Apartments in Perth, in theory, will be able to use, store and trade power. Here's an excerpt:
Dozens of apartments will be able to use, store and trade power under a world-first trial of micro-grid technology to be unveiled in Perth’s south.
Federal Environment Minister Greg Hunt will today announce the Commonwealth’s green energy fund ARENA has tipped $1 million into a micro-grid project in White Gum Valley.
The $3 million project will have solar panels and batteries installed across four separate apartment developments.
It would be up to the strata companies managing the apartment buildings to on-sell the electricity to tenants, rather than State-owned power provider Synergy.
The strata companies could sell the electricity cheaper than Synergy or at the same price, currently set at 25.7¢ for every unit of electricity sold.
Homes owners and tenants would also be able to trade power to other apartments within the complex during the day and night.