How this Queensland family slashed their power bill to $22

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The $5.7 million Project Shield is attempting to give electricity network companies better visibility over ‘behind-the-meter’ resources like solar panels, batteries and electric vehicles.

next week, thousands of Australians have taken matters into their own hands.

“It was a very simple choice to do this. Because of the finance deal it makes it an absolute no-brainer,” he told“The data from our inverter shows our house consumes virtually no power and most nights we are not consuming grid power because we are drawing the battery down.” Using a new data-driven approach, a trial of 2000 households in Queensland and NSW is allowing a consortium of energy companies and researchers access to the data from smart devices ranging from inverters, to batteries and “smart meters”.

“The network is currently not capable of managing those flows of energy from consumer rooftop solar,” he said. Another project participant, GridCube, uses an algorithm that transforms data that can help networks better serve their customers.

 

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Just being connected to the grid is much more than $22.

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