The services offered by FlexiO
FlexiO is an innovative energy management software (EMS) that intelligently controls and optimizes users' energy flows, resulting in lower energy costs and additional revenue. It is designed to work in a hassle-free manner, relieving users of any concerns.
1. Lower your energy bill
FlexiO balances between various opportunities:
Capacity tariff
Self-consumption
Dynamic pricing
Weather forecasts
And adjusts to your behavior.
These are the data FlexiO starts its day with:
The purchase and sale price of energy are fixed (the only parameter that is 100% known)
FlexiO also takes into account the expected/estimated production from the PV installation
Based on historical data, FlexiO makes an estimate of the building's expected consumption
Based on this information, FlexiO develops a strategy. In reality, this strategy will be regularly adjusted depending on what is actually produced and consumed.
It’s important to know that FlexiO works with an algorithm that uses available data to achieve as many savings and revenues for you as possible, providing maximum peace of mind.
The algorithm constantly adjusts its strategy based on the situation but cannot foresee:
Differences in electricity prices
Battery degradation
Of course, FlexiO cannot predict everything...
2. Earn extra from participation in grid balancing
With FlexiO, you generate income by participating in grid balancing through FlexiO's digital network. Every month, you will see how much you’ve earned based on your contribution. You help keep the electricity grid balanced, which is becoming increasingly important with the growth of wind and solar energy, as well as the rise of electric driving and heating. Through FlexiO, you contribute to a more stable energy system and receive compensation from LIFEPOWR. A win-win for both your wallet and the planet!
FlexiO arbitrates between savings and earnings
Once ready for participation, you may not always be actively involved in grid balancing, even though it could be possible. In some cases, FlexiO may decide that your battery will not be available for grid balancing because the expected revenue from providing the Grid Balancing Service does not outweigh the savings FlexiO can generate through smart control.
At certain times, FlexiO may choose to participate, but it may seem illogical to you that electricity is being taken or injected into the grid at an unreasonable moment. FlexiO makes this decision because the revenue you will receive by offering your battery for grid balancing will be high enough to compensate for the additional cost of purchasing or selling electricity with profit. FlexiO chooses the economically best solution.
3. Complete unburdening
FlexiO's Challenge: maintaining the right balance
between Savings ⚖️ and Grid Balancing Revenue
without causing any inconveniences due to power shortages (e.g., for your own battery use).
3. Contribute to the energy transition
The dynamic tariffs and flexibility are part of the changing energy landscape. Luckily for us, the times when energy is the cheapest align with the most climate friendly conditions. By shifting load to these periods, we reduce it on the most carbon intensive periods.