Homeowners in Northern California Can Reap Benefits by Connecting FranklinWH Batteries to the Grid

Exciting Financial Incentives for Northern California Homeowners

Northern Californian homeowners now have a remarkable opportunity to boost their income by connecting their FranklinWH batteries to the grid through Ava Community Energy's SmartHome Battery program. This groundbreaking initiative is designed to assist two million households in Alameda and San Joaquin counties by providing significant financial incentives for participation.

Program Overview

As announced by FranklinWH Energy Storage Inc., the SmartHome Battery program allows eligible participants to earn substantial upfront incentives. For residents who qualify for California's assistance programs, like the California Alternate Rates for Energy (CARE) or Family Electric Rate Assistance (FERA), the financial rewards can be as high as $6,000! Meanwhile, market-rate customers are not left out, being eligible for rebates of up to $1,080.

Moreover, homeowners participating in this initiative can expect ongoing monthly payments of $3 per kilowatt-hour of battery capacity they enroll, which will be provided to them quarterly over a five-year duration. This additional income can significantly help in managing household expenses.

How It Works

Under the SmartHome Battery program, enrolled FranklinWH Systems will supply stored energy back to Ava's virtual power plant (VPP) during areas of peak electricity demand. Homeowners have the freedom to choose how much of their battery's capacity—be it 40, 60, or 80 percent—they wish to allocate to the grid, while still retaining enough backup power for their own homes. For instance, if a homeowner has a 15 kWh FranklinWH aPower battery and selects to share 80 percent, they stand to benefit from approximately $1,080 upfront at market rates or up to $6,000 under CARE or FERA, in addition to about $36 in monthly payments.

FranklinWH's Chief Commercial Officer, Vincent Ambrose, states, “As the residential energy market evolves, homeowners are actively seeking new avenues to maximize the value of their investments in energy.” Such programs, like the SmartHome Battery, offer them the chance to enhance their financial gains while simultaneously contributing to a more sustainable and reliable energy grid.

Enrollment and Accessibility

The enrollment for this program operates on a first-come, first-served basis, catering to eligible customers in Alameda and San Joaquin counties. Howard Chang, CEO of Ava Community Energy, emphasizes that “SmartHome Battery was created to give residential customers more access to solar and battery storage while supporting grid reliability.” With the addition of FranklinWH Systems to the approved provider list, the program aims to expand access to efficient energy solutions.

This initiative aligns with FranklinWH's extensive portfolio that includes over 25 utility-led virtual power plant and demand response programs throughout the United States, exemplifying a commitment to promoting energy independence and smart energy utilization.

FranklinWH's Commitment

FranklinWH Energy Storage stands out as a leading manufacturer of home energy management and storage solutions. Headquartered near San Francisco Bay, the company boasts decades of expertise in energy system design, manufacturing, sales, and installation. As they empower homeowners to attain energy freedom, FranklinWH is actively paving the way for future innovation in residential energy efficiency and storage solutions. For further details on this initiative or the FranklinWH System, visit FranklinWH.com.

Together with Ava Community Energy, which is committed to delivering clean and competitive energy options for over two million residents, initiatives like the SmartHome Battery program signify a vital step toward achieving sustainable energy goals. With their proven track record of saving customers substantial amounts and their focus on local climate action objectives, both organizations are making strides to ensure a environmentally sustainable future.

Conclusion

This innovative program represents a win-win scenario for homeowners in Northern California, allowing them to earn while enhancing grid reliability and embracing renewable energy investments. Interested homeowners should act quickly to capitalize on this opportunity that merges financial benefit with environmental responsibility.