Sometimes Powertracer receives data about your energy usage - your meter data - that can’t be traded for some reason. When this happens we display it in the property view as untraded energy and we show you how much energy was untraded for the time period you are viewing.
Untraded energy can accrue when:
The meter data received was a substitution or estimate of actual energy usage
Meter data is late. It can be received by Powertracer after the trades for that day have been executed
Let’s look at the property below. There are untraded amounts for both imported and exported energy during the month.
Untraded imports are a total of 28.93kWh for the month, and untraded exports are 11.72kWh. The cause of this was due to late arriving meter data that missed the daily trade run as can be seen in the chart on Thursday June 20.
Does this happen often?
No. As seen in the chart above, there is only one day without trades due to late meter data. Substituted or estimated meter data can happen, but we don’t see it often.
What impact does untraded energy have on your bill?
Your energy retailer will simply treat this volume of energy as if it was supplied by, or sold to them according to your usual contractual agreement. Let’s say you own the property shown in the chart below. For the selected month there was 11.72kWh of untraded exported energy. If you were being paid a feed-in tariff (FiT) of 6.2c/kWh, then your retailer would pay you a total of $0.73 for that untraded energy.
Similarly, for the selected month, there was 28.93kWh of untraded imported energy. If you are on a flat price tariff (energy is priced the same no matter what time of day it is used), and were charged 17.91c/kWh by your retailer, then the charge on your bill for this untraded energy would be $5.18. If you are on a time of use tariff (energy is priced differently throughout the day) we are working to reveal this value and will deliver this capability in a coming release.
Summary of your Untraded Energy
A summary of the untraded energy at your property is displayed in it's own trading card under the chart:
and is also itemised in the trade summary: