Vermont utility teams with Tesla to offer home battery installment plan

Green Mountain Power (GMP) has teamed up with Tesla Motors to offer a home battery option it said is the first of its kind in the country. The utility and battery company aim to install 500 systems inits service territory next year, Smart Grid News reports.

The Tesla Powerwall will provide four to six hours of backup power for a home, according to GMP; and the program will begin with 10 customers in Rutland, before being offered to customers all around Vermont.

The 7 kWh batteries will cost $6,500, but the utility is offering three payment options including a shared system that will be installed with no up-front cost.

By Robert Walton

Full Story: http://www.utilitydive.com/news/vermont-utility-teams-with-tesla-to-offer-home-battery-installment-plan/410357/

Many thanks to Ben Brouwer –
Policy Director, Montana Renewable Energy Association –
(406) 465-8920 –
[email protected] –
http://www.montanarenewables.org for sharing these articles.

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What’s the Value of a Tesla Powerwall? $50 per Month, Bets Green Mountain Power

Vermont’s innovative utility will trade customer bill credits for access to the grid benefits of behind-the-meter batteries.

Jeff St. John

Full Story: http://www.greentechmedia.com/articles/read/green-mountain-powers-bet-on-tesla-powerwall-value-50-per-month