Renewable Energy Vermont & Green Mountain Power Partner on Groundbreaking Opportunity to Accelerate Carbon Reduction & Energy Innovation
Green Mountain Power (GMP) and Renewable Energy Vermont (REV) teamed up on a first of its kind
“I’m proud of our leadership in energy innovation and this is another great example of Vermont companies collaborating to produce a stronger economy by lowering energy costs and addressing climate change,” said Governor Phil Scott. “This type of program – where every homeowner can participate –not only benefits those living here
Now, GMP customers who have their own home batteries can choose immediate payment up front when they enroll in the BYOD program, or ongoing bill credits in exchange for sharing access to their stored energy with GMP. The company will call on that customer’s stored energy to reduce demand on the grid during peak usage times, lowering costs for all customers. The incentive pays for itself in the savings GMP will generate through reducing that peak power demand. GMP passes those cost savings on to all customers.
“Vermonters value independence, resilience, reliability and choices, all qualities that GMP’s Bring Your Own Device initiative offers with energy storage and electric vehicle charging,” said Olivia Campbell Andersen, Executive Director of Renewable Energy Vermont. “Working together while also saving money through renewable energy technologies is the way to meet our climate commitments and create more resilient communities. Vermonters can work with any of our local business REV members and GMP, and also choose among several different connected products to participate.”
Customers will receive significant, immediate savings when they choose the new upfront payment over the program’s existing bill credit option. The enhanced incentive offers $850 per
“Go Team Vermont! We’re so thrilled to be working together with our fellow REV members to increase value for
The new BYOD program is part of a partnership between REV and GMP to increase the availability of products and services to help individuals, organizations and groups make energy transformation in a quicker, more coordinated way to fight climate change.
“We’re excited to be partnering with Green Mountain Power to help launch the BYOD program,” said Paul Lesure, Green Mountain Solar, General Manager/Partner. “Energy storage installations have been a growing part of our business over the last few years. This new program will provide customers greater options for energy storage and to really tailor the energy storage of the homes’ needs.”
SunCommon expects to see interest in batteries jump because of the enhanced BYOD program. Adding energy storage to a solar installation significantly increases efficiency and resiliency – and making it more affordable will only accelerate adoption. “Customers have been asking for a program just like this, and we love being able to help more Vermonters increase their energy independence by generating and storing clean power from the sun, right at home,” said Tom Berry, SunCommon’s Vice President of Marketing and Sales.
Space in the pilot program is limited. When total enrollment reaches 2 megawatts of storage or about 600 customers, it will be full and no longer able to accept new customers.
Click here for GMP’s full BYOD pilot filing. You can also learn more at https://greenmountainpower.com/bring-your-own-device/
GMP’s solar map has the areas of the state where battery storage is needed most (shown in orange and red): http://gmp.maps.arcgis.com/apps/webappviewer/index.html?id=4eaec2b58c4c4820b24c408a95ee8956 ).
About Renewable Energy Vermont
Renewable Energy Vermont (REV) represents businesses, non-profits, utilities, and individuals committed to eliminating our reliance on fossil fuels by increasing clean renewable energy and energy efficiency. Vermont’s clean energy economy supports at least 18,800 sustainable jobs, representing approximately 6% of Vermont’s workforce. Together, we will achieve 100% total renewable energy (electric, thermal, transportation). Join us at www.revermont.org.
About Green Mountain Power
Green Mountain Power (GMP) serves approximately 265,000 residential and business customers in Vermont and is partnering with them to improve lives and transform communities. GMP is focused on a new way of doing business to meet the needs of customers with integrated energy services that help people use less energy and save