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Vermont Utility Offers No-Upfront-Cost Home Battery Leases
Green Mountain Power is expanding its virtual power plant program with a battery lease offering that lets Vermont homeowners add backup power and grid services at little to no upfront cost.
Key Takeaways
- Green Mountain Power's lease program removes the $10,000+ upfront cost barrier to home battery storage adoption
- Home batteries are aggregated into a virtual power plant that dispatches grid services in exchange for customer bill credits
- GMP has operated one of the longest-running utility VPP programs in the US since 2015, providing a proven model
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DT Editorial AI··via electrek.co