What is µGrid?
µGrid enables multi-tenanted buildings to trade energy between each other within a single building.
This includes shopping centers, apartment complex building managers, office buildings and retirement villages to trade renewable energy from rooftop solar to tenants.
If you live in an apartment building or manage and develop properties for a living, chances are convincing all residents to install solar panels can be a hard sell. How will you ensure everyone is using the same amount of energy, or getting a fair return on their initial investment?
Our platform makes this possible. It enables residents to trade solar energy with each other and monetise their roof space. It means residents can buy from those closest to them, keeping the investment, profit and benefit of renewables within the community.
µGrid can offer more attractive rates to tenants in comparison with traditional energy service providers, giving an extra incentive to install solar on new developments.