#Australian homeowners guaranteed $0 electricity bills from challenger power retailer RSS Feed

Australian homeowners guaranteed $0 electricity bills from challenger power retailer

Bill shock has been eradicated for Australian homeowners, with $0 power bills and a 100% reduction in the cost of power the new normal, with the first sonnenFlat bills being received by customers this week. The first of which has been guaranteed to save more than $2,500 on electricity this year alone, thanks to a new frontier in battery power technology, reveals Natural Solar, Australia’s leading solar and battery installer. The technology has been developed by sonnen of Germany, the world’s biggest producer of solar-charged household battery storage systems.

Stephen Fenech, who was the first ever Australian recipient of the sonnenFlat system installed in late 2017, has received his first power bill since changing to this challenger retailer, with the final price of the bill totalling $0 for the 34.75kWh/day of power consumed.

Previously, this volume of usage in a one-month period would have equated to new electricity charges of $291.54. Instead, the next generation of power in Australia will see households like Fenech’s pay a simple monthly administration fee of just $40 and negating the need for costly grid connection services coupled with the ever-rising price of power.

Billed as the ‘utility of the future’ sonnenFlat is the first energy solution of its kind in Australia acting as both a home battery storage solution but also an energy retailer, giving it the ability to guarantee consumers’ savings.

Making up almost one-quarter of the global battery market, sonnenFlat provides an annual consumption allowance and no supply or network charges to each home for a small fixed monthly fee. This off-sets increasing electricity prices from traditional retailers, and ensures consumers are maximising the benefits of battery power in their home.

Given the power price hike that occurred in mid-2017, the Fenech family’s power bills were expected to skyrocket to $3,005.95 in 2018, based on usage over the past 12 months. With the Fenech family previously paying $2,457.56 for the cost of power in 2017, and $840.12 for the corresponding quarterly electricity bill last year, the
sonnenFlat system guarantees a total fee of only $40 per month for this household.

The sonnenFlat plan translates to a monthly saving of $210.49, an average quarterly saving of $631.47 and an annual total bill reduction of $2,525.88. Over the lifetime of the system, the Fenech household is expected to pocket more than $50,517.60.

“There’s been a surge of interest in the concept of battery power over the course of the past two years, with many consumers drawn towards technology innovation as well as the potential savings,” says Chris Williams, CEO & Founder of Natural Solar.

In the case of sonnenFlat, sonnen pays the residual power bill and in return the household pays a flat fee of $30, $40, or $50, depending on their energy usage, with sonnen taking all of the risk on future energy price rises. The Fenech household was previously paying $0.85 per day for a daily supply charge from the network to access power, with the price jumping by almost 10 cents to $0.945 from 1st July 2017, equating to $379.40 (including GST). The eradication of this daily supply charge through sonnenFlat means major savings available for consumers, coupled with risk-free solar and battery power and certainty against inevitable annual power and supply price-hikes.

“It’s refreshing to see a battery manufacturer and electricity retailer that is aligned with Australian households by providing $0 electricity bills, which is what our Natural Solar customers want. Ask most Australians and I doubt they will speak of their electricity retailer favourably. Our customers are head over heels with the concept and the proof is now in the numbers. From just $360 per year, sonnenFlat customers can both power their home and access the network, compared to a regular household who pays $379.40 for network access alone, before they even outlay a cent for their electricity usage,” says Mr Williams.

“sonnenFlat is a real game-changer for both savvy consumers and the battery industry; this technology means consumers are no longer at the mercy of unscrupulous energy retailers. It’s truly putting the power back into the hands of the consumer and guaranteeing them consistent savings; it’s risk free solar and it’s truly a win-win!” said Mr Williams.

For the Fenech household in Sydney’s Eastern suburb of Pagewood who last year, paid a quarterly average of $614.39, this is a drastic change for his current consumption of 34.75kWh which costs just $40 monthly and still manages to power his two-storey four-bedroom home, with three bathrooms, fully ducted air conditioning, a dedicated high-end home theatre system, 4K projector, four TV’s, two fridges, a large washing machine and dryer and a home office with multiple computers and four monitors.

Read full article at PV Magazine