Friday, October 18, 2024
EnergyLatestNews

Swarm launches Hub:One to boost solar savings

Green energy firm Swarm has launched its first product, which has been designed and built in its home in the North East of England.

Produced in Swarm’s on-site lab in Byker, Hub:One is a home energy management system (HEMS) that will enable homeowners to exert unparalleled control over their renewable energy usage and savings.

The product connects homes that have excess energy to the grid, boosting production, and with the firm hoping a national uptake of such devices will create a network to support the grid during times of peak capacity.

Homes with the Hub:One device installed will also benefit from the release of Swarm’s Virtual Power Plant (VPP). Through collective selling, especially during peak grid demands, users will be able to earn significantly more for every kilowatt fed back.

The intelligent system is designed to maximise savings for customers, with early calculations indicating that the average solar owner could save £40 per month on their energy bills.

Swarm is working with national solar panel installers to offer the Hub:One alongside their usual services.

Dan Martin, CEO of Swarm, said:

“After months of graft from the team, we’re ecstatic to officially let Hub:One loose into the world. There’s a huge gap in the industry for an agnostic HEMS device that can seamlessly fit into any domestic renewable energy setup, but it’s a gap that we’ve just filled.

“As we add more compatible devices and tech partners over the coming months, we can’t wait to see the positive effect this technology is going to have on homeowners’ energy bills, as well as the business growth this will lend to Swarm installers.”

Image of Swarm leadership team courtesy of the company

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