Sunnova Grows its Virtual Power Plant Network to Support the Grid and Compensate Customers
With its VPP investments, Sunnova is boosting accessibility in
The clean power produced by Sunnova’s rooftop solar and battery storage customers helps offset the need for utilities to use heavily polluting traditional power plants during peak demand periods. In return for their demand battery response and contribution, customers are compensated for the power supplied by their batteries in most programs.
“We are revolutionizing the role of solar and storage while putting money back into our customers’ pockets – and the response has been overwhelming,” said
One recent example of Sunnova’s VPP leadership is demonstrated through the LUMA Battery Emergency Demand Response Program (BEDRP) in
“Electricity demand is being driven to record levels and the power grid is not ready – but VPPs can offer critical help,” said Berger. “We see VPPs as insurance for the grid, as they are ready now to provide power in times of need and tackle the impending challenges ahead of a constrained electric system. We are proud to be expanding our VPP service to help customers combat the skyrocketing price of electricity and shore up the grid in times of need.”
When the grid is under stress, Sunnova receives LUMA’s signal and discharges enrolled battery storage via the Sunnova Sentient™ platform, reducing grid demand, minimizing blackouts, and keeping the power on. As of
“Our customer base is rapidly expanding, and we're at a pivotal moment in enrolling customers into VPPs,” said
Under today’s announcement, Sunnova has expanded its operational VPP offerings to several programs nationwide, including:
-
California – Power Grid Protect and Emergency Load Reduction Program -
New York – Battery Reward incentive program -
Northeast – Connected Solutions Demand Response Programs (
Massachusetts ,Rhode Island , andConnecticut ) -
Puerto Rico – Sunnova Flex Power Program through the LUMA Battery Emergency Demand Response Program -
Texas – Adaptive Retail Energy Plan (ERCOT)
“As policymakers begin to see the success of existing VPP programs nationwide, they are rapidly moving to establish and implement similar VPP initiatives with the goal of enhancing grid resilience and saving ratepayers money amidst surging energy demands,” said
The announcement represents Sunnova's continued dedication to fostering energy choice, enriching customer experiences, empowering communities, and advancing the overall energy landscape across
Sunnova’s VPP programs utilize its innovative energy management solutions and proprietary Sunnova Sentient™ technology platform, which optimizes energy management, enhances reliability and resiliency, provides demand response and grid support while providing additional revenue streams and offers greater energy independence for its network of customers.
View source version on businesswire.com: https://www.businesswire.com/news/home/20240403034068/en/
Sunnova Media Contact:
Ryan.Bechtold@sunnova.com
Sunnova Investor Contact:
877-770-5211
IR@sunnova.com
Source: