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For press enquiries, get in touch at media@amberelectric.com.au
Amber at a glance:
- Amber is a new kind of electricity retailer, helping accelerate Australia’s shift to 100% renewables
- We give households access to real-time wholesale energy prices and the ability to shift usage to when power is cheaper and greener
- For customers with home batteries, that shifting happens automatically through Amber for Batteries
- We’re also developing Australia’s first residential vehicle-to-grid (V2G) technology, helping EVs support the grid and unlocking extra value for our customers
- Amber operates the largest virtual power plant (VPP) in Australia, with almost double the capacity of the next biggest player.
- Amber supports over 40,000 customers in managing and optimising their energy use
- ~3/4 of Amber for Batteries customers had a bill below $0 in the last 12 months
- Amber for Batteries customers are earning over $1,000 pa of additional value from their batteries, bringing down battery pay back periods significantly
Amber in the media
Experts see it as a sign of what's to come, as the transition to renewables accelerates, generation is decentralised, and potentially millions of homes become miniature power plants.
In summer, the staff and I here at the Digital Life Labs decided to take a punt and switch electricity providers to Amber Electric, a Melbourne-based power company which retails power at wholesale rates in an effort to encourage more Australians to shift to renewables.
Amber customers with solar, electric vehicles or batteries at home have been drawn to its unique business model, which automates customers’ batteries to discharge around 6pm each day, earning them money as they pump much-needed renewable energy into the grid.
Another portfolio company that she highlighted is Amber Electric, which allows customers to automatically use electricity at times that the grid is powered by renewables, and is more affordable.
Check out this in-depth chat between renewable energy and EV enthusiast, Osher Gunsberg, and our co-founder, Dan.
If you are a journalist or have any press enquiries, please get in touch at media@amberelectric.com.au
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