AE-1 Battery Lets You Buy Power When It's Cheapest | Auckland News

A new Kiwi energy startup is launching the AE-1 home battery system in Auckland and Christchurch, letting users buy power at wholesale prices for just $20 a month—potentially slashing annual bills by 65%. Priced at $10,500 plus $1,500 installation, it’s aimed at high-energy households who can benefit from smart software that predicts price drops and automatically stores cheap electricity. It even integrates with solar panels to sell excess power back when prices are high. Backed by big names like Sir Stephen Tindall and Tesla’s former Energy COO, the company has tested its tech through volatile market spikes—including last August’s price surge—and says it’s now more resilient. Built locally, this isn’t for everyone, but for power-hungry homes, it’s a serious money-saver. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/12836b806fd203be