Hot Summer 2024 and Virtual Power Plant Activity

We love Virtual Power Plants (VPPs) here at CwC. We've written about them several times. 

In short, a VPP is when the electric utility company can pull energy from hundreds or thousands of residential battery systems when the grid needs extra juice such as a hot summer evening when nearly every air conditioner in the region is running full out. 

Our local utility, Portland General Electric, has had 7 VPP events (and counting) this summer. Six VPP events showed up as credits on our most recent bill. We have 3 Powerwall 2s configured to allow the utility to extract up to 80% of the charge from our batteries. That means the utility can extract about 32 kWh for each event. At $1.70 per kWh that the utility pays during a VPP, we earn about $50 for participating in a VPP event.

You can see how much we earned for each event here: 

July and August are usually months that have big electricity bills because of all of the AC use. However, now with VPP events, we have a couple hundred dollars in credit on our account. 

If you want Powerwalls for your house to join a VPP in your region, you can use my referral code and we'll both get perks (https://ts.la/patrick7819).

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