Flip provides a turnkey software platform that simplifies the connection of distributed energy storage assets to Virtual Power Plant (VPP) programs and energy markets. The platform enables OEMs, installers, and financing companies to quickly deploy grid services capabilities and monetize their storage assets. By managing operational complexity, Flip accelerates market entry and unlocks new revenue streams for partners across the energy value chain.
Funding
Funding not disclosed
Founders
Product
Problem
Integrating smart energy devices into Virtual Power Plants (VPPs) is complex, requiring specialized software and grid services expertise that may not be core competencies for energy companies. The need to comply with numerous VPP programs and manage device onboarding and payment processes adds further burden, diverting resources from core business activities.
Solution
Flip provides an API platform designed to simplify the integration of smart energy devices into VPPs, enabling energy companies to efficiently generate income and enhance customer offerings. The platform abstracts away the complexities of VPP participation, offering a unified interface to manage interactions from enrollment to dispatch and payments through simple API calls. By automating device onboarding, reporting, and incentive management, Flip allows developers to focus on building differentiated customer experiences. The platform supports integration with multiple aggregators and utilities, offering compatibility with numerous VPP programs through a single integration.
Target Audience
Flip's primary customers include manufacturers of smart energy devices, third-party owners of energy assets, and retail electric providers seeking to offer VPPs and energy services.
Features
- Unified API for simplified participation in VPP and Demand Response programs
- Support for residential battery VPPs
- Compatibility with 30+ VPP programs under one API
- Automated device onboarding and enrollment processes
- Streamlined payment management and incentive distribution to end-users
- Customizable triggers based on wholesale prices or utility tariffs
- Comprehensive documentation, including pre-made wireframes and UI flows
- Sandbox environment for testing integrations