FAQs Archive - Page 2 of 2

Q: How do I share my energy with my family and friends?

First, you and your family members and friends must be registered with Localvolts. Then you create special targeted offers for them.

Q: I have multiple properties located in different states. Can I sell energy from one to the other?

Yes, you can make targeted offers to buy and sell energy across state boundaries. The relevant properties must be registered with Localvolts. If you sell your energy at a positive price, cash will flow from the consuming site to the producing property. If you sell your energy at zero price, no cash will flow between the consuming and producing properties. If you sell your energy at negative price, cash will flow from the producing site to the consuming property.

Q: How do you treat negative prices?

Negative prices for energy are normal and we pass them through the same way as positive energy prices. With negative energy prices, the effect on the producers and consumers of energy are reversed: generators pay out cash for their exported energy, while consumers receive cash for their imported energy. In the wholesale spot energy market, prices become negative when there is excess generation in the system. Persons with generators in the Localvolts market can also offer their energy at negative prices to transfer cash to the targeted consumer(s).

Q: Are the sources I would be buying from residential producers, or do they include large generators as well?

Our market is built for everyone and we are working to bring on a diverse group of buyers and sellers. Currently, all sellers are households.

Q: How often must I make buy/sell decisions? Is it something I can set up once and leave alone?

We encourage you to go through the buy (or sell) process at least once to set up your preferences with auto-renewals. With auto-renewals enabled, the system will continue to buy (or sell) on your behalf without any further action required from you. Naturally, you can stop or modify your preference set up at any time.

What happens if I consume more energy than I originally bought in my matched purchase? Or consume less than originally purchased?

All imported energy in excess of your original matched quantity [...]

What happens if I consume more energy than I originally bought in my matched purchase? Or consume less than originally purchased?Localvolts2022-10-04T21:31:10+00:00

What happens if I deliver more energy than I originally sold in my matched sale? Or deliver less than originally sold?

All exported energy in excess of your original matched quantity [...]

What happens if I deliver more energy than I originally sold in my matched sale? Or deliver less than originally sold?Localvolts2022-08-25T09:12:44+00:00

How do I share my energy with my family and friends?

First, you and your family members and friends must be [...]

How do I share my energy with my family and friends?Localvolts2022-10-04T06:39:01+00:00

I have multiple properties located in different states. Can I sell energy from one to the other?
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I have multiple properties located in different states. Can I sell energy from one to the other?

Can I buy clean energy?
Gallery
Can I buy clean energy?

Can I buy clean energy?

Yes. All sellers in our marketplace provide energy from zero [...]

Can I buy clean energy?Localvolts2022-11-17T13:48:20+00:00

Do I have to transfer to Localvolts as my electricity retailer in order to benefit from the Localvolts marketplace?

Yes

Do I have to transfer to Localvolts as my electricity retailer in order to benefit from the Localvolts marketplace?Localvolts2022-06-22T11:27:04+00:00

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I have multiple properties located in different states. Can I sell energy from one to the other?

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