The LG Home Battery and Discover Energy VPP program
We have partnered with Discover Energy to give you an unparalleled feed-in-tariff for your LG Home Battery.
Customers in SA, NSW, VIC, and SE QLD are eligible for a feed-in-tariff (FiT) of 45c if they join and connect their LG Home Battery to the energy supplier Discover Energy. This is one of the largest FiT’s in the country, enabling homeowners to maximise the return on their solar and battery storage systems.
How does it work?
1. Sign up to Discover Energy’s virtual power plant (VPP) with an eligible battery and inverter combination.
2. Your solar panels charge the battery which stores energy and powers your home 24hrs a day. The inverter is connected to Discover Energy’s specialised software.
3. Discover Energy’s latest cloud-based technology monitors your inverter and the grid, choosing the most optimal time to sell and buy energy back to the grid for maximum returns.
4. Use Discover Energy’s mobile app to track the trades and display your income statements securely and easily.
Terms and conditions
Discover Energy VPP is only eligible for the approved products and locations. As part of the Discover Energy VPP, the feed-in-tariff will be paid at the following rates:
First 300kwh per quarter: 45c/kWh
Next 300kwh per quarter: 25c/kWh
All remaining kWh: 9c/kWh
All usage thresholds will be calculated daily. You can cancel the VPP plan at any time. You must have a maximum inverter capacity of 10KW and have a maximum PV production capacity of 13.3KW.
Interested in installing an LG Home Battery or already have one and are wanting to learn about VPP programs? Fill out the form on our website and one of our LG Energy Solution partner installers will get in contact with you.