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.
“However, Queensland households aren’t the only ones who can earn GridGredits.
“GridCredit events typically happen in heatwaves, cold snaps, or in times of drought.
“With more extreme weather events predicted, and as more households adopt renewable energy, GridCredit events will happen more often.
“While the Grid is designed to deal with extreme weather, the longer an extreme weather event occurs, the more pressure it puts on the system, and as a result electricity prices increase.
“With Reposit, households can use this to their advantage by selling energy back to the NEM and earning GridCredits.
“Reposit can provide some relief to households from the current heatwave by lowering the cost of their electricity bill.”
For more information about Reposit visit repositpower.com
Despite the promised riches from Australia's east coast gas export gambit, new report finds main…
A teen-founded lobby group backed by Dick Smith has ramped up its social media advertising…
Despite an emerging La Nina bringing cooler conditions to the tropical Pacific, last month has…
French renewables giant adds massive new wind farm into race to become Australia's first to…
Korean industrial giant unveils plans for a big solar and two battery project in NSW,…
Australia is ripe for renewable energy harvesting, yet our industry’s education and regulations are still…