New business models are emerging to aggregate and manage behind-the-meter investments, writes energy expert Fereidoon Sioshansi. One example: storage-as-a-service. In Vermont in the U.S. Green Mountain Power offers its customers a Tesla Powerwall battery for $15 a month. The innovative US utility, Green Mountain Power (GMP), in Vermont 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.
Energy Post 31st Aug 2018 read more »