Enphase Energy announced that it is expanding its support for grid services programs — or virtual power plants (VPPs) — in New Hampshire, North Carolina and California, powered by the new IQ Battery 5P.
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 enroll in the following programs:
- Duke Energy PowerPair Program: Participants enrolled in this program who install three IQ Battery 5Ps and at least 10 kW of solar with a Duke Energy Trade Ally installer are eligible to receive an upfront incentive of $9,000. Customers who also enroll in Duke Energy’s battery control programs — Duke Energy Power Manager or Duke Energy Progress EnergyWise — are eligible to receive additional ongoing monthly bill credits.
- San Diego Community Power Solar Battery Savings Program: Participants enrolled in this program who 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) for Battery Storage Program: Participants enrolled in this demand response program who install three IQ Battery 5Ps are eligible to receive an upfront incentive rebate of $3,000 for residential customers and $3,750 for commercial customers (up to $10,000 for eight IQ Battery 5Ps).
“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, providing 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