How does it work?
On days of peak-power demand (like when there is a heatwave and everyone wants to use their aircon at the same time), there is too much demand on the grid for energy which they can’t supply. These events can trigger the cost of energy to spike to a premium price on the energy market in order to be able to supply to the public.
This is where you come in.
As part of the Members Energy, Solar + Battery Members Plan, you will join a community of like-minded solar homeowners with solar batteries, creating a solar energy power plant, with the capabilities of powering homes (similar to how coal-powered plants do).
When these peak trade events happen, Members Energy will sell your stored energy on your behalf, at sometimes over 10-20 times the standard feed-in tariffs currently offered, making you much more money!
Don’t worry though, Members Energy won’t use all of your power! Member Energy will still keep reserve power in your battery for you to use, ensuring you are always better off as part of the energy plan.
In Summary, it’s like playing the stock market with your energy, but always winning as Members Energy trade when the market price is higher, and you have a minimum feed-in tariff guarantee.