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Watt iQ

Your battery's 24 hour outlook

Tonight: selling at 6pm. Tomorrow: cheap power from 9am.

Watt iQ decides every five minutes whether your home battery should charge, hold, power the house or sell to the grid, so your family earns and saves more from the battery you already own.

Join the betaSee how it works

Hour by hour(scroll sideways for the whole day)Next decision in -:--

Summary of the sample day: the battery charges from midnight to 2am on cheap overnight power, holds from 3am to 5am, powers the house from 6am to 8am while prices are high, charges from 9am to 12pm while solar pushes prices negative, holds through the early afternoon, powers the house at 4pm, sells to the grid from 5pm to 7pm when the price spikes to 142 cents, powers the house again at 8pm and 9pm, holds at 10pm and charges again at 11pm.

  1. 12am4c/kWhCharge
  2. 1am3c/kWhCharge
  3. 2am2c/kWhCharge
  4. 3am3c/kWhHold
  5. 4am5c/kWhHold
  6. 5am9c/kWhHold
  7. 6am22c/kWhPower the house
  8. 7am31c/kWhPower the house
  9. 8am18c/kWhPower the house
  10. 9am2c/kWhCharge
  11. 10am-1c/kWhCharge
  12. 11am-3c/kWhCharge
  13. 12pm-2c/kWhCharge
  14. 1pm1c/kWhHold
  15. 2pm4c/kWhHold
  16. 3pm8c/kWhHold
  17. 4pm19c/kWhPower the house
  18. 5pm58c/kWhSell to the grid
  19. 6pm142c/kWhSell to the grid
  20. 7pm96c/kWhSell to the grid
  21. 8pm34c/kWhPower the house
  22. 9pm21c/kWhPower the house
  23. 10pm12c/kWhHold
  24. 11pm6c/kWhCharge

The forecast explained

A good day for a battery looks like this

Overnight, power is cheap, so the battery fills up. At breakfast the price climbs and the battery runs the house instead. Around midday the sun pushes the wholesale price below zero, so the battery charges again and is paid to do it.

Then the evening peak arrives. By 6pm the price has jumped to 142 cents and the battery sells to the grid. On this sample day that sale earned A$7.40, and running the house through the morning and evening peaks saved another A$3.10. Together that is A$10.50 for the day.

A target, not a guarantee. Savings depend on your battery, tariff and usage. Our target is 25 to 40% off your bill, and it is a target rather than a promise.

Wholesale price across the sample day, with the battery's mode shaded behindPrice stays below 10 cents overnight while the battery charges and holds, rises to 31 cents at 7am while the battery powers the house, goes negative around midday while the battery charges from solar, then spikes to 142 cents at 6pm while the battery sells to the grid, before easing back overnight.ChargeHoldPower the houseChargeHoldSell to the gridPower the house0c50c100c150c12am6am12pm6pm142c at 6pm, sell-3c at 11am, paid to charge
Price in cents per kilowatt hour through the sample day. The shaded bands show what the battery was doing.

How it works

Five steps, repeated 288 times a day

Like a weather bureau for your battery, we watch, forecast, and then act on it.

  1. Step 1

    Watch

    We read the live wholesale price, the weather, and how your home uses power.

  2. Step 2

    Forecast

    We predict the next few hours: your solar, your usage and the price of power.

  3. Step 3

    Decide

    Every five minutes we choose: charge, hold, power the house, or sell to the grid.

  4. Step 4

    Act

    Your battery follows the plan automatically. Nothing for you to press.

  5. Step 5

    Report

    Each morning you see what the battery did and what it earned.

The full story, in plain English

Conditions

The four things your battery can do

  • Charge

    Fill up while power is cheap or the sun is out.

  • Hold

    Keep what you have for later.

  • Power the house

    Run the home from the battery when grid power is dear.

  • Sell to the grid

    Export at price spikes and get paid.

Pricing

From A$25 a month, to be confirmed

One monthly fee, no lock-in. You keep your battery, your retailer passes wholesale prices through, and Watt iQ does the deciding. The exact price is set before launch.

Savings target: 25 to 40% off what you pay now. A target, not a guarantee. Savings depend on your battery, tariff and usage.

Read the full pricing page

Who it is for

Good conditions for Watt iQ

Watt iQ suits homes where these four things are true.

  • You already own a home battery that can be controlled remotely.
  • You live in ACT, NSW, QLD, SA or TAS.
  • You are with Localvolts, or willing to switch to a retailer that passes wholesale prices through.
  • You want the battery to work harder without you lifting a finger.

Questions

Things families ask us

Will I lose my backup power?

No. You choose how much of the battery to keep for a blackout, for example 30 percent, and Watt iQ never dips below it, no matter how high the price goes.

Do I need a new battery or new hardware?

No. Watt iQ is software that talks to the battery you already have. If your battery can be controlled remotely, we can usually work with it.

What does it cost?

Subscriptions are expected to start at A$25 a month, with final pricing confirmed before launch. The aim is for a typical household to earn back many times that.

Is it hard to set up?

You set your goals once, connect your battery and switch your electricity plan to Localvolts. From there Watt iQ runs on its own and shows you what it saved each month.

See all questions

Tomorrow's outlook: a battery that earns while you sleep

Join the beta and your battery starts following the forecast from the first five minutes.

Join the betaAsk us a question