Moduly provides a virtual power plant that accumulates and stores energy, allowing users to utilize low-rate electricity during peak hours and act as a backup generator during outages. This system reduces reliance on fossil fuels, lowers electricity costs, and enhances energy resilience for homes and businesses.
Funding
$250K raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
COCMFITAFounders
Product
Problem
Fluctuations in electricity rates and reliance on non-renewable energy sources can lead to high energy costs and environmental concerns for residential and commercial consumers. Power outages also disrupt daily life and business operations, highlighting the need for reliable backup power solutions.
Solution
Moduly provides a plug-and-play energy storage system that enables users to store energy during off-peak hours and utilize it during peak demand, reducing electricity costs. The Moduly Nødz system integrates with existing grid and solar power sources, offering a scalable solution for energy management and backup power. Its AI-driven optimization automatically shifts energy usage to off-peak times, maximizing savings and promoting the use of renewable energy. In the event of a power outage, Moduly provides seamless backup power to keep essential appliances running.
Target Audience
The primary target audience includes homeowners, small businesses, and solar energy users seeking to reduce energy costs, increase energy independence, and ensure backup power during outages.
Features
- Modular design allowing for scalable energy storage from 2.5 kWh to 12.5 kWh
- Plug-and-play installation, requiring no electrician
- AI-powered optimization for automated energy usage and cost savings
- Seamless integration with existing solar PV systems
- Mobile app for monitoring energy consumption and managing system preferences
- Off-grid inverter/UPS with 2000W rated power and 4000W peak power
- Battery chemistry: LiFePO4 with a nominal voltage of 25.6V
- Safety certifications including UL 2054, UL 62368-1, ANSI/CAN/UL 1973, and FCC