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A growing number of homeowners are getting paid to leverage their rooftop solar, battery storage, and electric vehicles to help prevent power outages and clean up the grid. https://lnkd.in/ezK5VVrk Chris Rauscher, J.D.

Homeowners are getting paid up to $10,500 a year to create 'virtual power plants' to help out stressed grids

Homeowners are getting paid up to $10,500 a year to create 'virtual power plants' to help out stressed grids

businessinsider.com

Jeff L.

Army Veteran | Weekend Rock Star | Connector of Good People to Good Jobs

1mo

This is a great idea for folks who live in highly regulated areas for energy. Places like CA, CO, KS and others. It gets much harder for the homeowner to realize savings in places like TX or AZ where energy distribution is deregulated and prices are already much more affordable. It's the difference between paying $.30+ per KWh in CA versus $.13 KWh in TX. Speaking of a Power Purchase Agreement (PPA), a homeowner in CA can save several cents per kWh. In TX, with the same PPA, the homeowner can't break even, let alone save. The TX homeowner has to take out a loan and buy the system if they want to realize any savings on their monthly average bill.

Bill Hayes, CFA

Economic and investment analyst focused on the energy transition and start-up companies.

1mo

A win win win solution: using available home battery capacity to arbitrage changes in electricity prices.......with the benefits shared between homeowner, Sunrun stockholders, and the stability of the grid as a whole.

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Sandra Trittin

Climate Tech Entrepreneur l Scaling for impact l Bloomberg New Voice l #letsmakeithappen

1mo

Chris Rauscher, J.D. it would be great to see how we can even increase the payback further!

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