Electricity retailers
Synergy
Key points
3 times your energy costs (tariff) for energy exported from your battery to the grid during a VPP event (minimum payment of 97c/kWh).
Costs
After an event you will draw power from the grid overnight (at the overnight rate). Maintain system at your cost. Provide an internet connection to the equipment.
Customer benefits
Will pay your charging costs + a bonus for any electricity discharged: the bonus amount is limited to a total of $250 pa. (website: Minimum of $0.97 per kWh discharged during an event). $1500 off a Plico installed system.
Approved batteries
AlphaESS, Redback, Sigenergy
Approved inverter
AlphaESS, Redback, Sigenergy
Limitations
"A minimum of 5% is usually reserved to protect the battery." Max 4 hours discharge during an event. Household energy priotised during an event. No drawdown if there is a blackout during an event.
Discharge limits
Usual minimum 5%
Termination terms
Your own equipment: 3 months notice from you, 1 months notice from Plico, $250 exit fee if you terminate in first 5 years. Plico installed equipment: 2 months notice. You must refund the installation discount: first 2 years $1500, 3-5 years $1000, 5-10 years $750.
Terms and conditions
Not online, emailed copies in test directory
Privacy policy
plicoenergy.com.au/privacy-statement
