New Jersey Considers Program to Compensate Homeowners for Grid Support via Residential Batteries

State officials are evaluating a proposal that would allow residents to earn money by supplying stored energy back to the power grid during peak demand periods.

27 Aug, 18:40 — 27 Aug, 18:40

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zerohedgeLow4d ago

New Jersey May Pay Home Battery Owners To Help Grid When Demand Surges

New Jersey May Pay Home Battery Owners To Help Grid When Demand Surges New Jersey officials are weighing a plan that would allow homeowners to use batteries as emergency energy backups and a way to earn extra money. Under the proposal, storage systems installed at customers' homes could join a virtual power plant program, helping the grid when electricity demand surges and paying participants for taking part. On July 15, the New Jersey Board of Public Utilities issued a straw pr...

By Tyler Durden

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New Jersey Considers Program to Compensate Homeowners for Grid Support via Residential Batteries

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New Jersey May Pay Home Battery Owners To Help Grid When Demand Surges

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