Swell establishes two virtual power plants with SCE customers with home batteries

Bloating energy has established two virtual power plant programs with Southern California Edison (SCE) customers, which are now open for enrollment. The VPP programs are available to SCE customers in various neighborhoods of Orange County, Ventura County, and Santa Barbara County interested in installing solar powered home batteries. VPP registered customers can finance their energy storage systems through Swell financing and install a second battery at a discounted price.

VPPs provide an attractive way for homeowners, business owners and utility companies to jointly meet today’s changing energy needs by unlocking the potential of solar energy stored in an on-site battery. Participants in Swell’s Southern California VPP programs further benefit by earning GridRevenue when they use up their stored energy in the evening, providing much-needed relief from the power grid during peak times. Adding a second battery to the system further increases participation levels in the VPP and the opportunities for GridRevenue, while at the same time expanding on-site power protection. Swell’s VPP program was launched earlier this year.

“In the SCE service area, our VPPs are massively shifting solar energy consumption to peak demand periods. By doing this, these programs provide the savings and energy security that homeowners and businesses want, while increasing the flexibility and resilience of the local network, ”said Suleman Khan, CEO of Swell Energy. “Swell VPPs ensure that homeowners get the maximum value from their home battery, and that VPP sponsors and utility users benefit from a large fleet of strategically placed batteries. Our ongoing energy programs with SCE are great models for the future of our power grid in general. “

The Orange County VPP Program is part of SCE’s second Pilot with preferred sources and will provide power to SCE customers during peak periods of demand for the next 15 years. Swell is actively enrolling 2,000 residents and small businesses in Orange County in this VPP to create a clean energy source of 20 MWh from SCE’s local customer base. Ideal for homeowners and businesses of all shapes and sizes and utility bills, this neighborhood VPP program is applicable to all customers looking to purchase a battery, including those who already have a solar power system.

The Santa Barbara County and Ventura County Program was developed in response to Senate Law 801, which mandated SCE to deploy energy storage to help regions affected by the partial closure of the Aliso Canyon Natural Gas Storage Facility. The VPP will help the utility manage load, increase reliability and replace grid stabilizing functions previously provided by the gas plant. SCE has awarded the VPP program as part of SCEs Aliso Canyon energy storage buyback program. Swell is actively recruiting approximately 6,000 homes and small businesses in the project area to create more than 14 MW of capacity and demand response capabilities over a 10-year period. Swell is expanding its industry partner network from 40 to 60 partners in the coming months to meet the demand for the program.

These VPP programs for SCE customers represent two of six such distributed power plant contracts that Swell is launching with utility companies in various markets through its capital partnership fund. In total, Swell’s existing utility contracts will provide VPP energy services to 15,000 households and small businesses in the United States.

News item from Swell

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