New Combined Export-2-Import Product Launches and It Could Be a Real Game-Changer

by | Oct 20, 2023 | All Articles, Export Rates, Import Rates, Latest News, Peer-to-Peer, Reduce Energy Costs

Huge Savings and Reduced Pay-back – just 2 of the significant benefits to the NEW Combined Export-2-Import Product.

We are absolutely cock-a-hoop to announce the launch of our Combined Export-2-Import product, offering a game-changing approach for businesses with green-energy production technology on-site.

As you probably know by now, we spend our time finding the best deals and innovative new products that help save businesses time, hassle and money – but, along with our Peer-to-Peer export rate product – this is one of those incredible stand-out products that has gotten us very excited.

In this article, we’ll explain how it works and why you should be leaping all over it.

What is the Combined Export-2-Import Product?

To understand this product, it’s important we first of all make it clear who this is aimed at.

Who is it aimed at?

Primarily this product is aimed at businesses with;

1. More than one site in the UK.
2. All sites are in the company name and;
3. There are solar panels or some form of green energy production at one site or more – but not all sites.

NB: If you’re thinking “well, we don’t have solar panels” – or any form of green energy production on-site for that matter – then don’t worry, because it’s still worth reading on…

How does it work?

It’s a very simple product.

As a green energy producer, it is next to impossible to use 100% of the energy you generate – some of it will be exported back to the grid.

At the moment, this is how it stands for you….

Combined Export-2-Import (1)

So as you can see in the diagram above, currently if you have one site generating green energy, any surplus energy is passed to the grid. You may be receiving a nominal fee for this (typically between 3-5p per kWh for anything you export).

Your other sites though are still going to the grid and paying full price for the electricity they use.

Now take a look at how our Combined Export-2-Import product works…

How our Combined Export-2-Import works

In a Nutshell

The product allows you to buy back the energy you have exported for use in one (or more) of your other non-generating sites for a discounted rate – which is typically around half to a third of the normal rate paid for electricity.

This works essentially in real-time – so if there are no other sites requiring the surplus energy at a particular time, the exported energy stays with the grid and you will be paid the agree exported rate – with our export rates being market-leading.

The impact of this is huge.

Impact on the Bottom Line

It can’t be stated enough how this could benefit a business.

Firstly, the potential energy cost savings to the other sites could be massive. Imagine saving as much as 15-20p per kWh typically for the amount of energy you export being shared to another site.

Secondly, this product brings significant added value / reduced pay-back to the investment you have made in your renewables.

Finally, this technology is a huge step towards self-sufficiency as companies are forced to look towards their Net Zero obligations.

There is nothing else like this on the market for businesses like yours at the moment. We’d go so far to say that if you don’t have solar panels currently, this might just be the thing that makes you do it.

If you have solar panels and more than one site, then this should be perfect for you.

 

What could Combined Export-2-Import do for you?

If you would like to find out more about this product and how it could work for your company – or would like more information on integrating this as part of a solar panel installation project, then please complete the form below and one of our team will contact you.

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