Why Peer to Peer Electricity is the next big thing

If you’re feeling the pressure to amp up your business’s sustainability efforts – you’re not alone. In the age of conscious capitalism, many companies are seeking greener, more eco-friendly ways to operate. The switch to renewable energy sources, such as solar panels, has increasingly become a practical and cost-effective choice in this transition. 

But there’s one question that often gets asked: given the sun’s intermittent availability, especially here in the cloudy depths of the UK, how can businesses reliably count on solar panels to make progress towards their Net Zero goals?

The solution is straightforward: the implementation of advanced commercial battery storage solutions.

It’s a hard time for many businesses out there. 

With growing pressures to cut back on costs, increase revenue, and boost your sustainability initiatives at the same time – there’s no wonder many business owners come to us overwhelmed and a little unsure of where to start. 

But what if we told you that there was a way to ease these pressures? To achieve your Net Zero targets, reduce your energy bills and generate unexpected revenue along the way?

Introducing; Peer to Peer (P2P) Electricity: a transformative way to generate, consume and even trade energy. 

Let’s take a look…

What is Peer-to-Peer Electricity?

Peer-to-Peer Electricity, in simple terms, refers to the buying and selling of electricity between multiple members of the community. Essentially, individuals can sell their excess energy produced to other members of their community, bypassing the traditional suppliers. 

The Apple Tree analogy 

Picture this: you have an apple tree in your garden that produces more apples than you can possibly eat. Instead of letting the apples go to waste, you sell the excess to your neighbours. They’re happy because they get the apples at a much cheaper price than they would have paid at the supermarket. Meanwhile, you’re happy because you get some extra money in your pocket, too.

Now – replace the apples with electricity, and the apple tree with solar panels. This is essentially a simplified understanding of how Peer to Peer (P2P) Electricity works. It’s about harnessing surplus energy generated from your solar panels, and sharing it directly with others – without the involvement of the national grid. 

If your business has been looking for a way to maximise the efficiency of your solar panels, or if you’re yet to tap into the renewable energy realm, P2P electricity might just be the game-changer you need.

What are the advantages of Peer-to-Peer Electricity?

• Increase your revenue and save money

Firstly, one of the most compelling benefits of P2P Electricity is the potential for cost savings. If you already have solar panels, you know that they sometimes generate more electricity than you can use. With P2P electricity, this surplus isn’t wasted. Instead, it can be sold to others in the network, turning your energy efficiency into revenue.

On the other hand, if you’re purchasing power from this network, you’re buying directly from the source. This cuts out the middleman and leads to cheaper, greener energy.

• More financial independence

Likewise, P2P electricity means that power distribution is no longer a one-way street. By transitioning from a consumer to becoming your own energy producer, you will increase your business’s efficiency and reduce your dependency on the centralised national grid. This protects you from the fluctuating costs and instability of the national energy markets, which have seen almost all of us face dizzying increases in our energy bills this year. 

• Effortless and hassle-free set-up

Additionally, if you think implementing a P2P Electricity system is a daunting or bothersome task- think again. If you already have solar panels installed here at Ember Energy, we can set you up on our P2P Energy Trading Platform with ease. There are no extra installations required, meaning we can make the transition as seamless and efficient for you and your business as possible.

• Support your green initiatives

Finally, embracing Peer to Peer electricity is the perfect way to support your corporate sustainability goals. By maximising the use of your solar power and sharing your surplus energy with others, you’re directly reducing our collective reliance on fossil fuels and supporting a greener future for the planet. 

As a business, this could position your brand as a leader within sustainable practices across your industry and serve as an inspiring story for your customers and other businesses within your sector. 

The future is electric 

At Ember Energy, we’re committed to helping businesses make the shift towards P2P Electricity, providing expert advice, reliable solutions and our continuous support. By joining our network your business can not only benefit financially but also contribute to a more sustainable and resilient energy system. 

Are you ready to get started and see the difference? Get in touch with us today, and let’s help you take the next step towards cleaner, greener and cheaper energy.