US tech giant Tesla and Vermont-based electric services provider Green Mountain Power (GMP) have launched a home energy solution which initially unites Powerwall and Powerpack lithium-ion batteries into a single resource of shared energy.
GMP plans to install Powerpacks on utility land and deploy up to 2,000 Powerwall batteries to households within the service area to enable more renewable energy and increase grid efficiency.
For $15 a month or a $1,500 one-time payment, customers will receive backup power to their home for the next 10 years, eliminating the need for traditional, manually-controlled backup generators that use fossil fuel.
Meanwhile, the partnership will deliver multi-grid service integrated with the network of Powerwall batteries to help reduce peak load up to 10MW, which is the equivalent of taking an average of 7,500 homes off the grid.
Tesla has also announced its plan with GMP to dispatch the Powerwall-Powerpack aggregation into New England’s wholesale electricity markets, producing additional savings for their customers in the region.
Tesla says the partnership with GMP was just a start and there was more cooperation with other utilities, energy retailers, and grid operators going on worldwide to help Tesla achieve its sustainable energy ambition through using its own batteries.