American PowerNet’s headquarters will use the xGrid platform to trade solar power with neighbors connected in its office park to optimize clean energy for both carbon reductions and decreased electricity costs.
How the technology works
The technology uses American PowerNet’s existing distribution system and connected solar assets by using data from existing meters without the need for additional hardware, software or engineering fees.
The Power Ledger platform monitors the consumption from APN’s solar panels versus consumption from the grid. It also provides energy usage data analytics for the neighboring businesses and generates Statement of Use information for invoicing purposes.