1. New Hampshire Storage Program Will Pair Batteries with Time-of-use Rates

    New Hampshire Storage Program Will Pair Batteries with Time-of-use Rates

    A New Hampshire energy storage pilot program will pair in-home batteries with time-of-use rates to try to shave peak loads and save customers money. The company will install 200 Tesla batteries and then have 12 months to show it can accurately manage the system to reduce its peak loads at no added cost to customers. The program would be the first of its kind in the U.S. to use a three-tiered time-of-use rate structure. A second phase would add another 300 participants with a “bring your own device” option that has drawn the interest of energy storage companies, some of which had hoped to be involved in the program sooner.

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    1. We're pleased that Liberty came forward with what we see as an innovative proposal that will incorporate both energy storage and time-of-use rates.
    2. Some of the key metrics for success include the transmission cost savings for customers and increased customer engagement in energy usage.
    3. Working with a small utility in a small state, we thought we could work with these stakeholders to get this program right.
    4. The ownership model is something Liberty got backwards. We think the program should've started with third-party ownership first because you're not outlaying any ratepayer capital.
    5. We had concerns about utility ownership of the batteries, but we're pleased about BYOD, though we thought it could've been a little more robust or come a little earlier.
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