Up to 1000 homes across Victoria will be able to monitor and access their own power usage because of a new initiative funded by the State Government.
It is expected that households taking part can have their electricity bills reduced by up to 10% to begin with, and can use information, based on their electricity consumption, to decide whether energy storage is feasible.
Energy software developer Geli Australia, which set up its Melbourne office in March this year, has received $850,000 to develop this monitoring and control system through round two of the government’s New Energy Jobs Fund. The $3.18 million project will see Geli Australia work with global electronics manufacturer Flextronics to manufacture and install systems locally, giving residents access to their own power usage.
Households can use the system to monitor electricity consumption and solar production in real time, as well as monitor and control battery use. Minister for Energy, Environment and Climate Change Lily D’Ambrosio said this was “like having an energy expert in your own home”.
The project is expected to generate up to seven ongoing full-time jobs and more than 80 indirect jobs.
Victoria's share of electricity generated from renewable resources has increased from 4.8% in 2009 to 12% in 2014. Australia is forecast to attract $36 billion in renewable energy investments by 2020. To give Victorians a share in this, and help Victorians lower their power bills, the government is investing in this improved solar power monitoring technology.
The government's New Energy Jobs Fund offers grants of between $20,000 and $1 million to support new energy technology projects that will increase the uptake of renewable energy, reduce emissions, and assist community groups to develop their own projects.
More than 50 applications were received in round two of the Fund, resulting in 21 successful projects receiving over $6 million in grants.