Electriq Energy is working with the Metropolis of Derby, Connecticut, to launch “PoweredUp Derby.” This system will present Derby owners – no matter socioeconomic standing – entry to dwelling photo voltaic + battery storage options.
PoweredUp Derby, a city-supported program, is the primary of Electriq’s Sustainable Group Networks (SCNs) within the New England area, enabling entry to vitality independence for the neighborhood. Practically 3,000 single household owners in Derby qualify for this system, which gives for set up of a whole turnkey photo voltaic + battery storage system for zero up-front price – with no revenue verification, credit score rating, or property lien necessities to take part.
Electriq has a variety of established SCN partnerships in California. The corporate continues to deal with progress in areas the place excessive electrical energy prices are a priority for residents, and the place municipalities and community-based organizations are in search of modern options to realize sustainability objectives.
“We’re proud to proceed the expansion and success of our Sustainable Group Networks by increasing into New England,” stated Frank Magnotti, CEO of Electriq Energy. “Because of the Metropolis of Derby, we now have the chance to increase the advantages of unpolluted vitality to low- and moderate-income (LMI) owners there who’re burdened by a number of the nation’s highest electrical energy charges.”
The retail worth of electrical energy in Connecticut is almost 10-cents per kilowatt-hour larger than the nationwide common, rising greater than 17% between 2015 and 2022, in line with the EIA. By establishing an SCN in one of many highest-priced electrical energy markets within the nation, Electriq is continuous to interrupt down the limitations that stop low- and moderate-income owners from acquiring the financial, resiliency and environmental advantages of unpolluted vitality.
“The brand new partnership with Electriq Energy will assist our residents decrease electrical energy prices and strengthen their monetary place,” stated Roger Salway, Financial Director, Metropolis of Derby. “This can be a program that may assist residents enhance their life, and for us, that’s a win-win.”
Information merchandise from Electiriq
