New smart electricity solution for property owners with internal electrical grid

Press release November 13th, 2024 For Swedish, click here. Nordic Propeye and Solfolket have entered into a strategic partnership

Press release November 13th, 2024

For Swedish, click here.

Nordic Propeye and Solfolket have entered into a strategic partnership that provides property owners with internal electrical grids—such as farms, industrial properties, and housing cooperatives—with new opportunities to implement smart solutions for submetering and electricity billing. The partnership enables property owners to offer their tenants more efficient energy management and full control over energy consumption.

With the joint solution, property owners can easily invoice their tenants based on their actual electricity consumption, creating transparency and simplifying the process. The property owner also gains the opportunity to charge for the administration of the local electricity network.

Smart control of electricity consumption based on hourly prices reduces total costs

The new solution allows both property owners and tenants to optimize electricity consumption according to hourly prices. They can easily connect smart devices such as electric cars, heat pumps, and inverters that are controlled based on current hourly rates. This leads to additional cost savings and future-proofs the property with full flexibility.

“Our collaboration with Nordic Propeye is an important step in driving the development of energy communities and sustainable property solutions in Sweden. Together, we offer property owners and tenants smart technical solutions that not only reduce costs but also provide full control over energy consumption,” says Martin Malmveld, CEO of Solfolket.

Jacob Lundberg, Sales and Business Development Manager at Nordic Propeye, adds: “Our initial pilot projects have been successful and demonstrate the great need for our smart solutions in this sector. Solfolket is a perfect partner for us thanks to their innovative business models that offer customers favorable electricity prices while contributing to a smart and sustainable world.”

For Further Information

Jacob Lundberg, Sales and Business Development Manager, Nordic Propeye

jacob.lundberg@propeye.se, +46 70 323 60 02

Martin Malmveld, CEO, Solfolket

martin@solfolket.se, +46 72 904 26 53

About Solfolket

Solfolket is building Sweden’s platform for energy communities where electricity consumers and producers together create a sustainable and efficient energy future. With our renewable energy contracts, we help our customers—from private individuals and housing cooperatives to farmers and businesses—reduce their electricity costs through smart technology and transparent pricing that optimizes electricity usage based on hourly rates. Read more at www.solfolket.se.

About Nordic Propeye

Nordic Propeye offers technical solutions for individual measurement of electricity, heat, and water, serving housing cooperatives and commercial properties. The solutions also measure temperature, humidity, CO₂, radon levels, and more, which can be used for energy-saving and damage-preventing measures. The products contribute to cost savings for customers, as well as reduced CO₂ emissions, water consumption, and an improved indoor climate. Read more at www.nordicpropeye.com.

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