The team at Enosi highly recommends everyone on Powertracer sets up their Community Trades and saves. It’s quite straightforward. It can increase your financial benefit, and also increase your proportion of clean energy consumption as well.

Community trading enables buyers and sellers of clean excess solar to trade energy without having to know each other. Trading is open to all members of the community and we highly recommend that everyone on Powertracer sets up these trade prices.

4. This displays all trade rules for the property (below). In the “Community Trades” section of the page, click on the “Set community trade rules” button. If you have more than one electricity meter at your property select one meter at a time and set the pricing for each.
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5. Now it’s time to set the Minimum sell price you are willing to sell for (if you have solar), and the Maximum buy price you are willing to pay for clean energy.

You can’t lose anything if you set your Minimum sell price equal to your feed-in tariff, and likewise, if you set your Maximum buy price to the price of the wholesale energy component of your bill that you pay your retailer when you buy energy from them. In fact you’re more likely to get a good price and more clean energy trading if you do.

So what are your current energy rates when buying and selling energy? It's easy to find in Powertracer, simply access your property and click on Settings. At the bottom of the Settings page you will see your Active Tariffs, like in the image below:

For this tariff, the portion of what you pay your retailer that is tradeable on Powertracer is 17.910c/kWh when buying energy. This is the wholesale energy component of your bill. Remember that not all of what you pay your retailer by volume is tradeable, only the wholesale energy component is, not other components like poles and wires and environmental charges. For the same tariff above, when selling excess solar to your retailer you would be receiving 6.2c/kWh. This is known as a feed-in-tariff (or FiT).

Given the prices above, if you set your community maximum buy price to 15c/kWh for example, and the community pool clears at a price below that, you’ll save at least 2.910c/kWh. If you have excess solar to sell, and set a minimum sell price of say 8c/kWh, it means you will get at least 1.8c/kWh more for any exported solar.

6. The final step is to enter the minimum and maximum price you choose in c/kWh e.g. enter 15 if you want to buy energy for no more than 15c/kWh. Finally, click the Set button so these prices are saved.

Now that your community trade pricing is set, Powertracer will trade energy between community members every 30 minute interval of every day.

Want to know more about how the trading works?