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Wholesale Power Explained

Is Amber the Future of Australian Energy? A Deep Dive into Wholesale Power

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Your battery’s got so much more to give. Supercharge your savings by tapping into wholesale feed-in rates that can reach $19/kWh and battery boosting tech that makes sure you’re buying and selling energy at the smartest times.

Is Amber the Future of Australian Energy? A Deep Dive into Wholesale Power

We’ve all been there. You open your energy bill, and despite your best efforts to turn off lights and shorten your showers, the total is confusing and, frankly, higher than you’d like. Traditional energy retailers have operated on the same model for decades: they buy power wholesale, add their markup, and sell it to you at a fixed rate.

But what if you could bypass the markup and get direct access to the source?

That’s the disruptive question being answered by Amber, an Australian energy-tech company that’s flipping the standard model on its head. Instead of a fixed-rate plan, Amber gives you direct access to the real-time wholesale price of energy.

Let’s break down what that means, who it’s for, and whether it could be right for you.

The Core Concept: From Retail to Wholesale
Imagine buying your groceries. The traditional energy model is like a supermarket—it buys produce from the farm, marks it up, and sells it to you at a stable price. Amber is like going directly to the farmer’s market—you pay the real-time market price, which can be much cheaper, but also fluctuates.

Here’s how it works:
Direct Wholesale Access: You pay the live, fluctuating wholesale price of electricity, which changes every 5 to 30 minutes depending on your location and meter.

  • Flat Subscription Fee: Amber’s profit doesn’t come from marking up your usage. Instead, you pay a flat monthly subscription fee for their service and technology.
  • Total Transparency: Your bill shows exactly what you paid for the energy itself, network charges, and Amber’s fee. There are no hidden margins.
    This model means that when wholesale prices are low (or even negative, which happens when there’s an oversupply of renewables!), you can save a lot of money.
  • Making It Smart: Meet SmartShift™
    “Okay,” you might be thinking, “am I supposed to watch energy prices all day?”

This is where Amber transitions from being just a retailer to a genuine tech company. Their key innovation is a technology called SmartShift™.
SmartShift™ is an automation platform that connects to your high-usage smart devices—like your electric vehicle (EV) charger, home battery, or even a smart hot water system. It intelligently manages these devices for you:

  • Charging: It automatically charges your EV or home battery when electricity is cheap and green.
  • Discharging: If you have a home battery, it can automatically export power back to the grid when prices are high, earning you significant credits.
  • Automation: It effectively turns your home into a “smart grid” participant, using power when it’s most affordable and avoiding it during expensive peak periods, all without you having to lift a finger.

The Amber app gives you full visibility with colour-coded price forecasts, so you always know when it’s a “green” time to use power or a “red” time to hold off.

Who is Amber For? The Ideal Customer Profile

While anyone can join Amber, certain households stand to benefit the most:

The Solar & Battery Owner: This is Amber’s sweet spot. You can charge your battery with cheap grid power overnight or from your solar during the day, then use SmartShift™ to sell that stored power back to the grid during an evening price spike for a massive profit. Your feed-in tariff is also tied to the wholesale price, so you earn more when the grid needs your solar power the most.

The Electric Vehicle (EV) Driver: Instead of paying a flat rate to charge your car, SmartShift™ can automatically “fill up” your EV when prices are at their lowest, often overnight. This can bring the cost of a full charge down to just a few dollars.
The Flexible User: If you have some flexibility in your routine, you can manually shift your high-usage chores (like running the dishwasher, washing machine, or pool pump) to cheaper, greener times of the day.

The Tech-Savvy & Engaged Consumer: If you love data, want more control, and are keen to actively participate in the green energy transition, Amber’s transparent model and feature-rich app are a perfect fit.

The Pros and The Catch
The Upside:

  • Potential for Big Savings: By using power when it’s cheap, you can significantly lower your overall energy costs.
  • Empowerment & Control: You see exactly what you’re paying for and are empowered to make smarter energy choices.
  • Maximise Your Tech: It unlocks the full financial potential of solar, batteries, and EVs.
  • Greener Footprint: The model naturally incentivises you to use electricity when renewables are abundant on the grid.
  • The Catch (The Considerations):
    Exposure to Price Spikes: The flip side of wholesale access is that you are exposed to high price spikes, which typically occur on very hot days when everyone is using their air conditioning. Amber mitigates this with price alerts and the SmartShift™ automation, but it’s a fundamental part of the model. It’s not a “set-and-forget” plan in the traditional sense, unless you fully lean on the automation.

The Verdict
Amber isn’t just another energy company. It’s an energy-tech platform designed for the future of the grid—a future that is decentralised, digital, and dominated by renewables.

It challenges us to think differently about our electricity, transforming it from a passive utility into an active resource we can manage. If you have the right technology (like solar or an EV) or a bit of flexibility in your lifestyle, Amber provides the tools to unlock serious savings and align your energy use with the greenest times on the grid.

Interested in learning more? Head over to www.amber.com.au to see their pricing, check availability in your area, and explore if the wholesale model is the right fit for your home.

 

Disclaimer: This blog post is for informational purposes and is based on the public information available on Amber’s website as of its writing. Energy pricing and product features can change. Please visit the official website for the most current information.

smarter battery

Bigger savings