The Growing Opportunity for Residential Energy Storage in the US

By [email protected] The first quarter of 2016 saw 18.3 megawatts of grid-interactive energy storage installed in the U.S., up 127 percent year-over-year and marking the largest first quarter in the history of the nation’s energy storage market, according to GTM Research’s Q2 2016 U.S. Energy Storage Monitor report. Encouraging growth is occurring in the residential segment within the U.S. In fact, only the residential segment saw growth in megawatt terms over deployment compared to the massive Q4 2015, albeit at a modest 5 percent quarter-over-quarter.

Historically, California has dominated residential energy storage deployments in the U.S. In Q1 2016, however, GTM Research observed

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