Australian families are turning to battery storage to beat rising power prices

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Reposit Power has today acknowledged the Federal Government review into retail electricity prices, but said that many Australians have already installed solar battery storage systems to beat the rising prices.

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PRESS RELEASE

Reposit Power has today acknowledged the Federal Government review into retail electricity prices, but said that many Australians have already installed solar battery storage systems to beat the rising prices.

Reposit Power CEO, Lachlan Blackhall, said many Australian families have added smart solar batteries to ease the pressure of rising power costs, but that the review will hopefully offer added relief.
“We have seen a massive boost to the solar battery industry as Australian families try to beat rising power costs by installing smart solar systems,” Mr Blackhall said.

“Last year the Australian Energy Market Commission reported that electricity prices rose by an average of 4.4 per cent, and they predicted that they would rise again this year by 2.7 per cent.

“The review into retail electricity prices will hopefully help keep the household lights on and deliver cheaper prices to families, but many Australians are already reducing their power bills with smart battery systems.

 “Smart battery systems, such as Reposit, are making power use more efficient and reducing household power bills.

“We have had reports of Reposit customers reducing their power bills by up to 92 per cent in a year after installing a smart battery system.

“With Reposit, homeowners can also earn GridCredits, credit towards their next power bill, by taking advantage of the volatile wholesale electricity market.

“GridCredits are a world first energy storage trading system that are earned when energy is sold back to the National Electricity Market (NEM) or network utilities.”

For more information about Reposit visit repositpower.com
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1 Comment
  1. Greg Hudson 3 years ago

    Lachlan, if your are reading this, can you please point me to the page on your web site explaining how a grid credit is calculated, ‘when’ is one triggered (i.e. the minimum price), and how much power needs to be exported to earn a single $1 grid credit.
    The appears to be a lack of info on your site…

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