Franklin Home Power Solution
Learn about what a virtual power plant (VPP) is and how you can join the VPP program in your area as an FranklinWH owner.
What is a Virtual Power Plant
A VPP is a network of distributed energy sources (e.g., homes with solar and battery systems installed) working together as a single power plant. The combined energy from these sources is used to support the grid. Participating members can allow the VPP program to use their energy as a resource during high-demand events and generate value through their participation.
By integrating distributed energy resources, virtual power plants can enhance the resilience and stability of your home energy system, reducing reliance on the grid.
FranklinWH VPP Programs
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California: Power Price Protection
- Connecticut: Energy Storage Solutions
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Massachusetts/New Hampshire/Rhode Island: ConnectedSolutions
- North Carolina: PowerPair/Duke Energy Battery Program
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Vermont: Bring Your Own Device
How to Enroll
VPP Value
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Revenue opportunities: As part of a VPP, you can integrate your energy storage system into a large virtual power plant network, allowing you to participate in electricity market trading and energy markets, and earning bill credits revenues by selling or leasing the energy reserves of your energy storage device.
- Resilience and Stability: A VPP allows decentralized energy storage devices to be combined into a whole, allowing energy to be deployed on demand, enhancing the resilience and stability of the grid. This also contributes to the increased utilization of renewable sources, as the energy they generate can be effectively stored and distributed.
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Energy Management and Optimization: A VPP provides centralized management and optimization functions for energy systems, enabling intelligent scheduling of energy storage equipment based on energy demand and market conditions to minimize energy costs and enhance efficiency.
- Participating in Renewable Energy Support: By joining the VPP, you can actively support the development and utilization of renewable energy, promote the popularization of clean energy, and reduce reliance on the grid.
