Building the Foundation for an Energy Abundant Future: Base Power Launches in Texas
2024年5月8日 - 12:49AM
ビジネスワイヤ(英語)
Base Offers Reliable And Affordable Home Energy
Service
Base Power announced today the launch of their battery-powered
home energy service to offer customers more reliable and affordable
power. Base is available today to select Texas homeowners that can
choose their energy provider, with plans to expand nationally.
Texas leads the nation in power outages — homeowners in the
state experience more hours of outages than anywhere else in the
country1. Additionally, electricity prices across the state have
almost doubled since 20172.
Base is the first and only company to offer customers a home
battery, monthly energy service, and installation all-in-one, with
no requirement of solar installation. Base customers save on their
monthly electric bills and enjoy power without interruption for
one-tenth the upfront cost of comparable batteries and
generators.
“The pain every Texan feels in the summer and the winter is a
preview of what may come nationwide,” said Zach Dell, CEO and
Co-Founder of Base. “Our aging energy systems are not fit to
harness our increasingly renewable and intermittent power supply,
and we are unprepared for growing demand from Texas’s growth and
the electrification of our economy. Base Power is the key to
unlocking an energy abundant future through dispatchable,
distributed battery storage.”
Base Power, a licensed electricity provider in Texas, will
operate as a Virtual Power Plant: when the grid is up and running,
the Base battery will improve grid stability, and, when the grid
goes down, Base will protect customers’ homes from power outages.
By switching to Base and installing a Base battery, customers will
gain access to reliable battery backup and competitive energy
rates, without the high upfront costs of traditional home batteries
or needing to install solar.
“It is very exciting to see companies like Base bring Texans an
affordable alternative to backup generators, while adding
dispatchability to the grid and compensating residential customers
fairly for their ongoing reliability contributions,” said Becky
Klein, former Chairperson of the Public Utility Commission of
Texas. “This is a step in the right direction for the Texas power
grid and consumers.”
Base joins a growing number of technology companies working on
Distributed Energy Resources in Texas through the Aggregated
Distributed Energy Resources (ADER) pilot program. Base’s model is
uniquely designed to bring grid assets online faster and more cost
effectively than existing solutions.
“I believe Texas is sending the right signals thanks to the ADER
Pilot, a project that has enabled cutting-edge grid solutions using
residential dispatchable batteries,” said Jason Ryan, Chair, ADER
Task Force, EVP, Regulatory Services & Government Affairs,
CenterPoint Energy. “More batteries in Texas homes and better value
for customers means a better future for Texans. The ADER Task Force
is here to make sure we can secure this future for Texas as safely
and quickly as possible with innovative solutions.”
Base offers transparent monthly billing with no hidden fees and
no misleading rebate programs. Base batteries are designed to last
15 years and withstand extreme temperatures and weather, and Base
owns the battery and handles any maintenance on the system.
“Finally, an energy company that actually innovates, a welcome
change after switching plans annually for years',” said Kavao
Siharath, Base customer in Round Rock, Texas. “We've seen a solid
10% decrease in our energy expenses, never have to worry about
energy bill hikes in the summer, and enjoy the peace of mind of
backup power. It's been a huge relief.”
Base is available today in select regions of Texas with energy
choice. Sign up to be notified when Base is available in your area
here.
About Base Power
Founded in 2023 and headquartered in Austin, Texas, Base is the
modern power company for the electric era.
Base is led by a team of engineers and operators from companies
including SpaceX, Tesla, Anduril, Blackstone, and Apple. The
company has raised capital from Thrive Capital, Valor Equity
Partners, Altimeter Capital, Trust Ventures, Terrain, and
others.
Base is building distributed battery storage for customers and
the grid — unlocking reliable and affordable energy for Texans.
Their service supports the grid during times of peak need and
protects customers during outages — for a fraction of the cost of
other solutions. With Base, customers don’t have to worry about
their power going out or their bill going up. Learn more about Base
here.
1 Source: Reported electric emergency incidents and disturbances
on energy.gov 2 Source: Texas Electricity Ratings fixed-rate plans
on one year contracts
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version on businesswire.com: https://www.businesswire.com/news/home/20240507687959/en/
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