By digitally matching specific electricity generators’ output to specific customers’ consumption for each half hour, Sitigrid’s technology platform and legal solution can unlock significant value which can be shared amongst those generators and customers, the electricity supplier and Sitigrid.
Sitigrid can work with businesses, Local Authorities, renewable generators and large customers, as well as electricity suppliers. For example, Sitigrid could match a business’ generation facilities with the consumption at its other sites, or with a Local Authority to match its own generation to its consumption (whether that’s social housing or civic buildings).
Depending on how the value is shared, Sitigrid is supporting further investment in generation (including from low carbon sources) whilst creating customers supportive of such generation who can share in the benefits, both of which fulfil government aims and together contribute to achieving Net Zero objectives. Alternatively, specific customer types can be targeted to benefit from the value unlocked, so contributing to alleviate fuel poverty.
Sitigrid’s proposition requires no changes to industry rules and processes and does not interfere with a suppliers’ billing system. It does not depend on wholesale prices continuing to be high, nor does it require investment in a network to physically link the generation and consumption sites. It can therefore be implemented swiftly and be producing additional value straight away.
Sitigrid is not an electricity supplier (licensed or exempt) but is working with a select number of established licensed B2B electricity suppliers to enable their customers and generators to benefit from the Sitigrid scheme.
Engaged generators and customers will be part of an Energy Scheme. Each generator’s output will be allocated (or matched) to consumption from all of the customers in the Scheme, with any remaining consumption supplied by the licenced supplier. It is not necessary for generators and customers to be geographically close. Generators that are not in receipt of RO subsidies are preferred.
If you want to save more, while also supporting a sustainable future, aligned with government objectives of achieving a Net Zero environment, then ask Sitigrid to assess the opportunity and provide an estimate of the value that can be realised.