"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..." Tesla explained, highlighting the financial incentives for customers participating in the VPP.
"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, indicating a potential increase in value for homeowners who store energy..."
"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..." revealing the positive community response towards the program.
"Tesla's VPP in California has expanded significantly over the past few years. In 2022, Tesla and Pacific Gas and Electric Company (PG&E) started adding users to the VPP in California... and it had grown to over 5,700 homes by January 2023." This reflects the rapid growth and acceptance of the VPP in major states.
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