GXG POWER AGGREGATION
Solar Power & Energy Storage play an important role in the U.S. energy industry. Federal, state and local policymakers are incentivizing users to implement renewable energy systems & technologies in order to alleviate the stress on the electricity grid as the demand increases.
Solar-plus-Storage technologies, coupled with Artificial Intelligence software adaptations, provide Subscribers with superior financial & environmental outcomes.
Solar Agreements – for Rooftop Solar
With a Solar Agreement, which is a financial agreement whereby GXG ENERGY arranges for the design, permitting, financing, installation, and operation of a Solar-plus-Storage energy system on a Subscriber’s property – at NO upfront cost. GXG ENERGY charges for the Solar energy deposited in the community’s centralized Energy Storage facilities at a fixed rate ($ per kilowatt-hour) that is competitive to the average market rate. Essentially, it is a pay-as-you-go scheme.
GXG ENERGY Solar Agreement tenures are 20 years as GXG remains responsible for the operation and maintenance of the warranted system for the duration of the agreement. At the end of the Solar Agreement term, the Subscriber has the choice to extend the Agreement, or have GXG ENERGY remove & properly dispose the system, or alternatively, choose to buy the PV Solar System equipment from GXG.
Benefits of GXG Solar Agreements include; no upfront capital costs, reduced energy costs, limited risk exposure, better leverage of available tax credits, as well as tax exemptions on residential properties, to name a few.
Storage Agreements – for Energy Storage
The centralized Energy Storage is shared within the community, aggregating the communal solar power generation output. The system is managed by GXG at minimal flat fares to Subscribers. The Storage Agreement tenures are 20 years as well, as GXG ENERGY remains responsible for the operation and maintenance of the warranted system for the duration of the agreement.
GXG ENERGY, through our Artificial Intelligence software, optimizes the efficiencies of the equipment installed within the community. And further, runs a confidential debit-and-credit billing mechanism for each Subscriber depending on over-consumption or over-generation of Power for each household, within the permissible limits. The GXG policy always gives priority to the Subscribers’ individual energy fulfillment first, followed by community self-sustainability at large through a closed-loop , zero grid feed system. The mechanism further guarantees optimal and unmatched financial savings to residential communities as a whole.
CASE 1 – GXG Debits
Whereby the Solar consumption of an individual household exceeds its own Solar power generation, and the communal Energy Storage is used to supplement the household’s energy gaps, such as in cases of peak hours, GXG Debits will apply – at the same prevailing rate within your GXG Agreements. Case in point: you are hosting a family barbecue.
CASE 2 – GXG Credits
Whereby the Solar power generation of an individual household exceeds its own Solar consumption, the communal Energy Storage is charged with these excess power stores, GXG Credits will apply – at the same prevailing rate within your GXG Agreements. Case in point: you are on vacation.