To join Social Energy you must own a property, own a freehold or leasehold interest, or own a rental property, while you must have acquired required approval for domestic solar.
Social Energy is a new energy trading platform for solar PV panel and battery customers.
We look at the equipment required to get started and join the Social Energy revolution.
Through Social Energy, customers can store their solar energy, sell it to other customers or export it to the National Grid — all without the influence of the ‘big six’ energy companies.
All of this trading is automated so that customers get the best prices for their stored energy.
By exporting or trading, customers can earn money and reduce their domestic electricity bills, all while using only 100% renewable energy generated within the grid-sharing network.
To join Social Energy you must own a property, own a freehold or leasehold interest, or own a rental property, while you must have acquired required approval for domestic solar.
Social Energy is a solar energy trading platform, which means all customers require a solar photovoltaic panel (PV) system with solar panels that turn sunlight into usable domestic energy.
Social Energy works with approved solar 3kW storage batteries, which are connected wirelessly to other approved batteries across the grid-sharing energy network.
Once the batteries are all wirelessly linked, Social Energy creates a power station in the sky.
Project Solar is the first company that’s fully compliant with National Grid’s dynamic frequency response service, with Duracell batteries providing balancing services to the grid.
All customers must have a smart meter or get one installed so that Social Energy can access meter data every half an hour and get up-to-date energy import and export readings.
If new customers don’t have a smart meter Social Energy will install one free of charge.
A smart hub must be installed at the property which, along with the solar panels, battery and smart meter, must be approved by one over 500 accredited Social Energy installers.
A compatible Smart Hub enables Social Energy to operate the approved battery and so the exporting and trading of stored solar energy can take place across the connected network.
The Social Energy smartphone app is free to download and enables customers to monitor their energy usage, exports and energy trades right from the palms of their hands.
Users can monitor millions of up-to-date data touch points from anywhere in the world to maximise their investment and savings through the Social Energy wireless energy network.
The app displays 600 million data points per year with a 95% AI trade prediction accuracy.
Social Energy is an AI powered platform and energy storage platform where customers can reduce their electricity bills by up to 70% and use only 100% renewable solar energy.
Enquire today and arrange a home assessment and survey from an accredited assessor.
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*Your actual savings will depend on many factors that are subject to change and impossible to predict with certainty. These factors include: the design and performance of your solar PV array, how you use energy in your house, prevailing market and regulatory conditions that aect electricity prices and the accessibility of grid trading services. As an illustration, you could reduce your eective electricity bill by 70%, or £274, by installing a Social Energy battery alongside an existing solar PV system. These total savings are based on a property in the OX17 area with an annual electricity consumption of 3100kWh (Ofgem medium TDCV) paying a unit rate of 16.07p/kWh (excluding the standing charge), annual solar generation of 3940kWh, and solar self-use of 20.7% resulting in an electricity bill (excluding standing charge) of £366. Year 1 benefits totalling £274 are achieved by fitting a 3kW/4.5kWh battery that reduces import of energy from the grid and credits from grid trading. The reduction is therefore 100% x £ 274 / £366 = 74.9%. In order to benefit fully from these savings, you must have your energy supplied by Social Energy, a smart meter (2nd generation ) installed in your property providing half hourly readings, up to date payment made by a variable Direct debit, and all of this managed through your online account – so you will need to be able to access digital channels to manage your account validation for original electricity bill calculation if existing solar installation (bill plus calculated solar saving, what variables involved etc. and their unit price) All figures correct as of April 2019.