Enphase Energy (ENPH) announced a collaboration with Essent. The collaboration enables eligible Enphase customers with solar to expand their systems with IQ Batteries and participate in Essent’s Smart Steering program, designed to help households increase self-consumption and lower energy bills. Through the Smart Steering program, participating homeowners may qualify for fixed monthly compensation of up to EUR 122. The amount scales with the size of the Enphase IQ Battery, up to 20 kWh, when they enroll in Essent’s fixed-rate energy contract.
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