UK energy storage and smart home specialist Moixa has this week unveiled a new ‘family-sized’ battery designed to help households take advantage of the growing number of time-of-use energy tariffs.
The company, which offers a range of smart home technologies designed to integrate energy storage and on-site renewables, said the new 4.8kWh ‘smart battery’ would help turn homes into ‘mini power stations’ capable of maximising revenue from the power they generate.
It said automated management of the battery would help customers slash energy costs and generate revenue by allowing customers to take advantage of new tariffs that reward people for powering their home or charging their electric vehicle when electricity demand is at its lowest.
Simon Daniel, CEO of Moixa, said the technology was designed to address a fast-growing market. “The next decade will see growing numbers of UK homes become mini power stations, generating and storing electricity, buying it when it is cheap and selling it back to the grid to support a cost-effective, low-carbon energy system,” he predicted. “We want to help customers take part in the smart power revolution and share its rewards. Our smart batteries know when it makes sense to buy energy and when to export it. They will soon know whether it’s better to charge your car battery or use it to power your home.”
The company said the new battery was its largest yet, providing significantly more storage than its existing 2kWh and 3kWh models. As such it is aimed at large families and big homes, or couples in smaller houses who are at home throughout the day.
“Solar and storage together can cut energy bills by up to 60 per cent,” the company added.
The battery is part of a wider push by the company to develop new smart home functionality. It is already involved in a number of trials to deploy solar arrays and storage units on a street-by-street basis to strengthen local grids and it confirmed this week it is also working on a new tool that will recommend the best energy tariff to customers based on their consumption patterns and their solar production.
In addition, the company has introduced AI-based software into its energy management systems that learn electric vehicle drivers’ patterns of use in order to help ensure the car is charged and ready when it is needed and optimise the use of solar power generated onsite.
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