The future of
home energy

So, you have rooftop solar, you’ve got a battery, and you’re enjoying the benefits of generating your own energy. Nice one. 

With Amber, you can take your savings to the next level while making sure your solar + battery are playing their part in accelerating Australia’s shift to 100% renewables.

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Why solar + battery + Amber makes the perfect team

Households with a home battery are the perfect fit for Amber’s wholesale electricity model. That's because most houses with a battery tend to only need power from the grid at off-peak times when energy demand is at its lowest and wholesale electricity prices are cheapest.

At times when wholesale electricity prices rise, Amber customers with a battery can use their stored
power to easily avoid higher prices, with no load shifting needed.

SmartShift puts savings on autopilot
for battery owners

The battery benefits can get even better with SmartShift™, Amber’s newest technology that puts your battery on autopilot. Whether you have solar or not, SmartShift can optimise your battery so that it automatically charges from the grid when wholesale prices are low, and exports your solar energy to the grid when wholesale prices are high.

⬇️ By charging your battery when wholesale prices are negative and renewables are generating, you save on your everyday electricity costs and use even more green energy.

⬆️ By export when wholesale prices are at their highest and the grid needs more renewables, you’re getting the best price for the solar power you’re generating and helping to support Australia’s energy grid.

We’ve just finished a successful trial of SmartShift in South Australia, where Amber customers with SmartShift for batteries saw annual savings of a further $200-400 on their already reduced annual Amber energy bills.

Now we’re launching SmartShift™ to Amber customers with a Tesla Powerwall, or a LG Resu
battery with the Solar Edge inverter.

Making your solar system work harder for the climate

Amber's real-time FiT is designed to enable the future of rooftop solar in Australia. The wholesale FiT varies every 30 minutes along with the true market value of power in your local area. This means you'll earn more for your solar exports at times when the grid needs it most.

But this wholesale pricing model isn’t for everyone - and we like to be upfront about that. When the grid has enough supply, your real time feed-in tariff (FiT) will drop. The wholesale FiT that Amber passes onto its customers is typically lower than most retailers’ FiTs, which are subsidised using the markup retailers charge on customers’ energy usage.

How to know if Amber is right for you if you have solar 

In sum, if you’re a solar owner who uses more power from the grid than you export, Amber's likely to be a
good fit for you. If you have a larger solar system and export more power than you import, you may be better
off with a fixed retail feed-in tariff.

Do you have solar and live in Victoria?

Throughout the year we'll pay you the true wholesale value of your solar exports, which can be lower or higher than the Victorian government minimum feed-in tariff depending on the times when you export. At EOFY we’ll apply our annual bill guarantee to make sure you’ve earned the government minimum for your exports.

Understand our annual bill guarantee

How to know if Amber is right for you if you have solar

In sum, if you’re a solar owner who uses more power from the grid than you export, Amber's likely to be a
good fit for you. If you have a larger solar system and export more power than you import, you may be better
off with a fixed retail feed-in tariff.

Common questions we get asked

Do you offer a guaranteed minimum FiT?

In VIC we pay out the Victorian government minimum FiT of 10.2¢/kWh. Because Amber's real-time FiT varies based on the market value of energy, we calculate your minimum FiT based on the yearly average FiT you earned for your exports in each financial year. If the true market value of your exports was lower than 10.2¢/kWh on average over the financial year, we'll top you up to a FiT of 10.2¢/kWh after June 30, 2021.

Will you pay out my Premium FiT?

Yes! We'll pass through your government Premium FiT entitlement in addition to the real-time market value of your exports, e.g. Premium FiT + Market Value of Exports = Your Amber FiT.

What are the lowest and highest possible real-time FiTs with Amber?

The market price of energy - and therefore your real-time FiT - has a minimum price of -$1/kWh and a maximum ceiling of +$15/kWh. This varying wholesale price helps keep the grid in balance. High prices encourage as much generation as possible, while low and negative prices encourage generators to curtail their output to prevent the grid becoming unstable. Just like the big generators you'll be debited for your exports when the wholesale price is negative, so you can help out the grid (and your wallet) by using your solar at those times rather than exporting.

How can I maximise my FiT with Amber?

Amber's real-time FiT is designed to enable the future of rooftop solar in Australia. That's because market prices incentivise exports during peak times when the grid needs it most. For most solar owners, this looks like reducing your usage and maximising your exports during peak demand times when the wholesale price - and your FiT - is at its best. In the future, this will require more West-facing solar panels which achieve peak generation during the afternoon when demand is higher, as well as batteries with the capability to export excess power to the grid during peak times.
Unlike other energy retailers who charge a mark-up on the energy you use, Amber makes exactly $0 on your energy usage and empowers you to go beyond offsetting. We’re so committed to our ​​mission that the monthly fee is the only revenue we generate to run the business.

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