The Smart Residential Battery That Lets You Earn Money from the Power Grid

Read time: 7 minutes

Hi all!

Welcome to issue #6 of Future Powered, where we showcase innovative products and services to make your home smarter and more energy efficient. We cover everything from smart appliances and devices to solar panels, heating, EV chargers and more.

Let’s dive in.

The Problem

Looking to invest in a home battery? Here are some common challenges you'll encounter in the market:

1. Lack of Connectivity: Most batteries on the market operate in isolation, unaware of electricity prices or the activities of other devices in your home.

2. Pricey Proposition: Let's address the elephant in the room—batteries can be expensive! Many residential storage systems come with hefty price tags, making the payback period quite lengthy.

3. Aesthetics and Installation Hassles: Batteries are not exactly known for their attractive designs, and finding qualified installers can be a daunting task.

Why It Matters

Over the past year, we've learned that relying solely on the grid is not always a safe bet. Soaring residential electricity rates and concerns about grid stability have prompted homeowners to explore ways to become less dependent on the grid.

To add to that, there’s the problem of grid stability. Several external factors affect the quality of the grid, from wildfires, hurricanes, extreme temperatures and more, so you can’t expect 100% uptime of your power supply from the grid.

To fight this, more and more consumers are making upgrades to their home energy setups, from getting solar panels to batteries and heat pumps.

The Solution