Public Service Enterprise Group Unit Launches Home Battery Storage Pilot Program

MT Newswires Live

3 hours ago

Public Service Enterprise Group's (PEG) PSE&G unit said Wednesday that it has launched its GridSmart Battery Program, which is intended to help offset the costs of customers installing a home battery system.

The company said the program will offer a $5,000 incentive toward home battery systems, as well as up to $25,000 in interest-free, on-bill financing for remaining installation costs.

The company said it will use the participating batteries to help manage electricity demand during peak periods and provide backup power during outages.

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