FlexiO earnings
MyFlexiO App: Earnings
Gridbalancing shows the earnings generated by FlexiO through participation in net balancing. The value recorded reflects the previous month.
The main screen (1) shows the total value generated by FlexiO for the current year. You can adjust the year by using the calendar button (2) at the bottom of the circle.
The value in the circle is the sum of Energy Management and earnings from Netbalancing for the selected year. If you want to see details about the earnings from Netbalancing, click the earnings button.
Payout of the earnings:
LIFEPOWR directly pays out your earning into your bank account. Please be aware that the payment is always 3 months later (Elia has a payout of 60 days - end of month).
For example: Income generated in January, is paid out by LIFEPOWR in April.
What is gridbalancing:
Netbalancing involves the process where energy suppliers and grid operators balance supply and demand within the grid. In this system, participants, such as FlexiO users, help stabilize the grid by offering their energy storage systems (batteries) to store energy or provide back-up energy to the grid during high-demand periods. Participants earn money for contributing to this process.
Find more detailed articles about gridbalancing here: Grid Balancing Insights