London – 16th October, 2024 – Kaluza, the advanced software platform for energy, is powering a new smart energy offering called Battery Boost, enabling OVO to offer cheaper renewable energy rates to its solar customers with GivEnergy batteries, saving customers an additional £120/year via their solar panel systems.
The first solar and battery plan of its kind, Kaluza’s advanced software platform orchestrates the intelligent top-up of solar batteries at greener, cheaper rates when solar generation is low. Powered by Kaluza’s world-leading optimisation engine, batteries are charged at 10p per kWh during low-demand periods – around 60% cheaper than the standard variable electricity tariff.
By making green technology work harder, Kaluza is significantly reducing costs for customers who invest in solar PV and batteries. Kaluza’s software is shaping the future of connected homes, where multiple devices are seamlessly orchestrated and optimised to respond to changing grid conditions in real time. By helping customers unlock the full potential of their smart home technology, Kaluza provides reassurance that their systems are delivering maximum value.
Propositions like Battery Boost hold significant potential to drive customer trust and product uptake for energy retailers aiming to retain and expand their customer base. By delivering tangible savings and making decarbonisation simple, Kaluza empowers energy retailers to deliver the products that customers want and the planet needs.
This service is available to customers with a GivEnergy battery who have solar PV installed by OVO.
Neel Gulhar, Chief Product Officer at Kaluza, commented:
“Empowering energy companies to innovate affordable low-carbon propositions is critical for building customer engagement in the energy transition. By leveraging home batteries when demand is high on the grid, Kaluza’s software is embedding customers at the heart of the system and making green tech ownership more rewarding.
The UK remains at the forefront of energy innovation and it’s exciting to be collaborating with OVO and GivEnergy on a service with game changing potential for markets across the world – driving decarbonisation at pace.”
Scott Duncan, OVO Head of Solar and Storage commented:
“Residential solar and battery systems offer huge untapped potential for customers to slash their energy bills all-year round, not just during summer months. Battery Boost is a crucial step towards this – delivering a flexible energy system that is better for customers, their wallets and the planet.
Adoption of smart solutions like Battery Boost are central to the transformation of the current energy grid into a distributed, clean energy system that we need for the future.”
Dave Roberts, UK MD at GivEnergy, commented:
“We’re incredibly proud to join forces with OVO Energy and Kaluza on such an empowering initiative for billpayers. This level of collaboration between energy providers and energy technology manufacturers is something we urgently need more of if we are to end fuel poverty and decarbonise the UK.
Next-generation offerings like Battery Boost should sit at the heart of the modern low-carbon home. Ultimately, they help billpayers unlock the benefits of a grid system that is clean, affordable, and effortless to navigate.”
About Kaluza
Kaluza is an energy software company powering the future of energy. From revolutionising billing to smart electric vehicle charging, Kaluza’s technology is empowering some of the biggest energy suppliers to better serve millions of customers. Its real-time cloud platform transforms supplier operations, reducing cost to serve and boosting customer engagement. Powered by Kaluza, suppliers can invest in innovating for tomorrow’s customers and drive decarbonisation with smart, low carbon technologies that not only reduce energy bills, but lay the foundations for a more flexible energy system.
Kaluza is a B Corp-certified business with over 450 employees across seven global hubs. www.kaluza.com
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About OVO
In 2009, OVO was born to make energy better for people and the planet. Today, OVO is trusted by around four million customers with their home energy, EV charging, green tech upgrades, and more.
OVO is getting the UK ready for a greener, fairer future – planting one million trees a year and supporting new renewable power projects in communities across the country. Not only is OVO bringing low carbon tech into homes, it’s finding smart ways to cut costs for customers – making heat pumps, solar panels, and electric cars more accessible. Behind all this work is Plan Zero: the bold, science-backed sustainability strategy, which sets out how OVO will become a true net zero business by 2035.
This progress can only happen with a culture fit for the future. OVO’s multiple awards include the Best Place to Work for Women in The Sunday Times’ Best Places to Work 2023, which also saw the company coming in the Top 10 for Very Big Organisation.
OVO also won Company of the Decade at the BusinessGreen Leaders’ Awards 2020.
About GivEnergy
GivEnergy is a manufacturer of electronic equipment designed to manage energy use and production. We specialise in our range of inverters and battery systems which have been developed to negate the need for costly infrastructure upgrades in low-voltage areas. Our systems use intelligent algorithms to peak shave and make the most of ToU and economy 7 tariffs as well as storing excess-generated power from solar, wind etc., to maximise self-consumption.
