Value generation | LIFEPOWR

FlexiO generates additional income through grid balancing.

The electricity grid must always be in balance, meaning that electricity demand and supply must always be equal.

With the increase in renewable energy, this challenge becomes more significant. At the same time, technological advancements allow controllable large consumers and batteries to make a significant contribution to addressing this challenge.

By adjusting your electricity consumption or injection to the grid when there is an imbalance, you help to balance the grid. This process happens automatically, without any action required from you, and in collaboration with other users of the FlexiO Community. As a result, you can achieve additional revenue.

LIFEPOWR aims to contribute maximally to enabling a climate-neutral energy system through the management of consumption and injection. That's why LIFEPOWR is only compensated based on the additional revenue generated. This approach aligns with the goal of promoting sustainable and environmentally friendly practices while ensuring that the system operates efficiently and effectively.

Within grid balancing, multiple services can be developed.

FlexiO can achieve additional savings through extra solar production

If you have a solar power installation that is larger than the capacity of your hybrid inverter, this offers new possibilities.

At times of abundant solar energy, FlexiO can partially store the energy in the battery and/or feed it back to the electricity grid. This can only be achieved by using FlexiO.

Thanks to FlexiO, you can harness the additional energy generated by your solar panels and use it in the most cost-effective way. This results in extra savings on your energy bill.

If negative electricity prices are predicted, it is possible to foresee capacity in the battery so that a maximum amount of energy can be stored. In that way injection into the grid at negative electricity prices can be avoided.

Negative electricity prices will occur more in the future. A correct dimensioning of the installation is very important.

FlexiO gets the most out of your energy tariff

By switching to a dynamic energy contract, FlexiO can effectively respond to various hourly electricity prices throughout the day.

FlexiO will choose to draw electricity from the grid when it is cheapest and inject electricity when it is most expensive. This process happens automatically without any action required from you and results in savings on your energy bill.

Existing energy tariffs:

Fixed Price: The price is set for a longer period (1-3 years). This tariff provides your with certainty, and for this, you pay a higher risk premium.
Variable Price: The price is not known at the moment you sign the contract. The tariff is fixed for a shorter period, e.g., 1 month or 1 quarter. For this, you pay a moderate risk premium.
Dynamic Price: The price is known one day in advance and is determined on an hourly basis. The risk premium charged is very low.

FlexiO takes the capacity tariff into account

FlexiO takes into account your monthly peak consumption.

FlexiO can choose not to increase this peak through smart charging or using the battery.

On the other hand, FlexiO can also decide to increase the monthly peak if the additional costs are outweighed by the benefits. For example, when there is an abundance of electricity available at advantageous prices to charge your electric vehicle.

This process happens automatically without any action required from you and results in savings on your energy bill.

The energy bill:

Your energy bill consists of three parts: energy costs, grid tariffs, and levies. The grid tariffs cover expenses for the construction and maintenance of the electricity grid. You pay them to the distribution grid operator through your electricity invoice.

Since January 1, 2023, the grid tariffs are partially billed based on your consumption, but also partly based on the capacity you use. The capacity you use refers to the amount of energy you consume at a specific moment. The portion of the grid tariffs billed based on capacity is called the capacity fee.