Share the benefit of the solar you generate between multiple sites.
A Virtual Energy Network, or VEN for short allows Momentum business customers to put excess solar energy to good use by sharing the benefit of it with other sites in their organisation.
It’s great to see more and more Australian businesses using solar solutions to reduce their carbon emissions and we think you should be rewarded for doing the right thing and get the most from every drop of solar energy that you make. That’s where Momentum’s VEN comes in.
If you’re a business with multiple locations, and one of those locations is generating more solar than it can use, a VEN can help you reduce your energy costs by offsetting your energy consumption from the grid across your business.
Put your excess solar energy to good use by sharing the benefit of it via the VEN to other sites in your operation (instead of receiving a small feed-in tariff).
Any exported solar you’re able to ‘net off’ with consumption at your other sites will appear on your bill as a credit – kWh for kWh.
You don’t need solar installations at every location, just one will do.
Make the most of solar and enjoy the security of fixed rates for any electricity you draw from the grid by pairing it with a Momentum Fixed Price Variable Volume (FPVV) retail contract, for large customers only.
Keep green-conscious customers (and staff) happy.
Our parent company Hydro Tasmania is Australia’s largest generator of renewable energy – and our VEN supports Australia’s transition to renewables.
Solar sharing is best suited to organisations with multiple sites who want to make the most of a solar system without installing one at every site. It’s particularly good for organisations that:
If your multi-site business is based in VIC, QLD, SA, NSW or ACT and you have a solar solution generating more energy than you can use at a single site, then a VEN could be a smart choice. The fastest way to find out if it’s a good fit is to speak with our team.
Using the Enosi Powertracer Platform, VEN customers can match solar between sites and keep an eye on imports and exports.
Powertracer runs on data collected from smart meters at all your sites – matched every thirty minutes.
Any excess solar you create at one location can be offset against grid energy consumption at other site(s) during the same 30-minute window – so you can benefit from it in the form of a bill credit.
Any additional energy you need from the grid, you pay for at the rates in your retail energy contract.
If your sites have all the solar they can use, and there’s a surplus – it's sent to the grid in exchange for a Feed-in Tariff.
Although solar generation fluctuates all the time, our energy solutions team can give you an estimate of how much you could have saved in the last year or so if you’d already joined our VEN. It’s the fastest way to find out whether Solar sharing could be the right solution for you.
‘The Virtual Energy Network is an innovative but easy to use tool to more effectively utilise our onsite solar assets. Now the VEN is established, we’re sharing the benefits of that solar power across our own facilities. It’s supporting our Net Zero ambitions and demonstrating our sustainability commitment to our customers and stakeholders.’
Brendan Connell, Port of Brisbane Executive General Manager Sustainability & Corporate Relations
Read more about our work with the Port of Brisbane >
There’s a good chance you’ll find the answer here in our Virtual Energy Network FAQs.
Yes, our commercial & industrial customers (large businesses) can have it both ways. Make the most of your solar system backed up by fixed-rates for the electricity you draw from the grid.
Powertracer fees are charged per site, by Enosi, under the terms and conditions of access to the Powertracer Platform. These fees vary based on the size of your energy load.
Yes, you can choose up to 100% GreenPower (LGCs) for the power you use from the grid to help you hit your sustainability targets.
Yes, you’ll need to sign a retail contract for your grid power supply with Momentum to access VEN solar sharing.
Yes, you’ll need smart meters at each of your participating sites. If you don’t have them already, our team can help you get them installed.
Yes, you’ll still receive a FiT (feed-in tariff) for any eligible generation where the benefit of that generation isn’t shared across your sites.
Great question! The monthly bill credit you’ll receive for all shared (matched) solar energy, will vary based on a few different factors including the volume (in kWh) of excess solar energy you share and the time of day that your off-taker sites are using their energy.