What is Social Energy?
Social Energy is a smart energy trading network, supplying energy to UK properties at a price per unit, with an artificial intelligent twist. The Social energy network, unlike the big 6, is reliant on a network of domestic Solar Panel installations and battery storage customers across the UK. What’s more, as Social Energy is reliant on Solar PV (Photovoltaic) and Battery Storage Customers, it only distributes 100% Renewable energy. It is also fully compliant with the National Grid.
How Does Social Energy Work?
Unlike any other energy supplier, the “Social Energy Network” consists of solar panel installations, battery storage systems and an intelligent algorithm. Furthermore, their incredible AI technology lets Solar Panel owners store, trade and swap their generated solar electricity. Therefore, making sure none of it goes to waste.
If you own a Social Energy compatible Solar PV System with a Solar Battery, you will get access to Social Energy’s dynamic grid-trading platform. Through the use of Social Energy’s smart technology, your Solar System will automatically buy and sell your Solar energy with thousands of connected users on the National Grid.
Therefore by simply installing a Social Energy compliant system, you can not only help support the Social energy network by providing Solar Energy, but also earn. Through the use of the Social Energy app, you can track and maximise both your earnings and Solar savings. What’s more, this is all done wirelessly, meaning a permanent internet connection is required.
Grid Trading With Social Energy
With Social Energy, you are able to sell any excess Solar Energy generated. Either to other battery storage owners across the UK or to the National Grid and other homes. This is Grid Sharing. Grid Sharing is a great way to get paid for your excess solar energy, preventing green energy waste. Essentially the National Grid and your Solar batteries connect via a shared software. This software allows them to communicate and share your Solar energy. For this reason only certain Solar Batteries are compatible with the Social Energy Network.
When the National grid is demanding more energy than it is capable of supplying, they will pay Solar Panel owners for their unused generated energy. As a result, your domestic Solar PV Systems will automatically send energy to the grid. Sold only at the best possible prices. As battery storage is the most reliable, fastest transferring energy, with speeds up to a sub second. The Social Energy Network is always the fastest reacting power plant. As a result, making it a win win situation.
The Use Of Artificial Intelligence
But fear not. Social energy will not trade all your solar energy. By using machine learning, your Social Energy system is able to create a customer profile of your energy habits over a 90 day cycle and is able to use this information to know when it’s best to trade your energy. The Solar batteries come installed with a grid monitoring box, that is constantly sending data out to the Social Energy Cloud. This calculates your solar generation 24 hours in advance, factoring in weather forecasts. As a result, this makes it simple for the Social Energy Network to maximise both your earnings and savings.
Despite other factors also coming into play, such as fluctuating energy prices, the Social Energy’s Network is able to automate your trading around such factors. Thanks to Social Energy’s clever AI system, you don’t have to lift a finger, yet your batteries will always know when the best time is to charge and discharge. Making it essentially a self automated stock exchange system!
Who Are Social Energy?
Licensed by Ofgem and launched in 2018, Social Energy is the first Home Energy system trading solution. Built for Solar Panel and Solar Battery customers across the UK. Having recently won the customer service award from the Renewable Energy Association UK, Social Energy is well reputable for their effective platforms and excellent response times.
The self proclaimed “Energy Disruptors”, make it possible for Solar PV customers to make the most out of their Green Energy. As the most abundant energy source on the planet, solar energy has the potential to power the entire planet’s housing on good energy. With the grid currently being a mixture of both good and bad energy, social energy ensures that your home is always powered by good energy only. Unlike other utility providers, the Social Energy Plant is a virtual network.
Social Energy currently has over 6,000 customers, but is set to take on the Australian Solar market which already has 2.5 millions homes with Solar Panels installed. The CEO of Social Energy, Richard Smith, not only has global expansion on his mind, but is also looking at an expansion to smart electrical products for hot water heating and electric vehicle charging. So now is a good time to invest.
Is Social energy worth it? The Facts and Figures.
- Joining the Social Energy Network, can reduce your electricity bills up to 70% whilst giving you access to 100% renewable energy and extra income.
- The artificial intelligence-powered Social Energy Hub predicts energy usage patterns and the system identifies the energy sell rate 24-hours in advance. Providing customers with optimal, transparent information.
- The AI takes over 100,000 readings per annum to know when supply and demand do not correlate and when to store energy and when to sell your solar energy.
- The Artificial Intelligence has a trade prediction accuracy of up to 95% .
- The Social Energy Network has 600 Million Data Points per year. As a result, you can see why the Artificial Intelligent software is so successful.
How do I get a Social Energy System Installed?
Social Energy is only compatible with Solar Panel Systems that are Social Energy Approved. Solar Batteries that are Solar Energy compatible include the Duracell 6.5kWh Solar Battery and the 5.8kWh Solax Triple Battery. Here at Deege Solar, we indicate a Solar battery is Social energy compatible through the use of the “SE” symbol. To get a Social Energy System installed just follow these simple steps:
Book A Home Assessment and Survey
Social Energy may not be compatible for every household. In order to calculate whether or not installing a Social Energy system will benefit you, a survey must take place. Our Solar specialists, will be able to conduct a thorough home assessment. Providing you with a CAD design and a forecast of your savings, as well as answering any of your questions. We know Social Energy is the future of energy in the UK. That’s why Deege Solar have worked hard to become one of the few approved UK Sales Partners. Firstly, to book an appointment and to start your Solar Journey with Deege Solar, simply visit our contact page.
Getting Your Social Energy System Installed
Once you have agreed to your quotation, it’s time to get your Social Energy system live! Most importantly, Degee Solar and Social Energy will take care of the whole process. With fast installation times and helping you get familiar with the Social Energy app, you’ll connect to the Social Energy Network in no time. This way you can keep up to date with your Solar Panel system’s functionality, savings, energy bill and energy stock exchange. Switching your utility to Social Energy can take up to 28 days. However, once live your solar battery and hub will start trading and swapping, to earn you money.
Social Energy Installers
If you would like to find out more about getting a Social Energy System installed, Deege Solar is here to help. Deege Solar are nationwide accredited Solar panel installers. We have been installing Social Energy since the network was first introduced and love doing so! With the help of Deege Solar and Social Energy you can make and save money while also saving the planet. Get in touch today for your free Solar Panel Quote on 01322 479369.