August 3, 2023
Energy storage supplier Electriq Power Holdings Inc. has signed of an settlement to offer solar + storage options in Goleta, California. Through a brand new program with the town, Electriq will ship reasonably priced, sustainable and resilient energy to residents by means of totally financed residential microgrids.
Through this system’s city-vetted power buy settlement (PPA), known as the PoweredUp Network, all Goleta householders, no matter revenue or credit score historical past, can have entry to a turnkey, distributed home energy resolution, together with good battery storage. By signing up with the PoweredUp Network, residents can shield themselves and their properties from rising utility charges whereas making a extra resilient native grid infrastructure, furthering the Goleta’s renewable energy objectives.
Electriq’s PoweredUp Network presents turnkey energy options that embrace all the pieces wanted for home energy independence — solar panels, batteries, software program, venture growth, financing, set up and grid companies — with no up-front prices.
“We are delighted to work with the city of Goleta to provide all its homeowners with the same opportunity to access sustainable and resilient energy, whatever their income,” mentioned Frank Magnotti, CEO of Electriq Power. “In addition to its admirable goals around moving to 100% renewable energy, we know Goleta is also strongly committed to energy justice and equity in that transition.”
In addition, Electriq entered into the same settlement with San Luis Obispo Climate Coalition earlier this 12 months and with the town of Santa Barbara final 12 months. The PoweredUp Network program is on the market to householders all through Santa Barbara and San Luis Obispo Counties and shortly can be accessible to householders in Goleta.
By connecting organizations, corporations, cities and municipalities, and their native householders into sustainable neighborhood networks, Electriq is enabling a shared imaginative and prescient of creating the planet a greater place. Through these collaborations, in addition to by offering a complete resolution portfolio, Electriq’s PoweredUp Network makes it attainable to ship full, clear, reasonably priced and resilient energy to all householders.
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Tags: Electriq power, microgrids, PPA, solar+storage