Social Energy: How It Works

Grid sharing, which the Social Energy energy trading platform is built on, is the term used to describe storage batteries that are connected and able to send energy between each other.

This decentralisation model reduces reliance on the big energy suppliers, while energy wastage is lessened by ensuring all solar energy generated is either used, stored, traded or sold.

The automated artificial intelligence system trades energy automatically, saving customers as much as 70% on their utility bills — but how does it work? We breakdown the mechanics.
Installation Of Solar PV Panels And Storage

For customers to take part in Social Energy they must already have solar PV panels and battery storage installed at their property, so they can generate and store solar energy.

Social Energy is partnered with battery brand Duracell to utilise its domestic 3.3kw batteries.

Once the go-ahead is given the installation of Solar Energy takes just one day to complete.

A grid monitoring box is added to the battery so the system can send data wirelessly to the Social Energy cloud — it then takes up to 28 days before the system is fully connected.

Another great feature of Social Energy is the battery’s ability to charge from the grid when wholesale energy prices are low, before storing the power to be used at a later date.

This means customers don’t have to buy energy from the grid when prices are high.