Eversource is reportedly going all in on incentives for home batteries in a couple of states. I haven't chased the details but reportedly in Mass the combination of the Federal Tax rebate, a Mass SMART incentive and enrolling in the Tesla demand response program will cover the initial cost of the battery. Customers in CT and RI doesn't get the SMART incentives so they only get roughly 2/3rd of the deal. My guess is most of the money indirectly comes from REGGI funds and the hefty system benefits fee on electric bills.
I got this from a post on another forum so caveat emptor. My guess is there are terms and conditions that need to be chased down, Here is link to the post https://www.hearth.com/talk/threads/.../#post-2500523
All three states are part of the Regional Greenhouse Gas Initiative (RGGI) They have to meet fairly aggressive renewable goals or pay a penalty into the program and lot of the low hanging fruit are gone so my guess is this is just a way of ramping up some more renewables. Mass also is implementing "Clean Peak" where seasonal peak power events will be supplied by renewables to replace fossil fired peakers. They pay a hefty incentive to get battery owners to dispatch power into the grid during these events. I am involved with a project with a 3 MWhr Tesla battery sitting in a warehouse waiting for the rest of the plant and the switchgear to get installed that will participate int he same program. Unfortunately their interconnect group has not heard the word and make interconnection of large batteries a painfully slow and tedious process.
BTW, The EPA Clean Power Plan which is coming back to life under the new administration program will be impacted all states, Since the RGGI states are doing it voluntarily CPP is already factored in by any state without a renewable program is most likely going to have to put one in. I think a couple of states are joining RGGI.
I got this from a post on another forum so caveat emptor. My guess is there are terms and conditions that need to be chased down, Here is link to the post https://www.hearth.com/talk/threads/.../#post-2500523
All three states are part of the Regional Greenhouse Gas Initiative (RGGI) They have to meet fairly aggressive renewable goals or pay a penalty into the program and lot of the low hanging fruit are gone so my guess is this is just a way of ramping up some more renewables. Mass also is implementing "Clean Peak" where seasonal peak power events will be supplied by renewables to replace fossil fired peakers. They pay a hefty incentive to get battery owners to dispatch power into the grid during these events. I am involved with a project with a 3 MWhr Tesla battery sitting in a warehouse waiting for the rest of the plant and the switchgear to get installed that will participate int he same program. Unfortunately their interconnect group has not heard the word and make interconnection of large batteries a painfully slow and tedious process.
BTW, The EPA Clean Power Plan which is coming back to life under the new administration program will be impacted all states, Since the RGGI states are doing it voluntarily CPP is already factored in by any state without a renewable program is most likely going to have to put one in. I think a couple of states are joining RGGI.
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