UNLOCK THE WHOLESALE
ENERGY MARKET

Simply click ‘Join Amber’ above and proceed to fill in the form! IMPORTANT: To ensure your battery is optimised by Evergen against Amber’s wholesale prices (and to receive your $50 signup bonus) you will need to sign up using the above button (not directly on the Amber website).

Amber can estimate rates for your address on their pricing page here. These are rates for a regular wholesale customer without battery optimisation. The Feed in Tariff for an optimised battery will be considerably higher than for a non-optimised solar or solar & battery system (as your battery can discharge during high price periods). What you pay for power will generally be considerably lower also, as your home battery will protect you from evening price peaks and be charged via Evergen when it’s cheap and green.

It’s only $19 a month and you can switch back out to a traditional retailer at any point if you choose.

All energy retailers buy their electricity from the same wholesale electricity market, where prices are set every 30 minutes. The wholesale price is the true price for your usage that Amber (and other retailers) have to pay to provide you energy. The wholesale price includes wholesale energy costs (which vary every 30 mins), hedging costs, the rates charged by your local network (who own the poles and wires), metering costs and regulated charges for environmental schemes and market operations.

Whilst the pricing you see is in 30 minute blocks, 5 minute settlement was introduced recently and this provides the opportunity for our algorithms to respond quickly to price changes and save/earn you more.

During a period of high prices, Evergen is likely to discharge your battery to either sell energy in the market or minimise your consumption during the high price event. Evergen receives a price forecast feed directly from the Australian Energy Market Operator (AEMO) the same way Amber does to alert you of upcoming events. We use this forecast to lay out a plan for your battery that will generate the most savings.

Occasionally events do not always play out as forecast, and Evergen needs to update the plan accordingly. Over time, however, Evergen consistently earns our customers savings. As a result, we recommend against analysing minute-to-minute trading decisions and instead reviewing your bill over time (i.e. per billing quarter) to assess system performance.

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You will start to notice the benefits in the second month of being connected with Amber. 

The first month is considered the 'learning period' where Evergen will learn behavioural patterns, weather and load predictions to ensure you have enough charge for personal use, as well as make the most of trading your excess energy against the wholesale electricity market.

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After signing up with Amber, Evergen will start to track the usage of your home battery system against the new tariff structure and will work out the best optimisation plan, personalised to you.

Once the two week learning period is complete, Evergen’s smart battery optimisation will start making smart commands, trading your battery against the wholesale price.

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Yes. Amber doesn't have any lock-in contracts or exit fees for switching to another retailer, so you are free to leave at any stage.

Nothing in life is guaranteed. However battery owners consistently do better with wholesale pricing as they are able to draw power from the grid when energy prices are low, and export unused stored power when they’re high to maximise savings and earn the same rate for their power as big generators.

When coal and gas are burning, power is expensive and dirty. But renewable energy is now the cheapest form of energy. When the grid is flooded with cheap green energy, Amber lets you take advantage of these low prices.