DO YOUR APPLIANCES PAY YOU MONEY? OURS DO.
Do your smart appliances pay you money? Ours do. With the Grid Optimizer, powered by Armada Fleetcommander, you can turn your passive asset (electric water heaters) into a revenue stream. Armada Fleetcommander is a proprietary cloud based software engine that networks electric water heaters together through a physical device (Grid Optimizer), creating a 'fleet' to balance supply and demand on the power grid. Fleetcommander can aggregate existing water heaters and enable load management faster and more efficiently that any other provide. Operators pay a premium for these services and we share that profit with you. As a property owner, you will receive a monthly check from NEP for use of water heaters in grid services.
ZERO FINANCIAL RISK
There is no upfront device or install cost and no ongoing cost to maintain the device. NEP will install Grid Optimizer on water heaters to provide services to the power grid. Property owners will continue to own, maintain and manage the water heaters. Installation is easy and non-invasive, requiring no interaction with the resident and no alterations to your water heater. With Grid Optimizer, you can generate an NOI of $2 per unit per month with no investment required.
The intelligent control technology constantly monitors comfort so residents notice no change in the temperature or availability of hot water. Water heater mechanics ensure temperatures will never go beyond set points so safety isn't an issue. Your water heater also maintains neutral to improved efficiency and Fleetcommander can proactively detect maintenance issues before your resident ever encounters a problem.
Additionally, NEP's use of electric water heaters for grid services provides a sustainable alternative that reduces our dependence on fossil fuels. As active, smart appliances, each water heater offsets nearly one ton of CO2 emissions annually.
COMMUNITIES WE SERVE:
MOBILE HOME PARKS