NEWS FLASH - EnPowered Payments is live! We’re bringing a new way for energy solutions providers to charge for their products and projects. Read more here: hubs.ly/H0ZnJQH0 #cleantech #startup #sustainability #energysolutions #energynews #Energytwitter

We met with BetaKit to discuss our funding announcement. Read Josh Scott's article below for more details about our growth plan betakit.com/enpowered-reve… #energy #energynews #Cleantech

Electricity prices are so high in Ontario right now that it makes sense for customers with natural gas generators to run them 24x7 to produce their own electricity. It costs roughly 15c/kWh to produce their own power. While the grid costs between 20-60c/kWh for the past week.

Businesses with flexible assets - such as batteries, generators, or building automation systems - can save over $100,000/year now by avoiding high hourly commodity prices. This requires actively turning on/off based on hourly prices, but it's become increasingly lucrative

We ran the numbers for a 1MW customer in Ontario, net of all fuel costs they would have saved $87,059 over the past 9 months by turning on their gas generator whenever the grid was strained and electricity prices spiked. That is a meaningful amount of money, nearly $120k/yr.

Our team spoke with an automotive parts manufacturer that had 2 different 5-second power outages in the last few weeks, each one shutdown their paint lines and forced them to lose $100,000s in product. A reminder that strained grids have significant real world consequences.