Localvolts Pty Ltd
Localvolts operates an Australian peer-to-peer electricity marketplace where residential and small business customers in ACT, NSW, QLD, SA, and TAS can set their own buy and sell prices and trade directly with chosen counterparties.
- Company typePrivate
- Founded2021
- HeadquartersManly, NSW, Australia
- Headcount1–10
- GTM typeB2C
- OfferingServices
What Localvolts Pty Ltd does
Localvolts Pty Ltd operates an Australian peer-to-peer electricity marketplace where grid-connected residential and small business customers in the ACT, NSW, QLD, SA, and TAS can set their own buy and sell prices, trade electricity directly with chosen counterparties, and access wholesale spot market pricing. The company is an authorised electricity retailer under the National Electricity Retail Law and holds an Australian Financial Services Licence, enabling it to operate both retail electricity supply and an electricity and derivatives marketplace from its base in Manly, NSW. Founded by Jitendra Tomar, the firm is privately held and runs with 1–10 employees, having received grant support from the NSW Department of Industry, Skills and Regional Development through the Innovate NSW program.
Localvolts Pty Ltd firmographics
Firmographics- Name
- Localvolts Pty Ltd
- Legal name
- Localvolts Pty Ltd
- Website
- https://localvolts.com
- Company type
- Private
- Founded year
- 2021
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Localvolts operates an Australian peer-to-peer electricity marketplace where residential and small business customers in ACT, NSW, QLD, SA, and TAS can set their own buy and sell prices and trade directly with chosen counterparties.
- Ownership category
- akta.pro rank
Localvolts Pty Ltd industry classification
Industry- Product category
- Peer-to-Peer Electricity Marketplace
- NAICS
- Electric Power Transmission, Control, and Distribution (22112)
- SIC
- Cogeneration Services & Small Power Producers (4991)
- akta.pro primary industry
- Energy Supplier Partner Networks / White-Label Brokerage Programs (EUAGAEAK)
- akta.pro secondary industries
- Customer Energy Engagement (In-Home Displays, Portals, Usage Insights) (EUADAFAH), Customer Self-Service Portals & Digital Experience (Web/Mobile) (EUAJAHAK)
Keywords
Where Localvolts Pty Ltd is headquartered
LocationHeadquarters
- HQ city
- Manly, NSW
- HQ country
- Australia
- HQ region
- Oceania
Offices1 record
Markets served
Localvolts Pty Ltd business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Technology or R&D, Personnel, Operations, Marketing or Sales, Infrastructure, Supply Chain
Revenue model
- Daily Service Fee: Residential customers pay a daily service fee of $1.10/day for access to the marketplace platform and electricity supply. This is the primary recurring fee for platform access.
- Pass-through Energy and Network Charges: All energy costs, network charges, metering fees, government certificate costs (LGCs, STCs), AEMO market fees, and ancillary services are passed through to customers at cost with no markup. Revenue is derived from the spread and fee structure rather than markup on these regulated charges.
- Post-pay Financing Charge: Interest charge applied when customers choose to pay after receiving their bill rather than pre-paying. This covers the financing cost for the days from issue date to pay-by date.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Monthly | Residential Standard - Daily Service Fee |
| Subscription | Annual | Standing Offer Rates - Annual Publication |
Go-to-market motion1 record
Distribution channels3 records
Marketing channels6 records
Localvolts Pty Ltd product offering
Product offeringCore offering
Localvolts operates a peer-to-peer electricity marketplace where residential and small business customers can set their own buy and sell prices, trade directly with chosen counterparties (friends, family, community members, or other market participants), and access AEMO wholesale spot market prices. The platform combines a web-based trading interface with a real-time API for smart device automation and supports Virtual Power Plant program participation for battery owners across ACT, NSW, QLD, SA and TAS.
Product overview
Localvolts operates a peer-to-peer electricity marketplace — the core platform through which customers buy and sell electricity directly with each other or with the wholesale market at self-determined prices. The offering is a platform-plus-modules architecture: the Localvolts Electricity Marketplace is the central platform, supplemented by a Real-Time API for developer automation, the Energy Sell Offer and Purchase Contract systems (wizards for creating peer-to-peer trades), a Standard Retail Contract and a Market Retail Contract (serving residential and business customers under the National Energy Retail Law), a Solar Sharer Offer for solar owners, and a Virtual Power Plant Program for battery owners. All modules share the same marketplace infrastructure and API, and customers in ACT, NSW, QLD, SA, and TAS can access the full suite.
Differentiator
Problem solved
Functional benefit
Products and services
- Localvolts Peer-to-Peer Electricity Marketplace A web-based peer-to-peer electricity marketplace where grid-connected residential and small business customers in ACT, NSW, QLD, SA and TAS can set their own buy and sell prices, trade directly with chosen counterparties (anyone, friends, or family), and fall back to AEMO wholesale spot prices; licensed under National Electricity Retail Law with itemised pass-through billing.
- Localvolts Real-Time API
Quantifiable outcome
- No contract lock-in or exit fees - customers can leave anytime without penalty
- +2 more outcomes
Companies that use Localvolts Pty Ltd
Customer profileSegments4 records
Ideal customer profiles4 records
Localvolts Pty Ltd technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration1 record
AI capability4 records
Feature5 records
Localvolts Pty Ltd partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- New South Wales GovernmentminorLocalvolts received partial support from the NSW Department of Industry, Skills and Regional Development through the Innovate NSW program. This appears to be grant funding rather than a commercial partnership.
Scale indicators2 records
Recent moves6 records
Expansion highlights6 records
Localvolts Pty Ltd competitors and assessment
Company assessmentBroad incumbents
- AGL Energy: One of Australia's largest incumbent electricity and gas retailers, operating across the NEM. Competes with Localvolts for residential and small business customers with bundled pricing, brand scale, and significantly larger acquisition budgets.
- Origin Energy: Major Australian integrated energy retailer with substantial residential customer base and solar/battery offerings. Direct competitor to Localvolts in the same NEM geographies, with vastly greater scale and default-contract advantages.
- EnergyAustralia: Large Australian incumbent electricity and gas retailer serving residential and business customers across the NEM. Comparable customer segments and competitive set for Localvolts, but with broader product portfolio and brand recognition.
Direct peers
- Vandebron: Dutch peer-to-peer energy marketplace enabling consumers to buy directly from independent renewable generators. Highly comparable business model to Localvolts: customer-controlled sourcing, transparent pricing, and direct producer-to-consumer electricity matching.
- Power Ledger: Australian-founded peer-to-peer energy trading and environmental asset trading platform. Closest direct competitor to Localvolts, operating in adjacent Australian and international markets with similar P2P electricity trading functionality and blockchain-based settlement.
- SunContract: European peer-to-peer energy trading platform using blockchain-based settlement for households and businesses to buy and sell electricity directly. Comparable marketplace model with self-set pricing and disintermediation of traditional utilities.
- Piclo (by Kraken): UK-based matching platform connecting local renewable generators with energy buyers; now part of Octopus Energy's Kraken platform. Comparable as a market-matching layer for prosumers and consumers seeking renewable energy sourcing transparency.
Emerging players
- Reposit Power: Australian Virtual Power Plant operator aggregating residential battery and solar assets for grid services and retailer arbitrage. Comparable to Localvolts' VPP module and competing for the same battery-owner customer segment in Australia.
- Electron (ElectronConnect): UK-based energy trading platform enabling peer-to-peer and distributed energy resource trading via distributed ledger infrastructure. Comparable emerging player in the P2P electricity marketplace space with overlapping DER integration focus.
Others
- Tesla Energy / Powerwall: Adjacent ecosystem player with Powerwall battery and VPP capabilities in Australia. Competes for the same battery-owning customers Localvolts targets for its VPP program, and represents a potential partner or competing platform for DER orchestration.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks7 records
Key highlights6 records
Customer concentration
Localvolts Pty Ltd social profiles
Digital presenceLocalvolts Pty Ltd compliance and trust
Trust signalCompliance2 records
Localvolts Pty Ltd financial estimates
Financial estimateRevenue estimate
Valuation estimate
Localvolts Pty Ltd leadership team
Management profileNumber of profiles
Profiles1 record
Localvolts Pty Ltd funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Localvolts Pty Ltd M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Localvolts Pty Ltd
What does Localvolts Pty Ltd do?
Localvolts operates a peer-to-peer electricity marketplace where residential and small business customers can set their own buy and sell prices, trade directly with chosen counterparties (friends, family, community members, or other market participants), and access AEMO wholesale spot market prices. The platform combines a web-based trading interface with a real-time API for smart device automation and supports Virtual Power Plant program participation for battery owners across ACT, NSW, QLD, SA and TAS.
Is Localvolts Pty Ltd a public or private company?
Localvolts Pty Ltd is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Localvolts Pty Ltd founded?
Localvolts Pty Ltd was founded in 2021. It employs 1 to 10 people.
Where is Localvolts Pty Ltd based?
Localvolts Pty Ltd is headquartered in Manly, NSW, Australia, in the Oceania region.
How does Localvolts Pty Ltd make money?
Three revenue lines are on record. Daily Service Fee is the primary driver. The others are pass-through Energy and Network Charges and post-pay Financing Charge.
Who are Localvolts Pty Ltd's main competitors?
Broad incumbents on record are AGL Energy, Origin Energy and EnergyAustralia. Direct peers are Vandebron, Power Ledger, SunContract and Piclo (by Kraken). Emerging players are Reposit Power and Electron (ElectronConnect). Tesla Energy / Powerwall is listed as an others.
Does Localvolts Pty Ltd have an API?
Yes. Localvolts provides a real-time API that delivers 5-minute market pricing data from both peer-to-peer and wholesale markets, including interval data, earnings/cost flex signals, and battery control fields. The API enables automation of smart device responses to live electricity prices — charging batteries during low/negative price periods, scheduling appliances, controlling solar inverters for export revenue, and integrating with home automation platforms such as Home Assistant. Key endpoints include GET /market/stats, GET /customer/interval, and POST /customer/interval. Partners integrate via server-to-server calls using a Partner ID and API key. Customers access their private API token from their profile page in the marketplace app. Developer documentation is at localvolts.com/localvolts-api.
What industry is Localvolts Pty Ltd in?
Localvolts Pty Ltd's product category is Peer-to-Peer Electricity Marketplace. Its primary akta.pro industry code is EUAGAEAK, Energy Supplier Partner Networks / White-Label Brokerage Programs, with a secondary code of EUADAFAH, Customer Energy Engagement (In-Home Displays, Portals, Usage Insights). Its NAICS code is 22112 and its SIC code is 4991.