I was sure you were wrong ant that $150 was just an incentive to be in the program. That battery owners would be paid for their power.
You were right, though. It really is a flat $150 per year. The company who manages the energy from the batteries gets paid for the energy, not the battery owner.
My Tesla Powerwall is part of a VPP program in the northeast. We have 3 powerwalls in total that typically put back 20 KWh during VPP events. Last year, the first year we did this, we were reimbursed $1459.97 at the end of the season. That energy returned to the grid also counts as a credit on our electric bill.
Makes me glad I don’t live in CA.
Edit: I guess it’s the sheer size of the VPP they tested in CA that’s the real news here. The one I’m part of currently shows 1463 homes involved in it.
I wonder if this compensation is enough to cover the cost of more frequent battery replacement due to the extra wear.
I was sure you were wrong ant that $150 was just an incentive to be in the program. That battery owners would be paid for their power.
You were right, though. It really is a flat $150 per year. The company who manages the energy from the batteries gets paid for the energy, not the battery owner.
My Tesla Powerwall is part of a VPP program in the northeast. We have 3 powerwalls in total that typically put back 20 KWh during VPP events. Last year, the first year we did this, we were reimbursed $1459.97 at the end of the season. That energy returned to the grid also counts as a credit on our electric bill.
Makes me glad I don’t live in CA.
Edit: I guess it’s the sheer size of the VPP they tested in CA that’s the real news here. The one I’m part of currently shows 1463 homes involved in it.
I get by paid per kw consumed. And it’s a lot, like $2 per.
VPP is great and should be the future for nearly all buildings. Distributed power can avoid system-wide blackouts.
It’s also an opt-in program, and I can override it if I feel the need too.
I just wish it was easier to get smaller companies like Ecoflow onto the program.