Ofgem by Octopus Energy suggests that as many as 20,000 households might have been moved to costly energy tariffs through auto-switching services. #electricityandgas #electricitygeneration #energycrisis #energydemand #energydemand #energyconsumption #energysupply #energysupplier

Check out the latest blog from Verse VP of strategy Shehzad Wadalawala about green utility tariffs, the various forms they come in, and which one might be right for your business. https://lnkd.in/grrnjCRV #sustainability #renewableneergy #utilities

Adelaide's electricity dilemma: Why residents pay the most despite renewable abundance   Research by Energyse confirms what many South Australians already know: they're paying the nation's highest electricity prices. This is a troubling paradox, especially considering the state's leadership in renewable energy—a power source meant to be both cheap and plentiful.   Stories like Angela's, featured in this Australian Broadcasting Corporation (ABC) article, highlight this issue. Energy tariffs, designed for a fossil fuel-dominated grid, are a key culprit. Current time-of-use tariffs encourage overnight energy consumption with lower prices, then penalise daytime use with peak rates—precisely when cheap renewable energy floods the grid.   When Angela was switched to a time-of-use tariff without clear guidance, she did what most Aussies would do: "I [didn’t do] anything differently," leading to a surprise bill shock. This underscores the need for better consumer education around energy habits and tariff designs that align with renewable energy variability.   Premier Peter Malinauskas has done tremendous work positioning South Australia as a renewable energy powerhouse. The next step is a collaborative effort between the government and energy solution providers like EnergyFlex to give consumers the tools and knowledge they need to thrive in this new energy landscape. The key to unlocking the benefits of renewable energy lies in adapting energy habits to use more energy when renewables are abundant and less when they’re not, and incentivising this behaviour.   EnergyFlex can help consumers navigate this journey. Our FREE tool empowers households and businesses to change their energy habits, significantly reducing both costs and their carbon footprint. If anyone knows Angela, please put us in touch; we'd love to help her reduce her bills! 👉 See the Energyse research here: https://lnkd.in/gb4Sw3DZ 👉 Learn more about EnergyFlex at www.energyflex.com.au. CC: Louis Fredheim, James Wakelin, Energy Consumers Australia. #RenewablesReady #EnergyFlexibility #EnergyTariffs

We recently shared some insights with pv magazine Global about our research which underscores the critical importance of incentives and education in driving the adoption of flexible EV tariffs across the UK. As we transition towards a more sustainable future, empowering consumers with the right tools and knowledge is essential.   This analysis is a significant component of our work under Project FLASH for The Department of Energy Security and Net Zero (DESNZ), where we collaborated with EDF and Landis+Gyr to explore and implement innovative solutions that make flexible tariffs more accessible and beneficial for homeowners.    Our findings highlighted that consumers are more likely to embrace flexible tariffs when financial incentives are paired with clear education. It’s all about helping people understand how their choices can impact grid stability, reduce system costs, and contribute to a clean energy future.   The research, also included a focus group session, which showed that customers are keen to learn about the benefits of these new technologies but need the right information and support to make informed decisions.   Check out the full article linked below to see how our work is helping to create more informed and engaged energy consumers 🔗 #evtariff #energytransition #evs

I am thrilled to announce the publication of our paper entitled "A data-driven methodology to design user-friendly tariffs in energy communities" in the #Electric_Power_Systems_Research journal. This paper discusses the potential of energy communities for local power trading and the importance of designing stable and user-friendly local electricity tariffs. It highlights the need for proper tools to develop these tariffs, focusing on stable yearly designs and considering the effects of response fatigue. The approach leverages real data and a bi-level Stackelberg-based problem to address prosumer reactions, and includes an analysis of various tariff mechanisms and their impact on energy communities. As one of the co-authors, I extend my sincere thanks and appreciation to other co-authors for their invaluable contributions and commitment to our collaborative work. Your dedication has been instrumental in the success of our endeavors, and I am truly grateful for the opportunity to work alongside such exceptional colleagues.   Please check out the below link to read the full paper: https://lnkd.in/eQEHhMw7 #Electricity_market #Electricity_tariff #Energy_community #Response_fatigue #Stackelberg_game #Real_time_pricing #Battery_energy_storage #Renewable_energy #Microgrid

Accelerating the transition to clean, renewable electricity is vital to combating climate change. The concept that we call a 24/7 carbon-free electricity transition tariff can address #energytransition challenges while driving sustainable growth.   https://bit.ly/3vpIGNF   Unlike conventional green tariffs, a 24/7 transition tariff goes beyond annual matching, seeking to ensure hourly provision of carbon-free electricity. This innovative approach reshapes the landscape of renewable energy adoption, setting new standards for #sustainability.   The path forward to a carbon-free grid comes with its challenges, but we’ve developed five fundamentals of 24/7 transition tariffs that offer a clear way forward. From accurate emissions tracking to fair rate design, these principles underpin the success of transition tariffs.   Integration is key to unlocking the full potential of transition tariffs. 24/7 tariffs could see a widespread adoption by being seamlessly combined into utility planning and operations. This approach fosters collaboration and maximizes impact, propelling us toward a cleaner, more resilient grid.   Today’s launch is a summary of best practices for 24/7 transition tariffs. Stay tuned for a companion technical paper where we delve deeper into their transformative potential. Authors: Carl Linvill, Shawn Enterline, David Farnsworth, Camille Hensler Kadoch, Mark LeBel, and Nancy L Seidman.