Australia's Ergon Energy Selects SunPower, Sunverge Energy for Residential Solar and Storage Program


27% profits every 20 days?

This is what Nic Chahine averages with his options buys. Not selling covered calls or spreads... BUYING options. Most traders don't even have a winning percentage of 27% buying options. He has an 83% win rate. Here's how he does it.


Supporting the Government of Queensland's commitment to generate 50 percent of its electricity from renewable sources by 2030, local utility Ergon Energy has contracted with SunPower (Nasdaq: SPWR) to offer high efficiency photovoltaic (PV) solar power systems with energy storage technology from Sunverge Energy to 33 Queensland homes. This is Ergon Energy's first residential solar and storage project to be piloted in a limited release commercial offer. "Ergon Energy is looking to the future and partnering with SunPower and Sunverge to provide solar and battery systems as part of this trial due to the unique demand management features which allow stored power to be put back into the grid. We hope to create customer and network value by utilising energy resources located at the customer premises," Ergon Energy Chief Executive Ian McLeod said. "This is an important step towards more efficient ways to run electricity networks and also towards giving customers greater choice and control in how they manage their electricity needs.  We want to be at the forefront of these developments to increase customer service offerings and reduce investment into constrained areas of the network."  The project See full press release

27% profits every 20 days?

This is what Nic Chahine averages with his options buys. Not selling covered calls or spreads... BUYING options. Most traders don't even have a winning percentage of 27% buying options. He has an 83% win rate. Here's how he does it.


ENTER TO WIN $500 IN STOCK OR CRYPTO

Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!

Posted In: NewsContractsPress Releases