What happens at the end of my No Bill term?

The "No Bill" Chapter Closes, But Your Energy Savings Story Continues: What Happens Next?

At Reposit, we're incredibly proud of our "No Bill" guarantee. For years now, it's provided homeowners throughout Australia the peace of mind of zero electricity bills, powered by the sun and our smart battery technology. But as your initial "No Bill" term approaches its end, you might be wondering: What happens next?

That's a fantastic and important question! We believe in transparency, so let's walk you through the different possibilities and how Reposit continues to support your energy independence journey.

Understanding the End of Your Initial Term

Your "No Bill" agreement has a defined period. This allows us to accurately calculate the system size and grid participation needed to offset your Fair Use Cap over that timeframe. As this period concludes, the direct "No Bill" guarantee, as initially structured, comes to an end.

So, What Are Your Options?

The good news is that the end of your "No Bill" term doesn't mean the end of your energy savings or your relationship with Reposit. Here are the common paths forward:

1. Re-evaluating and Potentially Renewing Your "No Bill" Status

Depending on your energy consumption patterns over the initial term and the current health and capacity of your battery system, we may be able to offer you a renewal of your "No Bill" agreement.

• How it works: Our team will assess your average energy usage during the initial term, taking into account any significant changes. We'll also evaluate the remaining capacity and performance of your Reposit-managed battery.
• Considerations: If your energy consumption has remained within the "Fair Use Cap" and your battery is still in good condition, a renewal is likely a viable option. This would involve a new agreement, potentially with adjustments based on current energy market conditions and battery performance.

2. Continuing with Significant Energy Savings on a Standard Electricity Plan

Even without the direct "No Bill" guarantee, your Reposit system will continue to provide substantial savings on your electricity bills.

• How it works: Your solar panels will continue to generate free electricity during the day, and your battery will store excess energy for use in the evenings and during peak times. Our Smart Controller will still optimise your energy usage and allow you to participate in grid services, earning credits on your bill.
• Expected Outcome: You'll likely see a reduction in your electricity bills compared to a home without solar and battery storage. The exact savings will depend on your energy consumption habits and grid feed-in tariffs at the time.

3. Exploring Battery Refresh or Expansion Options

As your initial "No Bill" term concludes, you might consider options to further enhance your energy independence and savings:

• Battery Refresh: If your battery's capacity has naturally reduced over time (as is typical with all batteries), you might choose to invest in new battery modules to restore or even increase your storage capacity. This can further maximise your self-consumption and grid service earnings.
• Battery Expansion: If your energy needs have increased (e.g., due to an electric vehicle or new appliances), you could explore adding more battery capacity to your existing system.

4. Transitioning to a Standard Electricity Plan Managed by Reposit

We can help you transition to an electricity plan that works best with your existing Reposit system. Our Smart Controller will continue to optimise your energy use and maximise your returns from grid participation, ensuring you get the most value from your investment.

What You Can Expect From Reposit Power:

• Proactive Communication: As your "No Bill" term nears its end, our team will reach out to discuss your options in advance.
• Personalised Assessment: We'll analyse your energy usage and system performance to provide tailored recommendations.
• Clear Explanations: We'll clearly explain each option, including any associated costs and potential benefits.
• Ongoing Support: Regardless of the path you choose, Reposit will continue to provide support for your system and answer any questions you may have.

The End of the "No Bill" is Not the End of the Story

Think of the end of your initial "No Bill" term as a new chapter in your energy independence journey. Your Reposit system remains a valuable asset, continuing to generate clean energy, reduce your reliance on the grid, and potentially earn you credits through grid services.

We're here to guide you through this transition and ensure you continue to benefit from your investment for many years to come. If you have any questions about your specific "No Bill" term or want to discuss your options, please don't hesitate to contact our friendly team. We're committed to making your energy future bright!