Diamond Energy’s NRN VPP is an add-on to our readily available single-rate market offer and is available if you have an NRN System Service Agreement.
By joining the NRN VPP with your NRN System Service Agreement, you avoid the upfront cost of a quality solar and battery system and instead, the charges and benefits are consolidated into your electricity bill, making it simple and straightforward.
The NRN VPP charges include a NRN VPP Daily Access Charge $/day based on the size of the solar system and battery and a NRN VPP Consumption Charge of $0.18/kWh for usage from the solar-battery system. See further details below.
With Diamond Energy’s NRN VPP we include a 10% discount on your grid electricity usage charge (All Day Rate x kWh usage from the grid).
To make this no upfront cost option available to you, NRN VPP customers participate in a Virtual Power Plant. The means that the solar and battery system is periodically coordinated to optimise solar-battery activity, including sharing the energy into the grid. In this way, your solar and battery system is helping to improve the reliability of the grid and supporting the transition to renewables. You can read more about Virtual Power Plant activities below.
Diamond Energy is a 100% Australian owned electricity generator and retailer, rated as Australia’s greenest electricity provider (as ranked in the Greenpeace Green Electricity Guide).
Since our inception, we have sourced more electricity from Australian renewable energy generators to the grid than our customers consume.
We continue to find ways to make low cost, clean renewable energy accessible and available to all and we have a friendly, passionate team available to support you
Customers receive our single rate market offer that applies in their region.
To keep it simple, we have one set of single rate market offers in your region and is available to all our customers in the region. Please note that these charges are not fixed and are periodically updated. You can find out the rates in your area and more details here.
If your property has a Controlled Load, this would also be applicable.
Diamond Energy’s NRN VPP add-on consists of the following charges and credits.
NRN VPP Consumption Charge: is the low rate for the electricity you use from the solar/battery system. The rate is locked in at $0.18/kWh (inclusive of GST) for the period you continue to be on the NRN VPP.
VPP Battery Overnight Feed-in Credit for the excess energy we export to the grid between the hours of 6pm overnight to 6am. This rate is equivalent to your grid usage rate.
NRN VPP Export Charge this offsets your Feed in Credits as per the agreement to transfer feed-in credits to Diamond Energy.
VPP Battery Import Credit for electricity periodically charged to the system from the grid at a rate equal to the NRN VPP Consumption Charge ($0.18/kWh)
NRN VPP Grid Usage Discount is an additional 10% discount to your grid consumption kWh charges.
NRN VPP Daily Access Charge for access to the solar and battery system. This charge is based on the Solar Capacity and Usable Battery Capacity and is adjusted based on CPI each year (effective 1st November 2024).
We have a bill explainer available in your region. Just send us an email enquiry at customerservice@diamond-energy.com.
The following items will be included on your bill
Charges for our single rate market offer in your region, which includes
The bill will also include the NRN VPP add-on charges and credits
See “Which grid rates apply/ which readily available market offer applies to me?” and What are the NRN VPP add-on charges and credits” for more information
NRN VPP is available as an add-on to our readily available single rate or single rate with controlled load residential market offers in Vic, NSW, SA and Qld (Energex only).
NRN VPP is not available for residential properties listed with life support equipment.
A full list of eligibility criteria is available in the NRN VPP Terms and Conditions.
Battery basics without an NRN solar battery system: If you install a solar and battery system, the electricity generated from the solar system is used in your home, with excess stored in the battery for later use. Excess electricity may be spilled into the grid to receive a small feed in credit on your bill. With the value you receive from feed in credits relatively small, the more electricity you use from the solar and battery system, the more you save. The solar and battery system may be controlled by some form of applications and you may also have options to control and/or over-ride.
VPP details: When you join a Virtual Power Plant (VPP), some level of control of the solar and battery system may move to the party that runs the VPP.
We keep a close eye on the electricity market. As a Diamond Energy NRN VPP participant, we may periodically:
So, by joining the Diamond Energy NRN VPP, your solar and battery system is periodically helping the grid. In this way, we are able to help you access a no upfront cost quality solar and battery system.
The charges and benefits of the solar and battery system are consolidated into your electricity bill.
Yes. There may be times when we charge the battery using electricity from the grid for later use.
If we later export into the grid, you’ll receive a VPP Battery Overnight Feed-in Credit at the rate equivalent to your grid usage rate.
You are free to transfer from Diamond Energy to another retailer at any time. If you do choose to leave, the Diamond Energy NRN VPP will no longer be applied to your electricity bill and you will need to discuss other options with NRN, including the options to terminate your agreement with them.
You can contact NRN to discuss options including outright purchase of the system and/or termination of your NRN System Service Agreement.
Potential savings from day one with Diamond Energy’s NRN VPP add-on depend on how much electricity you use and when you use electricity. The more electricity you use from the solar and battery system (self-consumption) at the lower NRN VPP Consumption Charge ($0.18/kWh) helps you save more. Over time the savings can increase if grid electricity rates increase whilst the NRN VPP Consumption Charge remains fixed at $0.18/kWh for the term of the agreement. Please note that the NRN VPP Daily Access Charge ($/day) is updated annually with CPI and that Diamond Energy grid electricity rates may vary.
Please also note that any savings estimates associated with your NRN system or claimed to be achievable for joining the NRN VPP by NRN or their partners are not represented, guaranteed or warranted by Diamond Energy.
You'll need an NRN solar and battery system installed and an NRN System Services Agreement.
You can Register Interest for an NRN representative to contact you to arrange a visit.
You’ll be sent details on how to join and switch your electricity supply to Diamond Energy.
Once your eligibility is confirmed and your system is up and running, we’ll add you to the NRN VPP.
More details are available in the NRN VPP Terms and Conditions including eligibility and your ability to cancel involvement by providing us notification. You can also switch from Diamond Energy to another electricity retailer at any time.
