Diamond Energy, Diamond VPP for Chad Smith

10 Ulinga Street, Glenelg North, 5045, South Australia

Welcome to the start of a new world of energy! In this proposal, we'll guide you through a decade-long journey of potential savings, walk you through the approval process, and provide a comprehensive overview of how it all works.

Over the next ten years, our solar and battery programs have the potential to help you save.

Now, let's dive into the specifics so you can fully understand how it works and can benefit you.

79 %

Nighttime Energy from Battery i

$17,009

10 Year Savings i

$0.00

Upfront Cost i

What we know about your current energy usage i

21.77 kWh

Avg. kWh per day

$4,253

Your Annual Spend ($)

Your New Battery System

13.9 kW

Wall-Mounted

Battery Size

Back-up Power

Keep your home powered

Cheaper & Greener: Maximise Cheap, Renewable Energy

Usually, people buy energy from the grid, which comes from different places like coal power stations. With the increase of cheap renewable energy in the grid, the price of energy is cheap when the sun is shining. The NRN Battery allows you to take advantage of this cheap energy, and avoid paying expensive grid rates, all with no upfront fee!

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Nrn.com.au

A Decade of Savings: 10-Year Energy Bill Comparison with NRN Battery

>We looked at your energy bills for the next 10 years. Right now, you pay a certain amount each year for energy. But with the Battery, you will use energy from your roof, and it will cost less though this energy plan. So, you will save money every year! See the table below to know how much you can save.

YOUR ENERGY BILL Year 1 Year 5 Year 10
Do nothing $4,253 $4,969 $5,648
Diamond Energy $2,970 $3,268 $3,610
Snapshot Bill Savings $1,283 $1,702 $2,038
Total Savings Overtime $1,283 $7,274 $17,009

If you do nothing, we expect energy costs to increase by 4.15% every year for the next 10 years. That's why your Year 10 energy bill is higher than Year 1.

With this plan, your energy price stays the same for what you use from your battery. Year 5 and Year 10 look even better with no increase! (See more information in the How does the Energy Plan work ? in the section below)

Energy Savings Breakdown - Year One

Let's find out how much you'll save in the first year with the NRN Battery and iO Energy! The table shows you how much money you can save every day, month, and year for Year One, compared to what you're paying now. And as per above, you can see what it looks like over the next 5 to 10 years!

Annual Quarterly Monthly Per Day
Bill Before NRN $4,252.95 $1,063.24 $354.41 $11.65
Bill After NRN $2,970.20 $742.55 $247.52 $8.14
Savings $1,282.75 $320.69 $106.90 $3.51

Assumptions: These calculations include a daily average usage of 21.77 kWh, with 79% of night-time energy supplied from the NRN Battery System. It assumes an existing annual electricity bill of $4,253, a consistent energy rate for the initial 12 months.

Next Steps To Get Approved

Excited to join NRN Battery? It's easy! Just fill out a quick application form and book a home inspection date. That's all! Soon, you'll be part of our sunny-saving community.

Step One
Complete Application Form

To check your eligibility, you will need too complete an application form. You can access this once you’ve chosen the Plan.

Step Two
Schedule your inspection

Our selected installer will visit your home to ensure its suitable for a battery system

Step Three
Approved

Once your application and inspection has been approved, you are a few weeks from getting a brand new Battery system installed

Apply Now

Frequently Asked Questions

What are the costs involved? What’s the Catch?

The good news is, there's no catch, no cost and no finance, to have a Battery system installed at your home when you join NRN. We promise to make the process as cost-free as possible for you. As long as you're with an NRN Partner Energy Retailer, you won't have to pay anything for the Battery system. That's right, it's all on the house! You won't pay to become an NRN member or for the system's installation.

Here's how it works: The NRN Partner Energy Retailer covers the cost of the system, including maintenance and performance management. You'll only need to pay for the energy you use, just like your regular energy bill, which covers the system's cost. It's simple and straightforward. But, if you decide not to use an NRN Partner Energy Retailer, no worries!

You'll default to the NRN Direct Energy Plan, where you can still enjoy the benefits of the Battery system. You'll receive great savings and a clean energy plan, making it a fantastic option either way.

So, no hidden fees, no surprises – just clean energy savings with NRN Battery!

How does this compare to buying or financing a Battery system?

We have prepared a comprehensive line graph that compares the different options: buying the Battery system outright, financing it, doing nothing, or choosing NRN Battery plan. The graph clearly shows that NRN's Battery plan outshines the other options in terms of cost savings.

The NRN plan provides significant advantages, delivering the best return on investment compared to the alternatives. Additionally, NRN's plan achieves these savings in a much shorter period compared to the other options, making it the most favorable and financially sound choice for customers.

To give you a better idea, it would take around 9 years to pay off the system if you purchased it outright, and approximately 11 years if you financed it. In contrast, NRN's plan offers quicker and more substantial savings from the start."

Cumulative Summary Do Nothing vs Purchase vs Finance vs NRN

-$7,428 Do nothing
$12,881 Purchase i
$6,186 Finance i
$17,009 NRN VPP i

Cumulative estimated annual spend based on current usage

Year # VPP Do Nothing Finance + Energy Bill Purchase + Energy Bill
Year 1 $1,283 $0 -$491 -$16,217
Year 2 $2,535 $0 -$1,582 -$13,571
Year 3 $3,983 -$298 -$2,461 -$10,713
Year 4 $5,573 -$823 -$3,178 -$7,693
Year 5 $7,274 -$1,539 -$3,759 -$4,538
Year 6 $9,131 -$2,504 -$4,164 -$1,205
Year 7 $11,033 -$3,573 -$4,494 $2,201
Year 8 $12,979 -$4,749 -$1,012 $5,684
Year 9 $14,971 -$6,033 $2,548 $9,243
Year 10 $17,009 -$7,428 $6,186 $12,881

Consumer Price Index for energy is an estimated increase by 5.86% per year. Total system value of 19463.09. Finance cost of 7% for a 7-year term. Purchased of finance feed-in tariff rate at 5c per kWh and single tariff rate at 30 cents per kWh.

What happens if I want to leave or I sell my house?

If you want to remove the NRN System, simply contact us at NRN to let us know. After you’ve paid the total cost of the system, we’ll take care of everything for you. We’ll arrange for a Solar Retailer to remove the system and deliver it to an approved site. Your obligations under this contract will end once the system is removed and you’ve paid in full. After that, this contract will be terminated.

Can I buy the system at any time, and does it get cheaper?

Of course! You have the freedom to buy the Battery system whenever you'd like during the agreement. From day one, the cost of the system is $19,463, and you'll be delighted to know that it gets better every month. On the first day of each calendar month, the price drops by $133! Wow, that's a discount of $1,597 per year!

To make things super easy for you, NRN will provide you with a fantastic Purchase Pack. Inside, you'll find all the important details you need, including warranties, maintenance reports, and confirmation of the smooth transfer of hardware. NRN's got you covered every step of the way!

Here's a handy table below, showing you the exciting year-on-year breakdown of the purchase price and the annual discount. Get ready to own your clean energy dream with NRN Battery!

# Year Monthly Reduction Amount System Value
1Year 0$0$19,463
2Year 1$1,597$17,867
3Year 2$3,193$16,270
4Year 3$4,790$14,674
5Year 4$6,386$13,077
6Year 5$7,983$11,481
7Year 6$9,579$9,884
8Year 7$11,176$8,288
9Year 8$12,772$6,691
10Year 9$14,369$5,095
11Year 10$15,965$3,498

The Monthly Reduction Amount is calculated monthly from the day the system is installed. Based on your system value, you will receive a Monthly Reduction Amount of $133.04.

How does this energy plan work?

Discover the details of NRN Battery energy plan with iO Energy!

With iO Energy’s unique plan, you can take advantage of super low daytime energy rates. There’s no need to purchase solar when the energy is this cheap!

For accessing the battery, there is a daily fee of $6, which covers all the costs associated with the battery system. The battery will charge every day at super-low 8 cents per kWh. Once its full, you can use the energy from the battery, avoiding those expensive Peak rates!

This estimate is based on your average daily energy usage from the energy bill supplied to us. It does not take into account daily or seasonal usage, or when you use electricity throughout the day. The estimate includes a battery charge of $6 per day, a daily supply charge of $1.45 per day, and grid electricity rates of $0.75, $0.51, $0.33 and $0.08. It also includes a peak export rate of $0.33c / kWh during peak periods.

io energy charge details

What hardware will be installed at my property?

At NRN Battery, we use high quality hardware to power your home with clean energy! We may change time to time, but we will provide you an information pack upon final approval of your site.

  • You'll receive a brand new Empower battery. Empower is a leading Australian battery provider, and their cutting edge All In One unit is made for the Australian climate. The unit is wall-mounted, and has plenty of energy to supply your home. Powered by its Intelligent Control System, Back-up Ready, and with advanced monitoring, the Empower battery is the perfect choice for providing your home with its electricity needs.
    Inverter
  • NRN Distribution Board: As part of the installation, we'll provide an NRN Distribution Board featuring a new electricity meter and a 4G connection. This connection links your system to our Virtual Power Plan, enabling seamless integration and efficient energy management.
    Switchboard

With NRN Battery's advanced hardware, you can be confident that your clean energy journey is in safe hands. Let the power of technology work for you!"

Am I locked into this Energy Plan?

No, you are not locked into an energy plan. We believe in providing our customers with flexibility and choice.

NRN offers you a range of Partner Energy Retailers, and each one offers exclusive energy plans. You get to decide which plan suits you best, giving you the power to control your energy journey. It's all about finding the perfect fit for your needs and preferences. We're here to support you every step of the way

What are the Terms and Conditions?

The agreement is for 10 years, giving you access to exclusive benefits as part of the NRN network. You'll enjoy discounted electricity rates during this time. However, we value your choices and understand your need for flexibility."

The agreement is for 10 years, ensuring NRN's commitment to service, monitor, and maintain the Battery system throughout the duration of the agreement. As a valued member of the NRN network, you'll have exclusive access to discounted electricity rates during these 10 years, making your energy journey even more rewarding.

We understand that circumstances can change, and we respect your need for flexibility. If you decide to purchase or remove the system before the end of the 10-year agreement, you have the entitlement to do so. For more details on the purchase costs, please refer to the FAQ Can I buy the system at any time, and does it get cheaper? And if you choose to remove the system, please see FAQ What are the costs, if I want to terminate the agreement? for additional information.

At the end of the 10-year agreement, you'll have exciting options ahead. You can choose to "go again" with NRN, and we'll replace the battery and inverter on site, continuing the journey together. Alternatively, you'll have the opportunity to purchase or remove the system if that better suits your plans.

We want to ensure that your energy experience is tailored to your needs, and we'll be here to support you in making the best decision for you and your home.

What are the costs, if I want to terminate the agreement?

We understand that circumstances may change and respect your decision to terminate the agreement. Here are the options and associated costs for terminating the NRN Battery agreement.

If you choose to terminate the NRN Battery agreement, we provide two options to meet your needs:

  • Purchase the System: You have the option to purchase the system at any time based on a standard depreciation schedule. For more details on the purchase costs, please refer to the FAQ: Can I buy the system anytime, and does it get cheaper? There is no Early Termination Fee when purchasing the system.
  • Battery Removal: If you want to remove the NRN Battery, contact us at NRN to let us know. After you’ve paid the system’s total cost, we’ll take care of everything for you. We’ll arrange for a Solar Retailer to remove and deliver the battery to an approved site. Your obligations under this contract will end once the battery is removed and you’ve paid in full. After that, this contract will be terminated.

We value transparency and encourage you to refer to our comprehensive Terms and Conditions for more detailed information about the termination process and associated costs.

Should you have any questions or need further clarification, our team is ready to assist you.

Are there any rewards, if I refer a friend?

Yes, we believe in the power of word-of-mouth! NRN appreciates your support, and we offer rewards for referring friends to join the network.

NRN values the power of sharing positive experiences with friends and family! As a token of our appreciation, NRN offers a reward of $150 for every person you refer who joins the network. It's our way of saying thank you for spreading the word and supporting the growth of the NRN network.

So, if you're enjoying the benefits of NRN Battery, don't hesitate to share your experience with others. Together, we can create a community of clean energy enthusiasts and make a positive impact on the environment.

We're excited to have you as part of our network, and we look forward to welcoming your friends to the NRN family!

Does my battery include blackout protection?

Your battery is back-up capable, meaning it can provide power to your home during a blackout*. There may be additional costs associated with adding this feature to your home, as every home’s electricity switchboard is different. While for most homes this cost is less than $400, we recommend speaking to your NRN Installation Partner for exact pricing.

*Back-up power is limited to 4.6kW of power. Your battery cannot supply your home power if it is empty. NRN provides no guarantee for your battery having capacity ahead of a black-out event.

Select System Size

13.9kWh Battery
5kW Discharge

Partner Retailer Options

io Energy

$1,283 Year 1 Savings

$17,009 Year 10 Savings

Apply Now
1
Select Plan
2
Application Form
3
Approved
Back to choose plan

Select System Size

13.9kWh Battery
5kW Discharge

Partner Retailer Options

io Energy

$1,283 Year 1 Savings

$17,009 Year 10 Savings

Apply Now
1
Select Plan
2
Application Form
3
Approved
Back to choose plan