US Utility Firms Turning to Private EV Chargers and Solar Batteries to Address Peak Power Demand
Distributed energy resources (“DER”), such as EV chargers, rooftop solar systems and smart inverters are proving to be valuable not just to the customers who install those resources but to the utility companies which are traditionally responsible for setting up and running energy distribution networks. BYOD, or bring-your-own device programs, are one way through which a convergence between distributed energy resources and utility grids is happening. Utility companies love this model because it gives them a way to avoid more costly options, such as setting up new utility lines to serve the increased demand for energy. Similarly, customers love the…