Emergent is a new type of electricity company founded by entrepreneur Reg Platt with the mission of accelerating the decarbonisation of homes. Housing companies need a cheaper and simpler solution to meet their net zero goals, especially given the ban on gas boilers in new homes and stricter environmental performance standards for all homes. houses.

The planning, delivery and operation of microgrids that operate efficiently, even in small developments, is very complex and requires expertise in power grids, power distribution, power procurement, equipment operation electrical, big data analysis, prediction software and of course customer service. It also needs someone who can navigate the intricacies of energy regulation and work with government and Ofgem as the market and the rules that govern it evolve. Most importantly, he needs someone who can provide a mutually beneficial business offer where all parties can benefit together.

The 25% savings figure was determined by calculating the Net Present Value (NPV) of Emerging Project income payments to create a typical subdivision or apartment building where heat pumps and solar photovoltaic panels are installed. It is based on Emergent’s analysis of existing demo sites and various new and existing developments that are being considered for the solution by a number of developers.