Amber Electric 6.6.5

Amber is an Australian-owned electricity provider and technology company dedicated to accelerating the transition to renewable energy within Australia. The company aims to incentivize environmentally conscious energy consumption through financial savings and the deployment of smart technology that simplifies sustainable practices. For customers with solar panels and batteries, Amber also offers solutions to feed energy back into the grid during periods of high demand, providing appropriate compensation.

As Australia's sole provider of wholesale electricity access for residential consumers, Amber's platform allows customers to monitor real-time wholesale electricity prices and the proportion of renewable energy contributing to the grid. This transparency enables users to understand their costs at any moment and optimize their energy usage—whether doing laundry or charging an electric vehicle—thereby empowering consumers to make informed decisions.

Customer features include:

• A comprehensive live pricing interface with alerts for periods of exceptionally low or high prices, facilitating strategic usage during more affordable, greener energy availability.
• Separate real-time prices and forecasts for solar feed-in and controlled load consumption.
• Half-hourly consumption data from previous days, enabling detailed analysis of energy patterns.
• A thorough history of electricity usage, including daily graphs, cost breakdowns, benchmarking against average consumption, and comparison with government standards such as the Default Market Offer.
• A performance tracking tool that averages wholesale prices over weekly, monthly, quarterly, or six-month periods—encouraging consumers to assess their energy management over time.

Amber also offers tailored solutions for electric vehicle (EV) owners:

• A smart EV charging system designed to maximize free or low-cost charging opportunities without additional hardware requirements.
• Automated charging that optimizes times based on solar production and wholesale rates—allowing users to benefit from Australia's solar growth even without rooftop panels, including earning credits when market prices drop below zero.
• An integrated system coordinating home batteries and EVs to ensure optimal energy use and maximum financial return from household energy assets.
• User-friendly controls that permit manual overrides or automated scheduling, offering flexibility according to individual needs.
• Comprehensive metrics tracking related to charging costs, solar utilization, and other key performance indicators—all accessible within the app.

For home battery owners, Amber’s platform integrates with their existing systems to enhance economic returns through SmartShift™ automation and access to wholesale pricing models—an approach that promises faster payback periods. This integration enables users to:

• Exercise greater control over their batteries—exportting, charging, or conserving power at the push of a button within the Amber app.
• Receive feed-in tariffs comparable to those paid to fossil fuel generators—up to $19 per kilowatt-hour—and capitalize on real-time market prices for exported energy.
• Increase savings from solar assets by leveraging smart automation that continually seeks the most advantageous export and charging times.