Verizon Partners Hawaiian Electric to Boost Solar Energy Use
- Jul 5, 2018 12:15 pm GMT
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For the first time, a utility firm will utilize Verizons existing 4G LTE network infrastructure for communication purposes specific to solar systems. The use of Verizon`s technology will initially be limited to the Customer Grid-Supply Plus (CGS+) program. Its existing infrastructure and services will enable
Verizon reportedly has the best cellular coverage in the state of
This new partnership is solely for the CGS+ program. However, the use of Verizon`s GridWide technology could be expanded beyond CGS+ customers. By using Verizon`s GridWide technology,
The CGS+ program allows customers to export excess solar energy generated by their private rooftop systems to the grid throughout the day. Customers who join the program are required to use equipment for managing output and this is where Verizon`s GridWide technology comes into the picture.
Over the past three months, shares of Verizon have rallied 5.6% against the industrys decline of 1.9%.