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Although they may not receive such high returns, customers on the RedEarth platform can also choose to sell their energy back to their power suppliers, such as Origin or AGL, to obtain credit, which they can then transfer to relatives or friends.
Walker stated that RedEarth considers each solar system in its VPP as an investment and provides quarterly reports on the returns generated by each system.
Other benefits of this VPP include continuous monitoring of solar cell performance through secure telemetry; If the power generation does not meet expectations or malfunctions, the system will issue an alarm to RedEarth.
Walker said, "Our goal is to call customers before they call us
If VPP participants want to increase system capacity, such as when they purchase an electric car and need more battery storage to power their commuting, they can contact RedEarth.
Walker said that although Australia leads the world in the absorption rate of rooftop solar energy, and now one out of every four households generates their own electricity, large-scale movements have not yet been achieved.
Walker said, "It's still in its early stages, but we do see that every roof in Australia becomes its own power plant, a way to intelligently establish a renewable energy capacity grid
After several years of development and testing, RedEarth released its first personal power plant in 2019, while also providing Australian engineering and manufacturing products for the off grid and large-scale energy storage markets.
He welcomed existing residences that wanted to join his new VPP, but RedEarth believes that targeting new buildings is the "fastest and most advanced way" in the current stage of Australia's renewable energy transformation.
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