MICROGRID PLATFORM
Optimizing Electricity Usage Through a Microgrid Platform
MICROGRID OVERVIEW
Microgrids enable off-grid electricity usage with minimized risks. As a member of a microgrid, you can buy and sell electricity with other members, as well as store additional electricity in a shared battery. Energy is produced through solar panels installed on a roof or other outdoor area.
MICROGRID VS. CONVENTIONAL
Microgrids protect members from power outages by providing an off-grid alternative. Electricity costs are typically reduced as power is generated by solar panels and shared among members. If demand exceeds supply within the microgrid, the electricity from the conventional grid can always be tapped into.
BRIDGING FINANCIAL CHALLENGES
Conventional microgrids require a high upfront capital cost to cover electrical inverters and switches. Eco-Solar's revolutionary electricity price prediction algorithms lower microgrid costs by purchasing electricity from the grid during off-peak time intervals. This results in an overall reduced payback period.