Green Mountain Power’s Latest Distributed Energy Play: Smart Water Heaters for 99 Cents a Month

By [email protected] Vermont utility Green Mountain Power has been taking a leading role in setting up innovative monthly installment plans for customers interested in distributed energy resources, from smart thermostats to Tesla Powerwall batteries. Now it’s seeking to tap another kind of battery — one that’s already installed in about 50,000 homes in its service territory.

Last week, GMP launched its eSmartwater program, a pilot that’s targeting about 500 customers with an offer that includes electric water heater controls from startup Aquanta, combined with a free Nest thermostat, for a fee of 99 cents per month. So far, about 100 customers have

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