Power Companies Want to Tap the Tesla Batteries in Your Home

www.bloomberg.com

Power companies are being forced to adjust to a new world where consumers are taking control of their energy generation and consumption, installing solar panels on their roofs and batteries in their homes. These utilities seem to have found a new way to pay their customers - tap electricity from their power-storage systems. National Grid has enrolled 40 customers who have installed batteries in their homes in a new program, allowing the company to use the customers' stored energy during times to peak load in order to offset the utilities' generation costs. National Grid is targeting 280 customers across the two states by early next month.

Read more...
Linkedin

Want to receive more content like this in your inbox?