Energy Choice
                            

Matters

Solar, Storage Company Sunvault Energy Enters into Agreement with Edison Power Company to Enter Retail Energy Market

April 14, 2015

Email This Story
Copyright 2010-15 EnergyChoiceMatters.com
Reporting by Paul Ring • ring@energychoicematters.com

Sunvault Energy Inc., a company offering solar and storage solutions, announced today that it has signed a binding letter of intent with the Edison Power Company to retail power within de-regulated power markets.

"The first market as part of the roll out strategy concentration will be the Alberta market followed by other similar markets and markets that have time of use pricing," Sunvault said.

"The Edison name resonates well with consumers across North America," stated Gary Monaghan, Chief Executive Officer of Sunvault Energy.

"Introducing Edison Power to the Alberta community will begin the process of introducing our Graphene Supercapacitor Power Storage Technology into the area of Grid stabilization as well as establishing the Edison Power Company brand to the Alberta consumer," Monaghan said.

Sunvault will work through its incubation company, Aboriginal Power Corp for power sales within First Nations territories under the direction of Sunvault President, Trent Blind.

"The company is working closely with Edison to launch a new power retail program that will be unique in its approach and will benefit Alberta consumers far beyond what competitors have been able to offer these consumers," Sunvault said.

"Clean and green energy combined with our Graphene Supercapacitor technology will be a first for Alberta and a launching pad for similar opportunities in other areas," said Sunvault President Trent Blind. "Unlike marketing techniques offered by companies such as Bullfrog Power – with messages summarized as - 'We cost more but we are Green' -- our plans are to cost less than existing market providers while offering the same kind of Green benefit to our consumers," Blind added.

"Sunvault plans to utilize its technology development and come back to its customer base that will be created through the Edison power sales to further enhance consumers' lives with lower priced power technology. The stand up solar appliance combined with its graphene super capacitor technology will result in the ability for a home owner to get off the power grid entirely through the combination of technologies starting with solar generation and the graphene supercapacitor that would store the generated energy. The graphene super capacitor unlike lithium and other batteries is carbon based and does not pose a threat of harmful elements being installed into homes," the company said

"The Company believes its Solar appliance device plans far surpasses the 'roof full of solar panel approach' for ease of entry and removes the barrier to entry that potentially resides in most consumers' minds; because of the construction project approach they currently face for deployed solar," Sunvault said.

"The ability to fast charge devices with pseudo/Supercapacitor units versus a slower energy charge and release of lithium Ion batteries will impact the smart phone, electric car, power grid stabilization and home off the grid markets. In layman terms - A smart phone that will be charged in under a minute and an electric car can both be powered by the graphene pseudo/supercapacitor that can fast charge more rapidly than any battery and effectively last a life time, will significantly change the landscape of the future. In every decade there is some breakthrough technology that will significantly impact the world and its future, Sunvault believes for 'this decade that breakthrough is graphene and all of its potential uses,'" Sunvault said.

ADVERTISEMENT
NEW Jobs on RetailEnergyJobs.com:
• NEW! -- Account Manager -- Houston
• NEW! -- Director of Operations -- Retail Supplier -- Houston
• NEW! -- Operations Analyst -- Retail Supplier
• NEW! -- Analyst, Residential Pricing and Analysis -- Retail Supplier -- Houston
• NEW! -- Regional Sales Manager --Retail Provider -- Dallas, TX
• NEW! -- Electricity Analyst -- Retail Supplier
• NEW! -- Natural Gas Pipeline Scheduler -- Retail Supplier
• NEW! -- Business Development - Energy Advisor -- Houston
• NEW! -- Billing & Transaction Analyst -- Houston
• NEW! -- Associate Counsel, Regulatory Affairs -- Retail Supplier
• NEW! -- Marketing Director -- Retail Supplier
• NEW! -- Energy Supply Trader - Retail Supplier -- Houston
• NEW! -- Sales Director -- Retail Supplier -- New York
• NEW! -- Sr. Pricing Analyst -- Retail Supplier -- Houston
• NEW! -- Business Development Manager – Broker Sales -- Retail Supplier -- DFW