Snowater is joining EnergyLab for their 2020 Accelerator program. With this support we aim to make a massive positive climate impact.
EnergyLab is Australia’s first clean tech startup accelerator. It is dedicated to the clean energy transition. They connect talented founders to the networks needed to succeed. You can find more of the startups they have assisted here.
We join a number of exciting clean technology companies in the program:
The Good Car Company is making electric vehicles affordable and available.
Fasade is making data management more effective and carbon free.
Snowater is a behind the meter Power Purchase Agreement Provider.
Elektra Phi is creating a new generation marketplace for Clean Energy Providers.
Exergenics is bringing AI into climate control through smart air conditioning.
The Renewable Energy Laboratory is an advanced cloud-based solar PV System Simulator.
So what is the EnergyLab Acceleration Program?
EnergyLab’s program was the first in Australia to focus on energy startups. It is now one of Australia’s largest programs of its kind. The program is built to give you what you need to succeed. EnergyLab has adapted lessons from around the world for Australia.
EnergyLab has a broad network of mentors from a wide range of backgrounds. As a Founder you’ll need great contacts in energy companies, with investors, and in the government. There is a good chance that one of our mentors will be able to help you out.
EnergyLab operates spaces for clean energy entrepreneurs in Sydney, Melbourne and Brisbane. Members get a desk in one of these spaces and a hot desk membership in the others. You get to work beside like-minded founders.
How can you help? Share the news that Snowater is joining EnergyLab and help us grow!Read More
As part of the 2019 Xero Awards for Australia, Snowater was a finalist in the Emerging Small Business of the Year category.
The Xero Awards 2019 are all about recognising and celebrating Australia’s diverse partner firms, apps and small businesses. Basically, it celebrates those who are doing extraordinary things in the life of their businesses.
And while excelling at business performance is important a heavy emphasise was placed on workplace cultures and practices that make day-to-day activities meaningful and purposeful.
We are happy to have been recognised by Xero and are continuing our work to make a positive impact on the community around us.
The Snowater team is looking forward to 2020!
Are your energy bills going to get smaller?
Want to know why?
Your electricity bill is mostly made up of:
- the cost of generating your energy; and
- the cost of delivering that energy to you along the poles and wires.
The problem is that our poles and wires in Australia are gold plated – not literally gold plated – they’ve been overbuilt and cost a lot to run.
The good news is that more wind and solar are being built everyday, giving us more competition in the energy market, so the price of energy will reduce.
We’re starting to see that happen already.
But, because the network needs to accommodate all the new wind and solar around the place, the cost of delivering the energy to you using the poles and wires is increasing.
Those costs are being passed on to you.
The bottom line
Your electricity bill isn’t likely to go up drastically in the immediate future.
But, it’s not coming down, either.
Want to avoid network costs altogether? Get rooftop solar with Snowater and we’ll get a ‘yes’ from your landlord.
We’re a clean energy technology company that’s disrupting the big energy companies, so you get cheaper power.
Our energy is 100% renewable.Read More
Snowater’s recent project with Solomons Flooring Tweed Heads has been covered by Tweed Daily News.
Solomons’ proprietor Micheal Lawrence was quoted saying “We rent our premises, so we didn’t think we could put up solar, but Snowater made it possible”.
Snowater director Chad Hardy was happy to explain how the process works “We work to identify power consumption needs and offset it with clean energy produced by a solar power system”.Read More
When you’re investing in a 25-year solar power system, it pays over the long term to have top-quality system components.
There are two major components of a solar power system:
- The solar panels; and
- The inverter
Each quarter, Bloomberg New Energy Finance produces a list of the tier 1 panel manufacturers.
While tier 1 might sound prestigious, this is simply a measurement of which manufacturers have supplied the highest number of panels this year.
Unfortunately, no comment is made on panel quality, manufacturing sustainability practices, or after-sales support.
The thesis of the Bloomberg tier 1 list is that the majority panels around the world are used in large-scale solar projects, and that as part of the funding process for such projects, financiers will undertake extensive diligence on the panel manufacturer for the project.
As a result of the financier’s diligence inquiries, only the best panels will be used in the projects, so top-line sales numbers are a leading indicator of quality.
In our opinion, and now that the industry has been around for over a decade in Australia, there are a number of settled brands which can be considered of commercial quality and could be considered for your project.
Those brands are:
- Trina Solar
- Sun Power
Incidentally, most of these brands feature on a recent Bloomberg list of tier 1 manufacturers:
- Canadian Solar
- GCL Systems Integration Tech
- Hansol Technics
- Hanwha Q-Cells
- LG Electronics
- Neo Solar Power
- Risen Energy
- Trina Solar
- VSUN Solar
For inverters, unfortunately there isn’t a tier 1 list. Though, the four-front running brands are:
- Solar Edge
All inverters on this list have a minimum 10-year warranty.
We prefer Fronius for their excellent track record in Australia and after-sale service.
Would you like to take control over your energy costs with a nil capital solar power system?Read More
The energy you buy from the grid is sometimes referred to as imported energy.
So, when your solar power system makes more energy than you need, the excess energy will be exported, provided that it’s permitted by your local distributor.
This may seem like a great opportunity to profit from your system – but there’s a catch.
The export rates your retailer offers you are very low – usually around 8c/kWh for small customers, and as low as 3c/kWh for large customers.
You might find your retailer is offering you a much higher export rate – up to 20c/kWh in some cases – but be warned. Often this comes at the cost of higher import rates.
We can help you decide which energy plan and solar power system size is perfect to get the most clean energy possible into your premises, at the lowest price.Read More
There are two major components of a solar power system – the solar panels and the inverter.
The solar panels absorb the sunlight and turn it into energy – but not the kind of energy you need.
That’s because it’s DC, or direct current.
To convert the panels’ power to AC, or alternating current, for use in your premises, a device called an inverter is deployed. It’s a box that’s installed on the wall next to your meter box or distribution board.
Once the energy has passed through the inverter, it’s ready for your consumption or may be exported to the national grid, which uses AC.Read More
You’ve probably heard them all – solar panels, solar PV, solar power system, even solar power station! But what do they all mean?
They’re all essentially the same thing – sheets of glass and silicon that absorb up sunlight and produce electricity.
PV simply means photovoltaic. Similar to photosynthesis, it means sunlight energy.Read More
The future of power prices is looking bleak.
We all want them to come down, but there’s one major thing standing in their way – policy risk.
In essence, there’s a lack of coordinated and intelligent government policy across the national energy market. With good policy, risk reduces and so prices reduce. But it looks like we’re a long way from consensus at the present time, let alone intelligence. The chances of improvement are low.
Costs in the national energy market are comprised of three major elements – energy generation charges, network charges, and environmental charges.
The great news is that environmental charges are going to reduce because the federal government’s large scale renewable energy target has been reached. Now that demand has been satisfied, a lower market price will prevail, resulting in lower charges to end users.
Why has the large-scale target been reached so quickly? Because renewable energy is so cheap to produce – when you have free fuel for your power station the savings start to add up.
The bad news for market customers is that the majority of the large scale projects would not have received funding if they did not have an off-take agreement with a large commercial purchaser such as Mars Foods, Telstra, Melbourne Trams or Coca Cola.
Why is that bad news? Because if you buy energy through an energy retailer, they’re generally stuck purchasing expensive coal and gas energy from the incumbent players. Coal and gas prices remain high due to continuing strong international demand and the difficulties surrounding opening more mines to increase supply.
Turning to the final component of energy bills, the network charges, these are also likely to increase.
Due to international events, such as the major California wild fires massively affecting the transmission network there, and the increase of climate-related disasters globally, the risk-on costs for these assets has increased significantly (think insurance, etc).
Also, since the networks were built to distribute energy from a limited number of large power stations, they’re struggling to accommodate the distributed nature of renewables. The outcome: greater network operation and upgrade costs, which are passed on to you as the end customer.
On the above basis, and as an overall comment on the price you pay for energy, prices are likely to be stable, or increase slightly over the coming years.
That’s why it’s a great time to sign your own rooftop power purchase agreement with Snowater and take control of your spiraling energy costs with a nil capital solution.Read More