{"id":19479,"date":"2023-01-24T18:36:27","date_gmt":"2023-01-24T23:36:27","guid":{"rendered":"https:\/\/www.iotm2mcouncil.org\/?post_type=news&#038;p=19479"},"modified":"2023-01-24T18:36:29","modified_gmt":"2023-01-24T23:36:29","slug":"octopus-to-power-homes-with-solar-batteries","status":"publish","type":"news","link":"https:\/\/www.iotm2mcouncil.org\/iot-library\/news\/smart-energy-news\/octopus-to-power-homes-with-solar-batteries\/","title":{"rendered":"Octopus to Power Homes with Solar Batteries"},"content":{"rendered":"<div class=\"wp-block-image\">\n<figure class=\"alignright size-large is-resized\"><img fetchpriority=\"high\" decoding=\"async\" src=\"https:\/\/www.iotm2mcouncil.org\/wp-content\/uploads\/2023\/01\/octopus-enphase-493x620.jpg\" alt=\"\" class=\"wp-image-19480\" width=\"284\" height=\"357\" srcset=\"https:\/\/www.iotm2mcouncil.org\/wp-content\/uploads\/2023\/01\/octopus-enphase-493x620.jpg 493w, https:\/\/www.iotm2mcouncil.org\/wp-content\/uploads\/2023\/01\/octopus-enphase-382x480.jpg 382w, https:\/\/www.iotm2mcouncil.org\/wp-content\/uploads\/2023\/01\/octopus-enphase.jpg 1248w\" sizes=\"(max-width: 284px) 100vw, 284px\" \/><\/figure><\/div>\n\n\n<p>Renewable energy retailer Octopus Energy US is partnering Enphase Energy, a major supplier of microinverter-based solar and battery systems. US Octopus Energy customers can now integrate Enphase home solar and battery solutions in their energy plan to unlock low-cost residential energy rates. <\/p>\n\n\n\n<p>As part of the agreement, Octopus Energy will be able to control the customer&#8217;s battery to reduce usage when the grid is the most constrained and help save customers hundreds of dollars each year.<\/p>\n\n\n\n<p>Octopus Energy plans to create a Virtual Power Plant with the Enphase home battery systems, and will be bidding these DERs in the Electric Reliability Council of Texas (ERCOT) ancillary markets.<\/p>\n\n\n\n<p>As Octopus Energy expands its retail energy presence to states outside of Texas, Octopus Energy hopes to take advantage of this partnership, which both reduces costs for customers and promotes a cleaner grid.<\/p>\n\n\n\n<p>\u201cOur partnership with Enphase Energy is a critically important step as we accelerate the renewable energy transition across the US Load flexibility creates enormous value in high-renewable energy grids and energy retailers have a unique ability to customise electric rates for customers, so this a perfect opportunity to integrate the value of demand response into a retail product to create the cheapest rates for customers. Retailers have the opportunity to lead the energy transition by combining customer-centric product offerings, modern technology, and rate-making authority to create products that lower costs and truly lower carbon,\u201d said Michael Lee, CEO of Octopus Energy U.S. \u201cWe look forward to working with Enphase Energy as we grow a wide variety of low cost and innovative rates to decarbonise our electric grid.\u201d<\/p>\n\n\n\n<p>&#8220;We are pleased to partner with Octopus Energy to bring home solar and batteries to homeowners in Texas, helping them better manage their electricity costs and creating a more resilient energy system for everyone,\u201d said Dave Ranhoff, Chief Commercial Officer at Enphase Energy. \u201cOur partnership is just beginning. We look forward to expanding to new markets with world-class products and services to advance a more sustainable future together.\u201d<\/p>\n","protected":false},"author":26711,"featured_media":19480,"template":"","news-category":[56],"library-tag":[],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Octopus to Power Homes with Solar Batteries - IoT M2M Council<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.iotm2mcouncil.org\/iot-library\/news\/smart-energy-news\/octopus-to-power-homes-with-solar-batteries\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Octopus to Power Homes with Solar Batteries - IoT M2M Council\" \/>\n<meta property=\"og:description\" content=\"Renewable energy retailer Octopus Energy US is partnering Enphase Energy, a major supplier of microinverter-based solar and battery systems. 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