Founders of Evoflo, Julian Morency and Dan Rowe are on a mission to tackle the challenge of rising power bills and increased energy uncertainty which has been caused by geo-political events, and intermittent weather patterns which disrupt the flow of renewable energy to our homes.
In the final half-hour of December 2023, British wind farms reached a new record, averaging 21.81GW of generation. This massive output often exceeds the UK's immediate energy needs, especially at night when the wind continues but demand drops. To manage this surplus, energy suppliers are offering significantly lower tariffs during nighttime hours - on average 75% cheaper.
“To capitalise on these innovative overnight tariffs, you need a method to secure that energy for daytime use. Installing a home battery system does precisely that, allowing you to store cheaper energy overnight and use it throughout the day!”
Home battery storage works by capturing off-peak green energy and storing it for later use, much like the storage heaters of yesteryear but these batteries harvest 100% renewable energy, rather than gas or coal. This energy is otherwise wasted because there are no large-scale storage options, and turbines continue to work throughout the night when demand is at its lowest.
“People are rightly concerned about being more green, and home batteries capture green energy in a more environmentally friendly way”. Those with home solar or another renewable source can save even further on their bills, by putting their captured electricity into battery storage, rather than pushing any excess back to the grid.
“Those without home solar will see significant reductions too because they can take advantage of smart tariffs from their energy supplier, which avoid peak energy prices altogether. “ Those with both battery storage and solar panels can enjoy savings of about 80%, while those with just a battery can still reduce their bills by 50%.
Additionally, because batteries reduce pressure on the grid, the UK government has made them VAT exempt saving customers 20% on the cost of financing a battery.
If you're looking to save money while helping the world meet our net zero targets, give our friendly team a call on (01308) 805025 or use our savings calculator at www.evoflo.energy.
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