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Program will utilize the collective power of solar-plus-battery storage systems during times of peak demand
IRVING, Texas, Sept. 11, 2024 /PRNewswire/ -- Vistra (NYSE:VST) today announced a new program for homeowners in partnership with Sunrun (NASDAQ:RUN) to support grid reliability for Texans. Through Vistra's flagship retail electricity brand, TXU Energy, the TXU Energy & Sunrun Battery Rewards program will aggregate power stored in residential, solar-connected batteries, forming a virtual power plant to dispatch energy back to the grid when it's needed the most.
TXU Energy customers who opt into the program and have installed Sunrun home solar panels and batteries will receive financial incentives for their participation while retaining control of their systems during power outages or severe weather conditions. These customers can also continue to benefit from TXU Energy's solar buyback plans, which credit solar energy system owners for the electricity they add to the grid.