Smart Batteries powering Zero-Bill Homes

Smart batteries, powered by artificial intelligence (“AI”), are revolutionising the way households experience energy by intelligently optimising the energy consumption, generation and storage of the entire home to make zero-bill homes a reality.

How to Make Every Battery a Smart Battery

Any home battery can be transformed into a smart battery when connected with AI algorithms that can:

Analyse weather forecasts, energy consumption patterns and electricity prices to forecast the household's daily energy needs and solar production, and optimally plan the battery's charging and discharging schedule.

This smart battery management unlocks additional energy bill savings from the battery installation to the point where the home's monthly bill drops to zero.

A Day with a Smart Battery

Consider Emma's home. It has been fitted with a 5kW solar PV system, a 10kWh home battery and a heat pump. Emma is on a half-hourly electricity tariff ('Octopus Agile') and can reduce her bill by consuming energy during hours of really cheap electricity.

Below is an illustration of how the AI algorithm orchestrates Emma’s battery throughout the day to maximise her bill savings:

Based on weather forecasting and historical consumption data analysis, the algorithm ensures the battery charges during the cheap night hours, making sure that there will be enough energy for the morning heat pump usage.

The battery’s remaining energy and any excess solar generation are exported to the grid to maximise profit from high electricity prices. This strategy is based on forecasts of sufficient solar generation in the afternoon, ensuring the battery will fully charge from the sun.

Discharges the energy from the battery to cover all household consumption during the evening when electricity is at its highest price. This ensures the household operates only on stored energy, avoiding the most expensive electricity from the grid.

As a result, electricity from the grid was used mainly to charge the battery during the cheapest hours, and the costs incurred were entirely offset by income from selling excess energy back to the grid at peak prices, reducing Emma’s daily bill to zero.

Smart Battery Benefits

For battery owners:

• Bill savings: Additional bill reductions leading to higher return on investment and shorter payback on battery purchase

• Personalised Optimisation: Battery charging strategy tailored by the algorithms to fit the household needs

  
  

For energy companies:

• New revenue streams: Generate revenue from new, high-margin services such as Home Energy Management and predictive maintenance

• Grow customer loyalty: Strengthen customer relationships by minimising customer bills and making the purchase of batteries more affordable

• Demand Flexibility Service: Earn income by providing grid balancing services with smart batteries to help stabilise the grid (Virtual Power Plant)

How to Get Started

Electryone AI enables energy companies like energy retailers and hardware installers to transform their fleets of home batteries into smart batteries and unlock significant bill savings for their customers.

If you’re keen to learn more, feel free to reach out.