Energy Matters is proud to partner with Powow; an innovative Australian solar business that provides an end-to-end online service for customers and retailers.
Powow provides customers with a simple and affordable way to install solar and battery storage via fixed monthly repayments. Powow provides the solar system, battery storage, ongoing maintenance and monitoring, and a 100% money-back guarantee for performance via their Powow PPA.
Imagine your home is connected to a network of homes with batteries that provide the network power stored in the batteries when required. Imagine being paid a premium for the power you export to the grid from your battery.
This is a Virtual Power Plant and Powow’s VPP software provides the means with ease.
With absolutely no startup or ongoing fees, joining the Powow VPP is easy and a way to make some extra money from the energy stored in your batteries.
The upfront cost of installing solar plus battery storage is usually the number one reason why many homeowners are dissuaded from making the switch.
The Powow PPA removes the upfront costs, provides an affordable and fixed monthly payment plan, and gives you peace of mind that your system will perform as expected and provide your bills a welcome reprieve!
Powow PPA plans allow you to choose the solar system and battery you want. Your system will be installed by a Powow trusted installer and will be backed up with a 100% performance guarantee. This guarantee ensures that you will be compensated for any time period that your system is not producing as expected. Powow will repair or replace your system at no cost to you during the duration of the PPA.
Begin your solar journey today!
Put your battery to work by joining Powow’s VPP! The VPP provides you the opportunity to earn $0.45kWH for the energy you export to the grid – this means that you will earn more and pay off your battery faster.
There’s no upfront or ongoing fees, you get to choose the retailer you want, there’s no cancellation fees, and you can view VPP events in real time via the Powow app.
Join the Powow VPP today and start earning!
Solar and batteries can be a hard sell. The upfront costs for battery storage are often the restrictive barrier for would-be customers. The Powow PPA plans provide an affordable package for your customers with the benefit of the system being cashflow positive from day 1.
Benefits of Powow PPA:
Combining the Powow PPA with the Powow VPP is a fantastic product for your customers.
The Powow VPP provides your customers a fixed rate of $0.45kWh for the energy they export to the grid during VPP events. This will mean that your customers will see a return on investment faster than battery storage alone.
The benefits of Powow VPP:
The Powow VPP will provide your business a competitive edge at no risk to you.
Every home and business has it’s own individual and unique needs. The price of your system and battery will be determined by the size, brand, model, components required, and installation needs. As such, we are unable to provide a price guide.
Your Power Purchase Agreement will include the solar system, battery storage, installation, monitoring, servicing, and performance guarantee.
Your system will be provided a manufacturer’s warranty for the components and an installation warranty. Powow will repair or replace any components as required.
Powow provides a 100% performance guarantee so if your system is not producing as expected, you will be compensated for every day that it does not produce until it has been fixed.
The monthly repayments are fixed for the duration of the Powow PPA plan.
You are free to fully pay off the system at any point during the Powow PPA plan. To get the buyout price, you just take the cost of the system when you signed up and take 10% off each year you are on the Powow PPA plan.
You can either buy the system outright for $1 or you can continue on the Powow PPA plan by extending it into a continuing plan at that time.
If you wish to add to, or upgrade, your existing system on a PPA plan you do not need to complete a new application. Notify Powow and will they be able to upgrade your system and alter the monthly repayments.
Powow partners with trusted local installers who install and maintain the systems for their customers.
Powow PPA plans consist of a solar PV system + a battery storage system. ShineHub do not have solar only plans.
The Powow PPA plan has fixed term of 10 years.
There are no upfront costs for the Powow PAA plans.
The Powow PPA plans are available to Powow Finance approved customers only. You must own your home to apply.
A VPP requires that your home is connected to the grid.
When the sun shines, your home solar system will charge your battery.
When the grid requires it, such as on a hot day and the grid is under stress, the ShineHub software will automatically export energy stored in your battery, along with other batteries connect to the VPP in your area, to assist the grid.
You are paid a premium rate for the energy you export to the grid.
You will be able to view the energy exported via the Powow app.
All the battery products that Powow supplies are compatible with our VPP. To be eligible to participate in the VPP, you must have a compatible battery inverter/battery setup, be located in NSW, VIC, SA, or QLD, and have a home internet connection that the battery is connected to.
There are no establishment, ongoing, or cancellation fees to participate in the Powow VPP.
If you purchase a battery via a Powow promotion that has terms and conditions that require you to participate in the VPP, there may be a requirement to pay back a portion of the discount should you choose to leave the VPP before the end of the contract.
You will receive $0.45 per kWh exported to the grid during a VPP export event. This is considerably greater than the average Feed-in Tariff rate of 0.06/kWh.
You will be provided a secure login to the Powow VPP portal that will display the data of any VPP event that your battery participated in. You will be able to provide your bank details directly to Powow who will make direct payments to your account.
VPP events occur when the grid requires additional power. As such, there is no guarantee that you will be required to provide energy to the grid, thus no guarantee can be provided that you will make money.
VPP events are on an as-needed basis and, therefore, there is no guarantee as to how often your battery will participate. Based on Powow extensive data, they estimate that your battery is likely to participate in 2 events per week.
The average Australian Feed-in Tariff is $0.06/kWh. In the event that your battery storage is fully used during a VPP event, you would have benefitted from a premium rate of $0.45/kWh. The average electricity rate when drawing from the grid is $0.25kWh. So if you will have made a profit, even if you have to draw from the grid instead of using your stored energy!
Powow is retailer independant, which means that you are free to use the retailer of your choice!