Strobe offers a software platform that automates the sale and delivery of electricity generated by distributed energy resources. Their platform streamlines operations for managing and transacting energy from sources like solar and batteries.
Funding
Funding not disclosed
Founders
Product
Problem
Owners of distributed energy resources (DERs) such as solar panels, batteries, and generators often struggle to maximize the financial returns from their assets due to complexities in energy market participation and limitations of traditional net metering programs. These programs may not fully compensate for the value of the electricity generated or provide opportunities to participate in lucrative energy markets.
Solution
Strobe offers a software platform that automates the sale and delivery of electricity generated by DERs, enabling owners to directly participate in energy markets and optimize their revenue. The platform goes beyond net metering by actively managing energy assets to ensure they operate at peak performance and capture the best prices for electricity. Strobe participates in energy markets on behalf of its users, delivering resiliency, cash payments instead of bill credits, and superior returns through direct energy market sales. The platform supports various energy market opportunities, including energy, capacity, frequency regulation, spinning reserves, demand response, local resilience, demand charge avoidance, and local energy arbitrage.
Target Audience
The primary target audience includes owners of solar panels, batteries, and generators who seek to maximize the financial returns from their distributed energy resources by participating in energy markets.
Features
- AI-powered tool to forecast potential revenue generation from DERs
- Automated participation in energy markets to optimize electricity sales
- Real-time management of energy assets to ensure peak performance
- Resiliency features to ensure energy needs are met while seizing market opportunities
- Direct cash payments for electricity generated, instead of bill credits