1KOMMA5°’s Heartbeat AI cuts electricity bills for Australian households
The analysis of the first Heartbeat AI customers did a year-on-year comparison, with the data showing that each household recorded a lower bill for the same period last year, with the average monthly saving coming in at $28 after all fees and charges, or an average of $84 in savings for the quarterly bill cycle.
The largest individual saving came from a household in South-East Queensland, with Heartbeat AI helping the family save $140 for the quarter against its previous plan. This included $40 in export credits, earned in a quarter without wholesale price spikes.
A separate Victorian case shows how the platform handles a high-use household that draws more from the grid than it sends back. By charging the battery from the grid when wholesale prices were low, the household reached an average import rate of 10.8 cents per kilowatt hour across the month – a 50% reduction compared to the household’s previous average import rate, equating to a saving of $45 on their electricity bill.
1KOMMA5° Australia CEO Luke Stronach said, “Every household with Heartbeat AI paid less than they would have on their old plan. That is the result we built Heartbeat AI to deliver. It’s a differentiator for eligible households; helping Australians save money and reduce their reliance on an increasingly volatile electricity grid. By adding this layer of intelligence and automation to household solar and batteries, real savings can be made.”
The analysis was conducted across a small group of early Heartbeat AI adopters. Each household in the analysis is an existing solar and battery owner. The comparison measures the Heartbeat AI bill against what the same household would have paid on its previous retail plan over the same period. This analysis was conducted during a period of relatively stable wholesale prices. Savings are expected to be even greater during periods of higher wholesale price volatility.
Heartbeat AI’s energy intelligence learns a household’s daily energy needs, monitors the wholesale electricity market and weather patterns, and optimises electricity 24/7, to ensure customers get the most out of their 1KOMMA5° solar and battery system; delivering the cheapest and cleanest energy possible. Once activated, Heartbeat AI runs continuously in the background, making thousands of trading decisions per day.