About Us
LYNQ Energy was founded on the belief in equal free market access, and that we have a duty to preserve our world so future generations can enjoy it as we have. We want to empower Canadians with clean, affordable energy ensuring everyone has access to a sustainable future and a resilient energy grid!
LYNQ has built a program to allow everyday users to lower their energy costs and minimize the impact of electricity bills on their daily lives by leveraging their electrical equipment like solar, batteries, and electric vehicle chargers. We are bringing Albertans together to develop a Virtual Power Plant that is made up of individual batteries all over the province aggregated together over the internet to help building owners lower energy costs, support clean energy, and increase resilience.
Electricity markets in Alberta are classically only available to large industrial facilities. Your transmission and distribution fees come from these facilities. By installing a battery, you can help strengthen the grid, support a sustainable future and earn income by becoming part of our aggregated network of battery systems to access Alberta energy markets and lower your electricity bill, turning it from a liability to an asset.
Our Values
CLEAN
LYNQ invites you to join us in building a sustainable legacy, ensuring that future generations can experience the natural wonders of the world we have been so fortunate to enjoy.
With grid-connected, on-site batteries, LYNQ optimizes your energy usage. This is accomplished by storing low emissions energy, and exporting electricity during times of high emissions.
The added flexible storage capacity allows for integration of more clean renewable energy that is intermittent in nature such as Wind and Solar.
AFFORDABLE
At LYNQ, we believe that end users should be able to support the electricity grid in the same way industries do, while getting paid to do it. We give users freedom to control their electricity, reduce costs, and earn income.
By leveraging your flexible energy assets, LYNQ is able to earn you money through services while ensuring you see no change in day to day operations. We help you monetize your assets to reduce the initial capital investment installing batteries and solar.
We are initially using batteries but are onboarding other assets to increase your earning potential.
RESILIENT
Nobody should be concerned about accessibility to power, especially to run critical infrastructure during your most vulnerable times. Help to secure your home or business, strengthen your community’s grid, and earn income while doing so. Our vision is a future without grid alerts.
An alternative to a backup generator that is quite, clean, and earns passive income. Adding a battery system to your building increases your resiliency to outages, climate disasters, and reduces your dependance on the electrical grid.
Estimated Earnings per system (2019-2023)
Historic Earnings
To determine the earning potential of the virtual power plant (VPP) a model was created using the last 5 years of market data from the Alberta Electric System Operator (AESO). The model forecasted earnings ranging between $2,500 to $6,500 per year for a single battery. Larger installations for Commercial and Industrial facilities scale up as the number of batteries installed increases. 2022 is treated as an outlier due to extremely high costs within the energy sector at the time.
FAQ’s
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Markets managed by the Alberta Electric Systems Operator (AESO) are accessed when you become part of our VPP. You are paid for the service you provide to the AESO through LYNQ's integrated and optimized network of batteries.
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If you own a building or house in Alberta, submit the form on our sign up page. LYNQ will contact you to complete follow-up information and collect a $50 refundable deposit to finalize your reservation.
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Battery charging and discharging are credited at the same rate. Anything spent to charge the battery will be recuperated when the battery exports energy.
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When connected to the grid your battery is managed in the most cost-effective way possible. This includes the management of price, demand and emissions. In the case of a power outage you can use the battery as a backup for your house or building for up to 30 hours of critical systems (without any additional solar generation).
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LYNQ Energy monitors grid signals for price, emissions, and demand to optimize energy use. If a grid disruption occurs, your battery is activated to supply energy, which earns you income. In non-emergency events, LYNQ asks that you don’t use your battery to ensure availability of the battery when needed.
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On average, the battery is expected to cycle once per week. Fluctuations will occur throughout the year based on grid characteristics.
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LYNQ’s focus is on batteries due to their flexibility. If you are interested in solar as well, we can assist with the integration of solar into the system and earn you additional income.
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We are currently taking reservations for a pilot project on our sign up page. When our customer threshold is reached, we will help you install you battery system and initiate monetization.
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We partner you with a trusted local contractor who will assist with any equipment issues.