Residential Solar Companies: Now’s the Time to get in the (Energy Storage) Game
After a lot of hype and false starts in the residential energy storage market, things are starting to get real. Recent data definitively shows that storage installation volumes are ramping up in the residential segment. According to GTM Research’s latest U.S. Energy Storage Monitor report, residential storage grew 248 percent in 2017 compared to 2016, measured in total megawatts installed. In terms of the number of residential grid-tied storage systems deployed, GTM Research counted 914 in all of 2016, which compares to 2017’s deployments of: 255 systems in Q1, 486 in Q2, 810 in Q3, and 1,516 in Q4.
Our SGIP Incentives are Live on the Platform
The Self-Generation Incentive Program (SGIP) provides financial incentives for the installation of new, qualifying technologies including energy storage, wind power, fuel cells, combined heat & power and others. It was big news when the program relaunched in the spring of 2017, with a re-upped program budget that was earmarked primarily for customer-sited Energy Storage Systems (ESS).