New trend: storage-as-a-service
- Aug 31, 2018 8:56 am GMT
Author: Fereidoon Sioshansi
The age of everything-as-a-service is upon us (see below). So why not storage-as-a-service?
That is precisely what one innovative US utility, Green Mountain Power (GMP), in Vermont has come up with. The company offers customers a Tesla Powerwall 2.0 battery for $15 a month so long as the customer allows GMP to manage when and how the battery is charged and discharged.
Alternatively, customers can buy one for $1,500 – which is roughly a fifth of the actual cost of the battery. In either case, substantial subsidies, approved by the Vermont’s Public Utilities Commission, are offered. The regulator has been convinced that the scheme will more than pay for itself in the sense that all customers, not just those participating, will benefit from the program.
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