Rule empire of the sun with home solar storage

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Source: Featured in Courier Mail Friday 12/02/2016

POWER bills could be torn up as more consumers go off the grid with the launch of new solar power batteries this year.

Queensland energy company RedFlow yesterday unveiled plans for their new residential batteries that allow homes to store solar power and tap into excess energy when weather takes a turn instead of relying on back-up energy from the grid…

BY JACINDA TUTTY

POWER bills could be torn up as more consumers go off the grid with the launch of new solar power batteries this year.
Queensland energy company RedFlow yesterday unveiled plans for their new residential batteries that allow homes to store solar power and tap into excess energy when weather takes a turn instead of relying on back-up energy from the grid.
It will mean power bills could become a thing of the past as homes and entire communities move away from coal-powered electricity.

“The one big issue with renewable is the intermittency of it,” chief executive Stuart Smith said.
“If you’re powering an application and a cloud passes over you immediately lose it, but if you have a way to store that energy it addresses that intermittency.

Mr Smith said it also opens the doors to more solar farms to power batteries which can then be brought back for residential
houses allowing people to live completely off the grid.

“One battery roughly the size of an airconditioning unit can power a whole house and you can put 60 together and connect them all for huge applications like powering a whole community or large mine site,” he said.

Using an “easy plug and play” solution, the batteries will be able to be connected to a house much easier than their current models that retail up to US$8800 ($12,400).

Details about the new battery prices and appearance will not be released until March and installations won’t be until June, but Mr Smith said interest had been overwhelming.

“We’re seeing substantial interest in the residential deployment of our batteries from our own shareholder base and, as advised at our AGM, we intend to offer shareholders a discount to support the initial phase of the product launch.”

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