Tigo Energy Adds Dynamic Rate Management for EI Residential Solar-Plus-Storage Solution in EU
Rhea-AI Impact
(Moderate)
Rhea-AI Sentiment
(Neutral)
Tags
Key Terms
dynamic ratesfinancial
Dynamic rates are prices or interest levels that change automatically based on supply, demand, market conditions or a preset formula rather than staying fixed. Think of them like a thermostat or ride-share surge pricing that moves up or down to match real‑time conditions; for investors this matters because changing rates affect revenue, profit margins, customer behavior and cash flow predictability, which in turn influence a company's valuation and risk profile.
wholesale dynamic energy pricesfinancial
Wholesale dynamic energy prices are the rates at which large quantities of electricity or gas are bought and sold between generators, utilities and big consumers, and they change frequently in response to supply, demand, grid conditions or market signals. Investors care because these shifting wholesale rates directly affect the revenue and costs of energy producers, retailers and heavy users, creating profit or loss swings and trading opportunities—like grocery wholesale prices that can rise or fall hourly and reshape margins.
feed-in tarifffinancial
A feed-in tariff is a government-guaranteed payment rate for electricity that small producers deliver to the power grid, typically set above market prices for a fixed period to encourage renewable energy projects. It matters to investors because it creates predictable, long-term revenue like a locked-in contract for a homeowner renting out a room, reducing project risk, improving financeability, and directly affecting project valuations and returns.
machine learningtechnical
Machine learning is a set of computer programs that learn patterns from large amounts of data and improve their predictions or decisions over time, like a recipe that gets better each time it’s adjusted based on taste tests. For investors it matters because these systems can speed up analysis, spot trends or risks humans might miss, automate routine work, and potentially create competitive advantages or cost savings that affect a company’s performance.
day-ahead marketfinancial
A day-ahead market is a wholesale marketplace where buyers and sellers lock in quantities and prices for delivery of electricity (or other short-term commodities) for each hour of the following day. It works like reserving a delivery window one day in advance, which sets the schedule and reference prices operators use to plan supply and demand. Investors watch day-ahead prices because they provide transparent signals about near-term revenue, operating costs, and price volatility for utilities, generators and energy traders.
dynamic electricity tariffsfinancial
Dynamic electricity tariffs are pricing plans where the price consumers pay for power changes throughout the day based on actual supply and demand or wholesale market prices. Like surge pricing for rideshares, they give households and businesses a financial signal to shift usage to cheaper times, which matters to investors because these plans can change utility revenue patterns, affect demand volatility, and influence the economics of energy storage, electric vehicles, and renewable projects.
Tigo EI Residential solar-plus-storage solution moves with real-world demand through a new smart feature that maximizes savings and grid independence.
LOS GATOS, Calif. & MONTEVARCHI, Italy--(BUSINESS WIRE)--
Tigo Energy, Inc. (NASDAQ: TYGO) (“Tigo” or “Company”), a leading provider of intelligent solar and energy software solutions, today announced the addition of Dynamic Rate Management to the Tigo EI Residential solar-plus-storage solution. This new capability enables Tigo all-in-one ecosystem to intelligently respond dynamically to changes in electricity rates. This addition of Dynamic Rate Management comes at a time when European energy companies are rapidly expanding the use of dynamic rates across several EU nations. The Dynamic Rate Manager will be available for new Tigo EI customers as well as existing EI Residential system owners as a part of a software update with no additional hardware, accessories, or configuration required.
The Dynamic Rate Management feature allows the EI Residential solution to automatically acquire and interpret wholesale dynamic energy prices, often updated on a day-ahead basis, and plan system behaviour to optimize the use of solar, battery, and grid power based on forecasted price patterns. With Dynamic Rate Management from Tigo, the complicated process of calculating and adjusting energy equipment behavior is fully automated.
“We had the opportunity to test the new Dynamic Rate feature ahead of the official launch thanks to our participation in the Tigo Installer Loyalty Program, and the benefits are immediately visible,” said Michael Schmittinger, Managing Director at MMS Communication GmbH & Co. KG. “The Tigo EI platform builds a precise daily schedule for energy flow and battery management that mirrors the actual price curve with remarkable accuracy. For our customers, this translates into tangible savings and a level of automation that removes all complexity. It truly feels like having a smart energy manager constantly working in the background to extract the maximum value from every kilowatt-hour.”
Accessible through the Tigo Energy Intelligence app, Tigo EI system owners can now view a detailed overview of forecasted wholesale electricity prices directly on their smartphones. The Dynamic Rate Manager leverages machine learning to analyze day-ahead market data and generate a personalized 24-hour energy plan, clearly highlighting both peak and off-peak hours in the app. Users may also customize how the system behaves, such as charging the battery from the grid during off-peak periods or discharging during peak-price windows, depending on local feed-in tariff rules. According to the smart home company tado°, in the first half of 2024, households with a dynamic electricity contract that optimized consumption saved up to 34% on electricity costs compared to the average wholesale market power price (excluding fees and taxes).
“As dynamic electricity tariffs become the norm across Europe, intelligent automation is no longer optional; it is essential for delivering meaningful energy savings, greater system independence, and effortless user experience,” said Archie Roboostoff, Vice President of Software at Tigo Energy. “With Dynamic Rate Management, the EI Residential platform deploys machine learning on each homeowner’s consumption patterns and automatically optimizes the best financial outcome, removing the guesswork of manual programming and reflecting our commitment to providing homeowners and installers with smart, resilient, and future-ready energy solutions.”
Dynamic Rate Management from Tigo is available in Germany, the United Kingdom, and the Netherlands, with additional countries to follow as power companies meet local integration requirements and roll out dynamic tariffs. To learn more about Dynamic Rate Management from Tigo, solar installers and system owners are invited to register here to join a webinar dedicated to dynamic rates on January 15, 2025.
About Tigo Energy
Founded in 2007, Tigo Energy, Inc. (Nasdaq: TYGO) is a worldwide leader in the development and provider of smart hardware and software solutions that enhance safety, increase energy yield, and lower operating costs of residential, commercial, and utility-scale solar systems. Tigo combines its Flex MLPE (Module Level Power Electronics) and solar optimizer technology with intelligent, cloud-based software capabilities for advanced energy monitoring and control. Tigo MLPE products maximize performance, enable real-time energy monitoring, and provide code-required rapid shutdown at the module level. The company also develops and provides products such as inverters and battery storage systems for the residential solar-plus-storage market. For more information, please visit www.tigoenergy.com.
