An Energy Storage System (ESS) is a stationary battery that stores electrical energy and discharges it as needed for a building/facility. An ESS may be charged and discharged strategically to lower electricity demand during different times of day to reduce customer energy bills. It can also be used to provide backup power in case of a power outage.Learn More
Swell Energy provides homeowners and businesses with financing and virtual power plant programs, while partnering with local solar and solar+storage companies for product installations. Swell offers customers to join their virtual power plant (VPP) program, which virtually connects a customer’s distributed energy resources to a network of other swell customers. The network is then used to provide energy services to utilities in exchange for profits which are distributed throughout the VPP network. For more information on Swell’s energy storage offerings, visit their website at https://www.swellenergy.com/.
- 99 SGIP projects approved since 2017
- Financing/ownership structures offered: Cash, lease, power purchase agreement, loan, CPACE loan
- Installation locations/configurations: Indoor - wall mount or freestanding; Outdoor - parking garage, freestanding, or remote location