Tels sent emails to customers of the Los Angeles Department of Water and Power, inviting them to join the company’s Virtual Power Plant (VPP).
“Join the Tesla Virtual Power Plant now, to earn up to $350 per Powerwall in your first full year of participation. Turn your excess stored energy into cash by sending it to the grid when demand is high—increasing the value of your power wall in the process,” Tesla told LADWP customers through emails.
Tesla noted that its earnings per Powerwall were based on VPP participants from May to October 2024. Tesla estimates that payment for VPP contributions in October 2024 will be over $40 per PW. The company will base the rest of a LADWP customer’s potential earnings on participation in 2025.
You can now! @LADWP customers welcome to our Virtual Power Plant https://t.co/fzp6IxeJY1
— Tesla Energy (@teslaenergy) September 26, 2024
A few LADWP customers have already shown interest in joining Tesla’s Virtual Power Plant program on social media. Some existing customers in California and Texas praised Tesla’s VPP program, encouraging people to try it.
Tesla’s VPP in California has expanded significantly over the past few years. In 2022, Tesla and the Pacific Gas and Electric Company (PG&E) started adding users to the VPP in California. Tesla and PG&E welcomed 1,262 homes to the VPP about a month after launching its beta program for Powerwall owners. By January 2023, Tesla and PG&E’s VPP had grown to over 5,700 homes.
Tesla’s Virtual Power Plant in California started welcoming residents in San Diego in 2023. By October 2023, 244 homes had signed up for Tesla’s VPP program. Besides California, Tesla also has a VPP in Massachusetts.
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