en.Wedoany.com Reported - Palmetto has launched a battery leasing service called the Palmetto Energy Backup Plan, offering home backup storage through a subscription model, allowing users to obtain a battery system with no upfront payment.

El Niño years may intensify summer storms, increasing the risk of power outages. Approximately 4 million rooftop solar systems in the US still lack battery backup, leaving homes unable to power up during grid outages and facing the threat of electricity interruptions. The Palmetto Energy Backup Plan addresses this pain point through a leasing model, enabling users to obtain a battery energy storage system with 12 years of worry-free hardware without paying upfront costs exceeding $16,000. During grid outages, the system automatically provides backup power; users can set custom backup reserve levels via the Palmetto app and utilize stored energy for energy arbitrage, avoiding peak electricity rates while increasing the self-consumption rate of existing solar systems.

Chris Kemper, founder and CEO of Palmetto, stated that many homeowners mistakenly believe solar panels can supply power during outages, but most systems shut down when the grid goes down. Backup storage is a critical component for achieving home resilience, yet purchasing batteries outright is costly. This subscription model removes the financial barrier, allowing households to obtain backup power without financial strain.

For dealers and partners, the subscription model lowers the primary financial hurdle of upfront battery costs, facilitating new sales and re-engaging existing solar customers. Partners can offer the subscription as a standalone product or an upgrade option, while Palmetto handles maintenance and repair support. The Palmetto Energy Backup Plan currently covers 25 US states and will continue to expand.