Emerging technologies present new opportunities for both managing consumer bills and delivering against the government’s renewable energy targets. Indeed, increased inflation and uncertainty in the energy market following Brexit means that energy bills are on the rise.
At this year’s Grand Designs Show, Moixa is launching a new solar plus storage package - with finance options - that will protect consumers from rising energy prices and giving them access to the smart power revolution.
The package, targeted at homeowners, housing associations and other landlords, bundles a 2KWh Moixa Smart Battery with a 2KW, eight-panel solar photovoltaic system for an installed price of £4,995 including VAT. Moixa has been authorised by the FCA to broker credit arrangements to spread the cost of purchase; the only offer of its kind in the UK.
This technology is helping unlock the value of the UK’s solar power capacity and lower costs for consumers. It will allow typically £350 a year in electricity savings from their solar panels and battery and from feed-in-tariff payments. Customer savings are expected to grow over time. Electricity prices are forecast to rise 17% by 2020, and the introduction of smart tariffs from 2017 will allow customers with batteries to buy power from the grid when it is cheap for use at peak times.
We have been working with residents in Barnsley to help reduce household energy bills. This article in the Guardian explains how Moixa is involved with a project to help residents who are at home and using electricity during the day to maximise use of the power they generate from their solar panels. Some people with solar panels were saving up to 50% on their energy bills and we are hoping to demonstrate that batteries could take this as high as 80%.
We are Britain’s leading energy storage provider with batteries in more than 600 homes across the country, and we are working with councils and housing associations to reduce fuel poverty and cut carbon emissions. Giving consumers control over their energy consumption and the ability to store energy more efficiently is one major step forward to a future where energy need not be the deciding factor in one’s quality of life.