This New Texas Power Company's Electricity Comes With a Home Battery
Base Power is the only electricity provider in Texas to offer customers an all-in-one monthly energy service, home
Electrek 7:26 pm on May 9, 2024
Base Power is Texas's first licensed electricity provider to offer a bundled service of energy, home battery storage, and solar, without requiring solar installations. They claim customers save on monthly bills with their $1000 upfront fee for batteries, providing one-tenth the cost of comparable alternatives and offering fixed pricing.
- Comprehensive Texas Energy Service: Base Power introduces a new home battery system alongside their electricity service in Austin, without mandating solar panel installations.
- Economic Benefits for Customers: The company boasts customer savings due to an upfront fee of $1000 and promises fixed monthly pricing, contrasting with the high energy prices in Texas.
- High-Quality Battery Solutions: Base Power offers a 20 kWh white-label battery system that has an expected lifespan of 15 years, and they own, operate, and maintain the batteries for their customers.
- Integration Challenges: For current rooftop solar systems, Base Power notes additional time is required to integrate these with existing setups due to technical complexities.
- Leadership and Investment Backing: Founded in 202, the startup has attracted funding from prominent investors including Thrive Capital, Valor Equity Partners, among others.
https://electrek.co/2024/05/09/texas-power-company-home-battery-base/