What is Qbots?
Did you know that only 50 % of your energy bill is actual energy costs, and the rest is made of various costs such as time-of-use charges for transmission and distribution, capacity balancing, and renewable levies? These non-commodity costs are predicted to increase year-on-year with our current electricity network as we try to meet renewable targets while ensuring the security of supply.
Qbots is a Manchester-based start-up established with the vision of tackling energy challenges using the latest advancements in data analytics, IoT, and automation.
We target these additional charges aiming to reduce energy bills by at least 20%, while also earning revenues and creating new opportunities for asset owners.
At Qbots we help building owners take control of their energy future, by enabling their buildings to actively participate in the energy markets.
Up to 16% of the UK’s peak electricity requirement or 9.8GW can be provided by non-domestic customers either shifting demand away from busy periods or using on-site generation with flexible energy storage. £2.4 billion of system cost savings per year could be achieved by 2030 with the addition of energy storage, according to Carbon trust.