Enabling energy innovation

We’ve been granted the very first waiver under the Australian Energy Regulator’s Energy Innovation Toolkit to trial smart meters to help reduce peak demand and lower costs for customers.  

Instead of investing in expensive old technology at major substations to control off peak hot water, the waiver allows Endeavour Energy to use 5,600 smart meters to dynamically control customers’ storage hot water systems. We’ll be working with retailers to agree a roll-out approach.

The trial will give customers greater control over their electricity use and allow them to soak up excess solar power generated in the middle of the day to heat hot water, helping lower their electricity bills.

In announcing the waiver, AER Chair Clare Savage said “The rollout of smart meter upgrades presents significant benefits for both consumers and industry. This trial can help consumers reduce their electricity bills through access to new products and tariffs, better integrated technology and improved understanding of their energy use.”  

Read more about how innovation plays an important role in Endeavour Energy delivering customer benefits here.