Partnership
Base Power x Austin Energy VPP
Base Power and Austin Energy launched a utility program using Base networked home batteries as a virtual power plant.
deployment · Active · operating
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5220a1ed-e946-4f87-930e-e84218dab0dd- Type
- deployment
- Status
- Activeoperating
- Announced
- 2025-06-011.3 years ago
- Active for
- 1.3 years
Who’s involved
Base Powertechnology provider
Home battery and virtual power plant (VPP) company co-founded by [Zach Dell](/people/zach-dell) (CEO, son of Michael Dell) and [Justin Lopas](/people/justin-lopas) (COO) in 2023. Raised $2.5B total including $1B Series C (Oct 2025) and $1B Series D (Aug 2026) at $13B valuation. Installing 8 MWh/day of home batteries across Texas and Chicago. 100 MW VPP deal with CoServ. Leases batteries for $19/month.
Off-registry parties
- Austin Energy · customer
Related partnerships
Other deals between the same parties
- Base Power x CoServ VPPBase Power + CoServdeployment2025-06-01operating
- Base Power x El Paso Electric VPPBase Power + El Paso Electricdeployment2025-06-01operating
Other partnerships of Base Power
- Base Power x CoServ VPPBase Power + CoServdeployment2025-06-01operating
- Base Power x El Paso Electric VPPBase Power + El Paso Electricdeployment2025-06-01operating
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Sources (1)
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