Enphase Energy Announces IQ Battery Systems Now Eligible for San Diego Community Power's Solar Battery Savings Program

Core Insights - Enphase Energy's IQ® Battery systems are now part of San Diego Community Power's Solar Battery Savings program, enhancing access to solar and battery solutions for nearly one million customers in the San Diego region [1][2] Program Details - The Solar Battery Savings program provides an upfront rebate of $350 per kWh for new solar-plus-battery systems and $250 per kWh for adding batteries to existing systems, with larger rebates for nonmarket rate customers [2] - Participants can earn $0.10 per kWh for energy discharged during peak demand hours, typically from 4 p.m. to 9 p.m., promoting grid reliability and cost savings [2] - To retain the upfront rebate, customers must remain enrolled in the program for five years [2] Product Features - Homeowners can install up to three IQ® Battery 10C units without exceeding the $10,000 rebate cap, maximizing incentives and energy output [3] - Enphase's AC-coupled battery system allows for scalable power, beneficial for running large appliances during outages [3] - The recently launched 4th-generation Enphase® Energy System simplifies home backup with three core components, including the IQ Battery 10C, and is backed by a 15-year limited warranty [4] Market Response - The program is seen as a strong investment opportunity for homeowners, with installers noting increased interest in both bill savings and power outage protection [5] - Enphase's products are now shipped with domestic content, qualifying for the Domestic Content Bonus Credit, which incentivizes the use of U.S.-manufactured components [5] Strategic Vision - Enphase Energy aims to create a network of clean, reliable power that supports communities, aligning with Community Power's mission to provide clean, affordable energy [6]