Electriq Power, a developer of intelligent and integrated home energy storage, management, and monitoring solutions, has announced that Parlier Home Solar selected the company to provide full programmatic development and financing for the City of Parlier, California’s new Home Solar and Energy Efficiency Program. Electriq’s industry-leading energy storage solution, the PowerPod 2, will be the exclusive intelligent home battery used by the program.
Courtesy of Electriq Power
Through the program’s City Council-approved Power Purchase Agreement, virtually all of Parlier’s more than 4,000 homeowners, regardless of means, will have access to a solar power system equipped with an Electriq PowerPod storage system, thus helping achieve the program’s key goal of accelerating the community's transition to sustainable, resilient, and carbon-free electricity.
The solar, batteries, and energy efficiency equipment installed at each home is anticipated to offset 100% of current electricity consumption, providing immediate savings over annual utility costs via a uniquely structured agreement that ensures a predictable energy price for the next 20 years. As the community benefits from locally generated, zero-carbon energy, the grid will benefit from the PowerPod 2’s seamless integration and interventional controls, which alert the battery to instantaneously take or schedule an action.
Frank Magnotti, CEO of Electriq Power, said, “We are pleased to have this opportunity to provide all Parlier homeowners at any income level with our energy storage solution. At Electriq Power, we believe that access to energy efficiency should not be limited due to financial constraints—rather, it should be accessible to anyone who needs it and sees its value in both savings and contributing to a greener environment. We look forward to supporting similar programs to come.”