Enphase & Green Mountain Power's Home Battery Lease: A Game Changer
Update: 2025-11-12
Description
Enphase, a home energy company, partners with Green Mountain Power to offer a home battery lease program in Vermont. Eligible customers can lease two IQ Battery Ten C systems for $55/month or $5,500 upfront. This program allows residents to share stored energy with the grid, contributing to a 75 MW virtual power plant. The innovative approach aims to lower costs and improve grid stability. Enphase also plans to launch a new bidirectional EV charger in 2026. The stock initially rose but later cooled down, reflecting a positive yet cautious market response.
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