Daimler, Vivint Solar in exclusive deal on US home batteries

Daimler, Vivint Solar in exclusive deal on US home batteries

Daimler, Vivint Solar in exclusive deal on US home batteries

"The choice to work with Mercedes-Benz Energy, a world-class innovator in energy storage, was an easy one", says David Bywater, CEO of Vivint Solar.

For Vivint Solar, which has a proven track record of installing solar energy systems in more than 100,000 homes across the United States, this is the first collaboration to integrate batteries with its offering. The systems are made up of 2.5-kilowatt-hour batteries - each the size of a mini-fridge - that can be combined in systems up to 20 kilowatt hours.

German automaker Daimler AG will enter the nascent USA market for home batteries through a collaboration with residential rooftop solar installer Vivint Solar Inc, the two companies said on Thursday.

As Tesla regularly points out, the lithium-ion battery cells used in electric cars can also serve in home energy-storage units.

Solar and energy storage prices are highly dependent on your market (electricity cost, gov incentives, etc.) and your property. Currently, Vivint is the exclusive direct-to-home provider for the Mercedes-Benz systems, but more distribution channels are expected soon. In Germany as well, Mercedes had collaborated with regional utilities and solar companies to reach their targeted audiences, and now they have joined with Vivint Solar to achieve similar goals in the U.S. Homeowners will have the same backup capacity as in the US, and commercial customers are being given access to more power storage.

For solar companies, battery storage may provide a lift in a market whose dizzying pace of growth has suddenly slowed, especially for leading installers like SolarCity and Vivint, which both reduced their installation estimates amid corporate upheaval, and Sungevity, which went bankrupt.

Volvo and Google to build smart cars together
The expansion of Google Assistant to iOS is just the latest news and changes that Google is making to Google Assistant . Audi and Volvo announced that they are teaming up with Google to help grow Google's Android Auto program.

"In the future when someone steps into a dealership and they are looking to purchase an EV, they are asking for several solutions and storage will be one of them", Mercedes-Benz Energy Americas head Boris von Bormann said.

The project also helps Vivint offer its customers a cohesive solar package for the first time, combining panels with high-quality energy storage systems. "We believe their energy storage system is going to delight our customers and are impressed with their ambitious plans for the future".

The new offering will be available in California first.

For reference, the average US residential home uses 901 kWh of electricity per month, according to the US Energy Information Administration. The company is responsible for the development and distribution of stationary energy storage under the Mercedes-Benz brand.

For now, Mercedes will leverage its partnership with Vivint to roll out its battery in California, but it could expand to other states based on consumer interest. The company said that once necessary permits are obtained, installation of complete systems typically takes one or two days.

Related news