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Tuesday, October 30, 2018

CleanChoice Energy partners with Swell Energy to Launch Residential Energy Storage Program


 

Maryland Residents Can Install Home Energy Backup and Receive Up To $5,000 State Tax Credit*

 

Baltimore, MD. October 30, 2018---CleanChoice Energy, a renewable energy company that provides clean energy products to customers across the country, has partnered with Swell Energy to provide home energy storage batteries to Maryland residents for the first time. Through the partnership, Marylanders can now get clean home energy backup and may be eligible to receive a state tax credit of up to $5,000. Home energy batteries provide power during outages without the need of polluting home generators. Last year, more than 36.7 million people--including 88,000 Marylanders--were affected by 3,526 reported power outages across the country.

 

“People need reliable backup power now more than ever. Climate change is fueling extreme weather that makes the grid more vulnerable to power outages at the exact time that we all depend on electricity for nearly everything. Marylanders can now have peace of mind knowing their lights will stay on when the power goes out,” said Tom Matzzie, CEO of CleanChoice Energy. “Home battery backup makes our homes more resilient, helps move us closer to 100% clean energy, and can make dirty generators obsolete.”

 

“This program enables us to offer Maryland CleanChoice Energy consumers a radically simple, cost-effective clean energy and smart home solution,” said Matthew Rising, CRO of Swell Energy.

 

Home batteries store energy from the electric grid and provide seamless backup power to run essential items during power outages of up to 12 hours**—long enough to get through nine out of ten utility company power outages. Home energy batteries are a clean alternative to dirty generators that run on polluting fuels including gasoline, propane, natural gas, and diesel fuel. Burning fossil fuels contributes to climate change and unhealthy air pollution; for example, diesel exhaust has been classified a potential human carcinogen.

 

Swell offers batteries to homeowners as-a-service, and virtually combines the storage capacity across these batteries to provide energy and grid services to our utility and retail electricity partners. By monetizing the value from grid services, Swell reduces the cost of distributed energy resources (DERs) for consumers, allows utilities to benefit from DERs on the grid, and accelerates the adoption of clean energy technologies in a sustainable manner.

 

Maryland residents interested in purchasing the Tesla Powerwall 2 can call 1-888-387-0980 or visit swellenergy.com/MDTaxCredit.

 

*Tax credit information based on Maryland Energy Administration Energy Storage Tax Credit Program and should not be construed as legal or tax advice nor does it guarantee availability, qualification, or amounts of incentives or credits.

 

**The Tesla Powerwall 2 Battery has a usable energy capacity of 13 kWh. A standard home will use 1-2 kW/hour. The total time that a battery can power your home during an outage depends on your individual usage.

 

About CleanChoice Energy

CleanChoice Energy is a renewable energy company empowering utility customers to cut emissions and support clean energy. The company provides renewable electricity to customers by supporting regional wind and solar farms and selling that clean power to homes and businesses. CleanChoice Energy is certified with the highest available rating by Green America’s Green Business Networks. For more information or to become a customer, visit CleanChoiceEnergy.com.

 

 

About Swell Energy

 

Swell Energy is a clean energy platform that makes it easy for consumers and utilities to adopt modern alternatives to traditional energy technology. For consumers, Swell is a one-stop shop for home batteries and solar PV, which it offers as-a-service with zero upfront cost, providing homeowners with cleaner, more secure and more affordable power. For utilities, Swell deploys DERs in accordance with utility needs, and aggregates its customers and assets into virtual power plants that provide targeted grid services, offsetting the need for new power plants and costly distribution system upgrades.

 


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