Initiative aimed at enhancing grid stability
and helping to advance a cleaner energy future
BRIDGEPORT, Conn., May 19, 2022
/PRNewswire/ -- Generac Grid Services, a subsidiary
of Generac Power Systems (NYSE: GNRC), a leading
designer and manufacturer of energy technology solutions and other
power products, and PosiGen, a leading residential solar, energy
efficiency, and energy education provider for low- to
moderate-income residents, today announced they will expand access
to clean energy storage through a new program that offers
state-of-the-art battery backup and load-management systems to
residents. The program, believed to be a first of its kind in the
nation, will also provide power back to the electrical grid,
helping to increase grid stability, while reducing reliance on
fossil fuels.
Through the program, which will be facilitated by Generac Grid
Services, PosiGen's solar customers in Connecticut will be able to obtain a Generac
PWRcell battery and Generac PWRmanager load management system to
pair with existing solar panels, to provide power to customers'
homes when the grid goes down. Additionally, when tied to the grid
and not providing backup power to the home, the PWRcell battery can
be configured to provide up to 18kWh of usable energy back to the
grid to help manage peak demand. Generac Grid Services will manage
and optimize each battery's contribution to the grid, using its
Concerto™ distributed energy resource control platform.
"Over the last few years, PosiGen has served thousands of low-
and moderate-income homeowners in Connecticut, providing rooftop solar and
energy efficiency measures to help them save money and upgrade the
comfort and efficiency of their homes," said Tom Neyhart, CEO of PosiGen. "But resiliency via
battery backup has historically been out of reach. Now, in
partnership with Generac, we can deliver a truly holistic package
that will support this traditionally underserved population when
weather events disrupt the grid, while also delivering tremendous
ongoing value to the grid as a whole."
Generac Grid Services and PosiGen intend to replicate the
program across the country where there are favorable incentive
structures and a strong interest in helping low- to moderate-income
customers gain power resiliency.
"This is an exciting new model that brings all the right players
together to provide an outstanding experience for customers of
modest means," said Bud Vos,
president of Generac Grid Services. "Our goal is that many more
people in our region will experience the comfort and peace of mind
that comes with having a resilient – and clean – source of
power."
Generac Grid Services works with utilities to develop effective
energy storage solution (ESS) programs that provide the incentives
required to support this unique offer, potentially including both
including upfront and performance-based incentives and integration
with existing programs. In this pilot, Generac will work with the
Connecticut Energy Storage Solutions program, a state program that
helps customers install energy storage at their home or
business.
Additionally, Generac Grid Services and PosiGen will work
jointly to raise customer awareness of the program. In particular,
PosiGen anticipates offering this new solution to its entire
installed base of customers across the state of Connecticut, with an immediate focus on those
living in underserved cities and towns, while incorporating the
product going forward as a recommended option for every new solar
system it installs in the state.
About Generac Grid Services
Generac Grid
Services is a subsidiary of Generac Power Systems (NYSE:
GNRC), a leading designer and manufacturer of energy technology
solutions and other power products. Generac Grid Services is
working to change the way the world generates and uses electricity.
From turnkey solar + storage solutions, to backup generators,
additional distributed energy resources and virtual power plant
software, Generac Grid Services is helping to accelerate the
world's transition to a cleaner, more reliable power grid. Via the
company's energy-balancing platform, power generation and storage
products that might otherwise sit idle are now able to be
dispatched and orchestrated as part of a distributed energy
solution, thereby generating value for the home or business owner,
while also delivering value to the energy grid.
About PosiGen
Headquartered in New Orleans,
PosiGen is the nation's leading residential solar, energy
efficiency, and energy education provider for low-to-moderate
income families. PosiGen has more than 19,000 residential
customers, over 460 direct employees and supports more than 150
employees through its contractors
in Louisiana, Mississippi, Connecticut, New
Jersey, Pennsylvania, New York, and Florida.
PosiGen's unique services and products make solar energy affordable
to homeowners of all income levels, and offer individuals,
families, and businesses the opportunity to achieve greater
financial autonomy and energy independence by lowering their
utility bills. To learn more about PosiGen, please
visit www.posigen.com.
Media
Contacts:
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Don Klein
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Ben Healey
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Don.Klein@Generac.com
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BHealey@PosiGen.com
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Phone:
414-531-0470
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Phone:
203-214-6418
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SOURCE Generac Grid Services; PosiGen