Design

To optimise storage system’s operation based on energy cost:

Once the customer completes the Connect flow, or if you imported their tariff:

  1. Charge from solar (if present) when surplus is available.
  2. Charge from grid when IMPORT tariff is low if solar is not sufficient.
  3. Supply stored energy to premises when IMPORT tariff is high and solar is not sufficient.
  4. Export stored surplus energy to the grid when EXPORT tariff is high.

To calculate the savings provided by the storage system:

  1. Find beriod of high and low electricity cost for grid IMPORT and EXPORT.
  2. Log the cost of energy when charging from the grid using the IMPORT tariff.
  3. Account charging from local generation source (e.g., solar) as “free” energy.
  4. Log the cost of energy when supplying from your system to the customer’s premises, using the IMPORT tariff at the time of supply.
  5. Apply a straightforward calculation to determine savings (details provided below).

Implementation