Australian Utilities Cozy Up to Home Storage: ‘If We Don’t Respond, Someone Else Will’

Australian utilities are moving to combat the threat of revenue loss from residential energy storage by opting to supply batteries themselves. Three companies — Red Energy, Ergon Energy and ActewAGL — announced trials offering Panasonic battery systems.

“Our customers are already showing interest in this technology, and if we don’t respond to what our customers want, someone else will,” said ActewAGL CEO Michael Costello.

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