LOUISVILLE, Ky. and
WAUKESHA, Wis., July 9, 2020 /PRNewswire/ -- Virtual
Peaker and Generac have formalized a licensing agreement,
which fully integrates the Generac PWRcell suite of energy storage
systems with Virtual Peaker's advanced cloud-based distributed
energy platform.
The agreement allows Virtual Peaker access to Generac's
proprietary PWRcell control systems, allowing PWRcell systems to
participate in utility companies' grid services programs.
Integration of the technology benefits customers of both companies,
who will be able to reduce costs by seamlessly storing and
optimizing solar power that's managed real-time by Virtual Peaker's
software.
The technology partners currently participate in Green Mountain
Power's (GMP) "Bring Your Own Device" (BYOD) program that allows
the Vermont utility to remotely
access customers' battery storage systems in place of more
expensive surplus power. In return, GMP credits customer accounts
based on the amount of energy transferred from the residential
batteries to the grid. The companies are also participating in
Portland General Electric's recently announced pilot program aimed
at utilizing residential storage systems as a controllable virtual
power plant. In addition, Virtual Peaker and Generac have teamed up
with ReVision Energy to install solar energy arrays, including
storage, in Maine.
"Virtual Peaker works with the most innovative utilities and
energy companies in the United
States, and we're thrilled to add Generac PWRcell to our
suite of technology partners," said William
(Bill) Burke, founder and CEO of Virtual Peaker. "Our
customers demand real-time control systems and a seamless user
experience, and we're confident that Generac will help us continue
to deliver on that promise."
"At Generac, we're accelerating the world's transition to
residential clean energy," said Ben
Polito, president of Clean Energy Solutions at Generac. "We
build products that make it simple and efficient to store, monitor,
and use solar power, so Virtual Peaker's real-time, cloud-based
control system for smart home devices is a great addition to what
we offer our customers."
MEDIA CONTACTS:
Virtual Peaker: Mark Ray mark@markrayassociates.com |
802-355-0145
Generac: Lauren Willems Van
Dijklvandijk@punch-pr.com | 312.215.5822
About Virtual Peaker
Virtual Peaker is a cloud-based energy management platform that is
helping utilities build the grid of the future. Using the
internet-of-things, Virtual Peaker connects to any in-home smart
device to allow utilities to run residential demand response
programs, develop new revenue streams, and exceed their customer
engagement goals. Virtual Peaker is based in Louisville, Kentucky.
About Generac
Founded in 1959, Generac is a
leading global designer and manufacturer of a wide range of energy
technology solutions and other power products. As an industry
leader serving residential, light commercial, and industrial
markets, Generac's products and solutions are available
globally through a broad network of independent dealers,
distributors, retailers, e-commerce partners, wholesalers and
equipment rental companies, as well as sold direct to certain end
user customers.
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SOURCE Generac Power Systems, Inc.