Bloomberg estimates that at least 50,000 California households will install storage systems in 2020. This growth will be aided by a perceived need for backup power after last year’s widespread and lengthy outages. Also, data shows that customers installing solar are willing to pay a premium to add storage for backup. So far, residential storage sales have been low in the state but have quickly increased due to generous subsidies, time-of-use tariffs and solar companies eager to upsell.
By Editorial Team
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Bloomberg estimates that at least 50,000 California households will install storage systems in 2020.
This growth will be aided by a perceived need for backup power after last year’s widespread and lengthy outages. Also, data shows that customers installing solar are willing to pay a premium to add storage for backup.
So far, residential storage sales have been low in the state but have quickly increased due to generous subsidies, time-of-use tariffs and solar companies eager to upsell.
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