Enphase Energy has announced it is expanding its support for grid service programs – or virtual power plants (VPPs) – in New Hampshire, North Carolina and California powered by the new IQ Battery 5P.
Grid service programs are managed by regional utilities and use energy stored in home batteries to power communities when it is needed most, such as during periods of peak electricity demand. This reduces dependence on expensive and polluting power plants for electricity and in return provides incentives to homeowners from their own utilities. Incentive programs can provide a rebate 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: Participants who participate in this program and install three IQ Battery 5Ps and at least 10 kW of solar with a Duke Energy Trade Ally installer are eligible to receive a $9,000 upfront incentive. Customers who also enroll in Duke Energy’s battery monitoring programs – Duke Energy Power Manager or Duke Energy Progress EnergyWise – are eligible for additional ongoing monthly bill credits.
- 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 incentives worth approximately $3,000 over the ten-year participation period, beginning at the time of enrollment.
- Eversource New Hampshire Clean Energy Fund (NHCEF) Battery Storage Program: Participants who participate in this demand response program and 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 advanced software and hardware are designed to simplify participation in network service 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
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