Core Insights - Sunrun's CalReady power plant has significantly expanded, now providing critical energy support to California's grid during peak demand periods [1][3] - The company emphasizes its role in transforming the energy grid towards a more reliable and independent energy source for consumers [2][4] Group 1: Expansion and Capacity - CalReady has more than quadrupled its power output, expected to deliver an average of 250 megawatts per two-hour event, with a peak capacity of 375 megawatts, sufficient to power approximately 280,000 homes [3][4] - In 2024, CalReady enrolled over 16,000 households, delivering an average of 48 megawatts during summer heat waves [3] Group 2: Customer Benefits and Compensation - Sunrun customers participating in CalReady can earn up to $150 per battery for sharing stored solar energy, with total expected compensation nearing $10 million this year [4][5] - The program has delivered over $1.5 million in value to customers last year, contributing to lower costs and grid stability [4] Group 3: Strategic Importance and Market Position - CalReady is recognized as the largest home storage aggregation in California's Demand Side Grid Support program, showcasing Sunrun's leadership in the virtual power plant space [2][4] - The storage-first strategy has led to over 60% of new customers opting for battery storage, with nearly 90% in California [6] Group 4: Operational Efficiency - Sunrun actively manages and dispatches the participating batteries, ensuring a seamless experience for customers while maintaining a backup reserve for outages [7]