Exploring the Factors Behind the Residential Battery Surge
Oct 10, 2019 09:18 PM ET
The market for home batteries is picking up.
In the second quarter of this year, residential storage capacity installations outpaced utility-scale installations. There were more residential batteries installed in Q2 than in all of 2017.
California and Hawaii are dominating deployments. But states like Colorado, Florida, New York and New Jersey are emerging as interesting markets to watch.
So what’s driving the increase in activity?
Residential storage doesn’t mirror other technologies like solar. It’s more of an emotional sell — and there are a lot different value propositions that contribute to battery sales.
In this episode, Shayle Kann talks with GTM staff writer Julian Spector about the latest trends in residential storage.
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