Enphase Energy is expanding its support for virtual power plants through grid services programs across the United States powered by the new IQ Battery 5P. Grid services help utility companies avoid using electricity from expensive, polluting power plants when electricity demand is high. In return, homeowners can receive hundreds to thousands of dollars from the utilities towards their purchase of an Enphase Energy System with IQ Battery 5P or as annual incentive payments. Most recently, homeowners who install Enphase IQ Batteries are now eligible to enroll in Pacific Gas and Electric’s Emergency Load Reduction Program. Homeowners with IQ Batteries can also now enroll in Public Service Enterprise Group Long Island’s Battery Storage Rewards Program and Connecticut’s Energy Storage Solutions Program.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See today’s best-performing stocks on TipRanks >>
Read More on ENPH:
- Nasdaq announces annual changes to Nasdaq-100 Index
- Enphase Energy price target raised by $3 at Morgan Stanley, here’s why
- Enphase Energy, AC Solar Warehouse expand distribution partnership in Australia
- Enphase Energy management to meet with Roth MKM
- Enphase Energy Launches New Home Energy Systems in Italy with IQ Battery 5P and IQ8 Microinverters