Preferred Resources Pilot News Today : Breaking News, Live Updates & Top Stories | Vimarsana

VPPs offer a compelling way for homeowners, business owners and utilities to collectively meet today s shifting energy needs by unlocking the potential of solar energy stored in an onsite battery. Owners can draw down stored energy when electricity is most expensive and reserve solar energy in case of a power outage. Participants in Swell s southern California VPP programs further benefit by earning GridRevenue when consuming their stored energy in the evenings, providing much needed relief to the grid during peak times. By using a battery when the utility values it most, homeowners can arbitrage both retail and wholesale energy rates and achieve an accelerated payback on their energy system. Adding a second battery to the system further increases participation levels in the VPP and opportunities for GridRevenue, while simultaneously expanding power security on site. Swell s VPP program began operating earlier this year and is ramping up over the following year, providing immediat ....

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