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Nectr launches ground-breaking VPP plan with unprecedented FiT rates

09 Aug, 2024
Nectr launches ground-breaking VPP plan with unprecedented FiT rates



Nectr, a competitive solar, battery, and energy solutions provider, has unveiled a new consumer-focused Virtual Power Plant (VPP) plan, the BEE Super FiT VPP.

This innovative plan offers solar and battery owners an unparalleled Feed-in-Tariff (FiT) rate of 50 cents per kilowatt-hour between 4pm and 9pm, when energy demand peaks.

This initiative aims to optimise energy sharing and provide significant financial benefits to customers.

The BEE Super FiT VPP plan simplifies the energy-sharing process by managing the export or dispatch of energy from compatible solar and battery systems.

Customers also receive a $100 sign-up credit, monthly billing, and a competitive recharge rate, making it an attractive option for those looking to maximise their renewable energy investments.

Tae Hong Kim, Managing Director at Nectr, emphasised the company’s commitment to evolving its VPP plans to encourage greater solar and battery adoption.

“Nectr BEE Super FiT is the VPP plan that customers have been calling for, and we have listened,” Kim stated.

He highlighted the importance of innovative deals to help Australians save money and ensure that unused energy is effectively utilised.

To assist customers in understanding the potential savings and benefits of joining a VPP, Nectr has introduced a Savings Estimator available on their website.

This tool allows solar and battery owners to calculate potential savings based on their specific energy consumption and system details, helping them make informed decisions about the best VPP plan for their needs.

Nectr continues to offer a range of high-performance solar battery options and innovative VPP plans designed to optimise energy sharing and support the transition to renewable energy.

Through these efforts, Nectr is not only helping customers manage their power bills but also contributing to a more sustainable energy future.

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