New initiative to help unlock financial
incentives to EV drivers, while providing utilities with valuable
monitoring data
DENVER, May 12, 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, today unveiled new electric-vehicle charging solutions
for utilities and EV owners. The offering, aimed at addressing the
demands of utilities, uses Geotab® telematics
solutions to empower EV owners of most makes and models to take
control of their vehicle charging, while providing utilities with
valuable monitoring data sent directly from a Geotab GO device that
is installed in a vehicle's onboard diagnostic port.
EV drivers can access financial incentives by opting into
various utility programs that use data streaming from the Geotab GO
device. Data from the Geotab GO device, in turn, informs
utility system planning, rate structures, regulatory requirements
and verification of participation in smart-charging programs and
events.
Generac Grid Services is leveraging its extensive utility
program design experience, including the use of Geotab telematics
solutions, to provide a variety of offerings to support utilities
at all stages of their EV strategy rollout – from monitoring to
behavioral response, to smart charging and ultimately advanced
vehicle-to-home and vehicle-to-grid solutions. For example,
monitoring programs can harness charging data to aid grid planning
and rate design efforts, and behavioral programs can combine
charging data insights with strategic customer communications and
incentives to influence long-term charging habits.
"EVs are already a critical distributed energy resource to shift
load to capture low-carbon, clean energy and manage peak demand,"
said Michael Goldman, director of
business development and regulatory affairs at Generac Grid
Services. "Their importance as a grid balancing lever will only
increase as manufacturers scale EV production and local and federal
efforts progress to decarbonize the transportation sector."
In addition to now providing the vehicle-side data through
Geotab telematics solutions, Generac Grid Services maintains
relationships with EV charging station manufacturers to offer
additional smart charging solutions. For example, Generac Grid
Services sends a signal directly to EV chargers to tell them to
start or stop charging, and works with charger manufacturers to be
able to receive that signal from Generac's real-time
energy-balancing platform, Concerto. Combining both solution types,
Generac delivers programming that supports major charging station
providers and over 220 EV makes and models from all class sizes,
including light- to heavy-duty electric vehicles.
"Geotab remains a leader in the connected vehicle industry by
providing granular, secure, and reliable data captured from
electric vehicles through its telematics solutions. We are
delighted to support Generac Grid Services with our vehicle
connectivity products for EV drivers and fleets to integrate with
Generac's platform and enable utilities to harmonize EV charging
with other manageable loads," said Eric
Mallia, vice president of sustainability solutions at
Geotab.
Generac Grid Services' EV charging solutions including Geotab
telematics solutions are now available to utilities worldwide.
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 Geotab
Geotab is advancing security, connecting
commercial vehicles to the cloud and providing data-driven
analytics to help customers better manage their fleets. Geotab's
open platform and Marketplace, offering hundreds of third-party
solution options, allows both small and large businesses to
automate operations by integrating vehicle data with their other
data assets. As an IoT hub, the in-vehicle device provides
additional functionality through IOX Add-Ons. Processing billions
of data points a day, Geotab leverages data analytics and machine
learning to help customers improve productivity, optimize fleets
through the reduction of fuel consumption, enhance driver safety,
and achieve strong compliance to regulatory changes. Geotab's
products are represented and sold worldwide through Authorized
Geotab Resellers. To learn more, please visit www.geotab.com and
follow us @GEOTAB and on LinkedIn.
Contact:
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Don Klein
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Don.Klein@Generac.com
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Phone:
414-531-0470
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SOURCE Generac Grid Services