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Battery Rewards Program
Everything you need to know about the Home Battery Rewards Program
What is the Home Battery Rewards program?
The SWELL Home Battery Rewards Program, in partnership with Hawaiian Electric, is designed to benefit both your household and the community by leveraging your home battery system to support the electric grid. This innovative program channels energy from your batteries to the grid, ensuring you still have reliable backup power for your home. As a participant, you'll receive incentives towards your HECO bill, and if these incentives exceed your minimum bill amount, HECO will issue a check for the remaining balance. There's no cost to join, and you can opt out at any time. For more details about Swell Energy, visit their website.
Customer Net Incentives (Oahu)
| Number of Powerwalls | Monthly Incentive | Annual Value | Total Program Value (Until 2031) |
|---|---|---|---|
|
2 |
$70 |
$840 |
$5,880 |
|
3 |
$105 |
$1,260 |
$8,820 |
|
4 |
$145 |
$1,740 |
$12,180 |
What are the benefits of the Home Battery Rewards program?
The Home Battery Rewards Program offers a multitude of benefits, providing financial incentives while contributing to a more sustainable and resilient energy grid. By enrolling in this program, you secure a reliable backup power source for your home and support O‘ahu's transition to 100% renewable energy.
List of Benefits
- Monthly Savings: By joining this program, you can enjoy monthly savings on your utility bills thanks to the rewards you earn from your home batteries.
- Grid Support: Contribute to a stable and reliable electric grid by sharing energy from your home batteries during peak demand times. Your participation helps reduce the reliance on fossil fuels, here in Hawai’i.
- Reliable Backup Power: Keep your home powered during outages without any negative impact on your system. Your battery will ensure you have energy when you need it most.
- Free Enrollment: There are no fees to join, and you can leave the program at any time. Enjoy the flexibility and peace of mind knowing there are no long-term commitments.
- Lower Monthly Bills: See a reduction on your electric bill every month. Any extra incentives that exceed your bill will roll over to the following month, ensuring continuous financial benefits.
- Easy Enrollment: Joining the program is simple and hassle-free. Just fill out our contact form, and our friendly Energy Consultants will guide you through the process, ensuring you understand all the benefits.
- Flexible Participation: You can opt out of the program at any time without any penalties or obligations. This gives you complete control and flexibility over your participation.
Frequently Asked Questions
What solar and battery products do we offer?
We offer many different options for your solar panels which include but are not limited to: Panasonic, REC, LG, Q Cell and Hyundai.
Looking for a battery solution? Work with our team of storage experts to determine the best fit for you. Popular battery offerings include Generac, Enphase and Fortress batteries!
At Independent Energy we are committed to quality. Offering only the best materials available in the market.
Why work with Independent Energy?
Independent Energy was founded upon a core belief that customers wanting to go solar needed a more transparent, fair and most importantly, a simpler, way to go solar. With our team of dedicated professionals we are able to provide customers with an unmatched level of expertise and commitment to quality.
How do we size a solar system?
With your current HECO bill, and a site survey of your home, we are able to build a system that can meet your energy needs based on the current consumption of your home. With all of this information we can give you the most accurate estimate and system size for your home!
Is there financing available?
Independent Energy offers an array of financing options. Loan options range from 18 months to 25 years with interest rates as low as 0% APR. To find the best fit for you and your home give us a call at (808) 460-6015 or fill out our estimate form for your complimentary quote!
How can I get a quote?
Feel free to fill out our form on our website or if you would like to speak with a representative give us a call at (808) 460-6015!
IEH can help you with the Home Battery Rewards Program
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