Symphonics buys up surplus stock to support producers' income
Symphonics purchases surplus energy from solar power systems to help boost producers' income
As self-consumption projects—particularly community-based ones (ACC)—gain traction and many solar power systems reach the end of their feed-in tariff contracts, producers must find new ways to monetize their electricity and ensure their equipment remains profitable.
Symphonics, a specialist in smart energy management and an electricity supplier, is committed to supporting the solar industry and announces the launch of a service dedicated to purchasing and utilizing surplus electricity. This service is available to all solar installations, both commercial and residential.
Symphonics is committed to purchasing excess energy for all equipment
Symphonics positions itself as a buyer of surplus power from a broad portfolio of solar installations, ranging from residential sites to commercial properties, up to 10 MWp.
The company aggregates these volumes to maximize their value on the energy markets. It pools all of the surplus energy it purchases in order to resell it under the best possible conditions.
A growing challenge as purchase obligations come to an end
To cater to the diverse needs of producers, Symphonics offers several types of packages:
- Fixed-price offers
- Offers indexed to market prices (spot or M0), particularly for sites seeking additional compensation
These solutions are designed to integrate seamlessly into both individual and community self-consumption models, maximizing the value of surplus energy fed into the grid. Symphonics is already working with organizations that manage community self-consumption projects (PMOs) to optimize revenue for energy producers.
A growing challenge as purchase obligations come to an end
Starting next year, an increasing number of solar power installations will reach the end of their feed-in tariff contracts, as these agreements are not renewable (3,000 contracts will expire in 2027, followed by 100,000 in 2028).
In this context, producers must find new markets to sell their electricity.
Symphonics offers a solution that helps secure a revenue stream for these facilities by purchasing their surplus energy, aggregating it, and selling it on the energy markets.
An integrated approach to the energy chain: production – aggregation – supply
As an energy provider, Symphonics is able to offer a comprehensive approach that combines:
- Utilization of surplus production
- Aggregation of assets
- Supply of electricity to meet customers' remaining needs
This approach enables the development of comprehensive energy solutions tailored to new models of decentralized consumption.
With this new offering, Symphonics aims to support producers through the post-feed-in-tariff transition and help foster a more dynamic and competitive market for the utilization of solar power.
About Symphonics
Founded in 2023, Symphonics is an innovative French scale-up at the heart of the ecological transition, specializing in the intelligent control of electricity production, supply and storage and consumption equipment. Thanks to its connected platform, Symphonics can significantly reduce its customers' energy bills and carbon footprint by automatically shifting their consumption to times when energy is cheapest and least carbon-intensive. Symphonics offers its residential, commercial and industrial customers a range of "controlled energy" services, including electricity purchase, aggregation, flexibility and energy supply. Symphonics is certified by RTE and Deeptech accredited by BPI France, and is authorized to manage electricity production, storage and consumption. With more than 350,000 connected devices, Symphonics helps individuals and businesses to consume greener, cheaper electricity.
Press contacts Open2europe :
Florine Garreau: f.garreau@open2europe.com, 06 42 28 40 44
Anaïs Loyzance: a.loyzance@open2europe.com, 01 55 02 14 76
