EnergyHub and Tesla to support the Northeast's largest battery virtual power plant

Rhea-AI Summary

EnergyHub (NASDAQ: ALRM) and Tesla, Inc. collaborate to offer a new in-app experience for Tesla Powerwall owners in the Northeast through the ConnectedSolutions program. The program allows Powerwall owners to enroll in utility programs seamlessly, earn up to $1,500 per year, and contribute to a virtual power plant (VPP) to curb peak demand and provide grid services.

Positive

• The collaboration between EnergyHub and Tesla streamlines the enrollment process for utility programs, making it easier for customers to participate and earn rewards. The ConnectedSolutions program offers a financial incentive of up to $1,500 per year for Tesla Powerwall owners, potentially driving higher adoption rates. The program's virtual power plant (VPP) concept contributes to grid stability and reliability, addressing the increasing demand for energy management solutions.

Negative

• None.

EnergyHub's ConnectedSolutions platform is first multi-utility flexibility program in the Northeast to offer new in-app experience for Tesla Powerwall owners

NEW YORK, Aug. 8, 2023 /PRNewswire/ -- Tesla, Inc. and EnergyHub, the industry's most experienced provider of distributed energy management systems (DERMS), have collaborated to enable ConnectedSolutions program enrollment via the Tesla app. The new in-app experience makes joining utility programs frictionless for electricity customers in Massachusetts, Connecticut, and Rhode Island who enroll in ConnectedSolutions, EnergyHub's largest bring-your-own-battery demand response program. The program links batteries to create a virtual power plant (VPP) that can be used to curb peak demand for electricity and to provide additional grid services. 

Tesla Powerwall owners who participate in the ConnectedSolutions program can earn for every kilowatt of benefit they provide to the grid—up to $1,500 per year depending on the size of the battery and the state where they live. Using the new in-app experience, customers can easily enroll in the program and see the entire event including how much energy they are providing, and understand how that results in earnings from their utility.

"This frictionless approach to enrollment is key to building battery storage resources at scale and bringing the benefits of VPPs to the grid," said Matt Johnson, VP Business Development at EnergyHub. "Many small actions add up to an impactful, positive result. It's essential that customers can easily see how they are helping the grid and getting rewarded for it, and the partnership with Tesla enables this level of visibility."

Once a customer is enrolled in the ConnectedSolutions program, their utility will call upon the VPP when the grid is stressed to reduce peak load during the demand response season, which runs from June to September. The program will dispatch batteries no more than 60 times for a maximum of three hours per event. Customers do not have to do anything in response to events. Tesla Powerwall will respond automatically to support the grid.

All EnergyHub utility clients are eligible for participation in the ConnectedSolutions program. Please visit ConnectedSolutions to learn more.

EnergyHub is an independent subsidiary of Alarm.com (NASDAQ: ALRM), the leading platform for the intelligently connected property.

About EnergyHub

EnergyHub is the leading grid-edge DERMS provider. Utilities rely on EnergyHub's DERMS platform to manage all distributed energy resources to serve grid and market objectives. EnergyHub works with over 60 utilities in North America to manage more than 1.3 GW of flexible capacity. We empower utilities and their customers to create a clean, distributed energy future. For more information, visit www.energyhub.com 

Contact:
Anne Steinberg 
Kitchen Public Relations
917-817-4850
anne@kitchenpr.com

View original content to download multimedia:https://www.prnewswire.com/news-releases/energyhub-and-tesla-to-support-the-northeasts-largest-battery-virtual-power-plant-301895078.html

SOURCE EnergyHub

FAQ

How much can Tesla Powerwall owners earn through the ConnectedSolutions program?

Tesla Powerwall owners can earn up to $1,500 per year depending on the size of the battery and the state where they live by participating in the ConnectedSolutions program.

What is the demand response season for the ConnectedSolutions program?

The demand response season for the program runs from June to September, during which the virtual power plant (VPP) is called upon to reduce peak load when the grid is stressed.

How does the new in-app experience benefit customers?

The new in-app experience allows customers to easily enroll in the program, monitor their energy contribution, and understand how it translates into earnings from their utility, enhancing visibility and transparency.

Who is eligible for participation in the ConnectedSolutions program?

All EnergyHub utility clients are eligible to participate in the ConnectedSolutions program, enabling a wide range of customers to benefit from the program's features.