Grid services programs are managed by regional utilities and use energy stored in home batteries to help power communities when it is needed most, like during periods of peak electricity demand. This reduces reliance on costly and polluting power plants for electricity and, in return, provides incentives to homeowners from their own utilities. Incentive programs may serve as a discount on the purchase of an Enphase Energy System with IQ Batteries or as ongoing payments to participating homeowners. Most recently, homeowners who install Enphase IQ batteries are now eligible to participate in the following programs:
- Duke Energy PowerPair Program
- San Diego Community Power Solar Battery Saving Program: Participants who participate in this program and install two IQ Battery 5Ps are eligible to receive an upfront incentive rebate of $3,150. Customers are also eligible to receive ongoing performance incentive payments worth approximately $3,000 over the ten-year participation period, from the time of enrollment.
- Eversource New Hampshire Clean Energy Fund (NHCEF) Battery Storage Program
“Our cutting-edge software and hardware are designed to simplify participation in grid services programs for homeowners,” said Mehran Sedigh, senior VP of sales at Enphase Energy. “Central to this effort is the new IQ Battery 5P, which offers exceptional durability and value for homeowners. We are proud to expand our support for virtual power plants across the United States.”
News item from Enphase Energy