Enphase Energy has announced its participation in Hawaiian Electric’s Battery Bonus grid services program.
The program offers a new incentive for homeowners on the island of Oahu who install a new home battery. The first customers accepted by Hawaiian Electric into the Battery Bonus program will be eligible to receive $850 per kW that they commit to make available to Hawaiian Electric during a fixed two-hour period each day — for example, qualified new Encharge 10 battery owners may be eligible to earn up to $3,264.
Existing Hawaiian Electric net energy metering customers enrolling in the Battery Bonus program are also eligible to add up to 5 kW of new solar capacity to their roofs without losing their existing NEM rate agreement, resulting in even more savings.
“The Battery Bonus program is fantastic,” said Dave Ranhoff, chief commercial officer at Enphase Energy. “The program helps realize Hawaiian Electric’s goal of a 100% renewable power grid by 2045, and more homeowners than ever before can have a solar + storage system. We are thrilled to work with our installers in Oahu to make enrolling our batteries into this program simple and easy.”
