Renewable energy company plans to become ‘Uber of electricity industry’

A renewable energy company aims to become the “Uber of the electricity industry” by giving its customers the ability to store and sell renewable energy via an app.

Resilience Energy, based in St Albans, is a Virgin startup-backed company.

It says it wants to provide energy self-sufficiency to homeowners and cut their electricity bills by up to 80 per cent.

Under its new plans customers will be able to use the app to monitor performance and will be able to sell excess electricity and excess battery capacity to help balance the grid’s energy supplies.

This, they claim, will allow Resilience users to turn their homes into “personal power stations” and help the UK reach its carbon reduction target.

Resilience founder and chief executive, Loic Hares, said he hopes to “shake up the monopoly of the big six”.

He added:“Resilience aims to be the largest decentralised renewable energy generator – the Uber of the electricity industry – and cut the electricity bills of homeowners by up to 80 per cent.

“We’ll give homeowners everything they need to generate and store energy, use what they need on-demand, and sell the excess on the spot market, or to the National Grid to help it balance energy supplies.

“We’ll also be able to monitor each system in real-time to spot faults ahead of customers, and the system has been future-proofed to ensure compatibility with electric vehicle (EV) chargers and other technology.”

National Grid has previously said EV ownership could rise to as much as 36 million by 2040, thereby increasing electrcitiy demand.

Resilience says it plans to support the influx of electric vehicles and has “future-proofed” its system to allow for the integration of emerging technology, such as heat pumps, EV chargers and electric panel heaters.