Currentcy

Many people put solar panels on the roofs of their homes. When they produce more energy than they consume, they can sell the excess back to the grid for a small profit. This is called net-metering. Instead of going through government and corporate-owned power grids, our microgrid system allows communities to make more effective use of excess solar energy. You can buy and sell energy within your neighborhood using our mobile app, at fairer prices.

All transactions within the app would happen through Ethereum, a cryptocurrency which uses blockchain for added security. Our system would also employ its own blockchain, separate from Ethereum, to keep a ledger of transactions.

Our Mission
Our mission is to foster and propel the growth of communal microgrids to lower energy costs for homeowners. With these microgrids, energy producers in a neighborhood can sell any excess energy they produce to their neighbors, instead of back to the macrogrid. Those who sell this energy will gain more of a profit than if they were to sell it to the corporate grid, and those who buy this energy will be able to acquire energy for a lower rate.
In the future our goal is to encourage the installation of solar panels in a community, and initiate a community wide market, people choosing what prices to sell their extra energy and consumers taking this energy at their own price.
How it works
Many power companies do not allow net-metering. Nearly all that do buy back excess solar power at a substantially lower rate than they sell energy at. This allows local energy producers to sell to energy consumers in a community at a rate which benefits them both. Energy producers make more money by selling to their community, and energy consumers save money by buying from local producers.

Advantages of a Microgrid

Despite the obvious cost benefits for both seller and buyer in the microgrid, there are numerous other advantages to installing a microgrid in a community.
  1. Parts of a community that are shaded and have no options for solar panels can receive this energy from their neighbors.
  2. When an entire community has access to solar panels, during the time of days where some are hit more than others, those with excess energy can help those that are at an inopportune time of the day.
  3. If a microgrid spreads across enough neighborhoods, during natural disasters and power outages of the macrogrid, those without power can rely on those that still are producing.
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We are here 24/7 to answer your questions and handle any queries you have. We look forward to hearing from you.
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