Battery Ownership Model
Pi's no-cost model rests on a simple principle: Pi owns the equipment — always. This page explains exactly what that means for you.
Who owns the solar and battery?
Pi does. The solar panels, inverter, battery storage, monitoring systems and all associated hardware remain Pi's property for the life of the agreement. You do not buy, finance or loan the equipment.
What does Pi's ownership cover?
- Installation by SAA-accredited installers to Australian Standards AS4777 and AS5033
- 24/7 monitoring of system performance
- All maintenance and repairs
- Equipment replacement — you will never receive a bill for a faulty inverter, a degraded battery or a broken panel
Your only obligation is the $0.26/kWh rate for the energy you use.
What do I actually own or pay for?
You pay for the energy your system provides at a flat $0.26/kWh, plus property supply charges passed through at cost. You do not own the hardware — which is exactly what removes the upfront cost and the maintenance risk.
What happens if I sell or move house?
Because the equipment stays installed and Pi retains ownership, the system typically transfers with the property, or we work through options with you. It is not a blocker to selling your home.
What happens if Pi ceases to operate?
The hardware remains installed on your home. Pi owns the equipment but it stays in place, and continuity arrangements are in place to protect customers.
Is the battery used for the virtual power plant?
Yes — your battery is enrolled in Pi's Virtual Power Plant, which is what funds the no-cost offer. Pi prioritises your backup needs first, so participation never leaves your home exposed during an outage. See the VPP participation model.
Pi Ops Pty Ltd (ABN 85 685 996 114) trading as Principle and Innovation (Pi).