BIG things are happening in the world of battery energy storage – and utilities are paying attention. In just two years, Base Power has evolved from a promising startup to a serious contender in the demand-side load management space. With a fresh $200 million Series B from Andreessen Horowitz, Addition, and others, Base Power is ready to redefine how residential energy storage can stabilize the grid, support demand response programs, and deliver distributed energy resources at scale.
Ready to get charged up? Let’s plug in together.
Table of Contents
- The Shift Toward Distributed Energy Storage
- The Utility Partnership Model: Bandera Electric Cooperative
- From VC Funding to Real-World Results That Scale
- The Demand Response Advantage
- What This Means for Grid Operators and Utility Leaders
- Looking Ahead
1. The Shift Toward Distributed Energy Storage
Base Power, founded in 2023 with an initial $8 million seed, is focused on a single powerful idea: empower homeowners with robust, affordable home battery backup systems—and use that stored energy to support the grid during peak demand.
Fast Facts:
- Initial install cost to customers: $495
- Storage per household: 25–50 kWh
- Program term: 3-year energy purchase commitment
- 2025 target: 250 MWh of installed capacity in Texas
- Impact: Power up to 250,000 homes for an hour during emergencies
2. The Utility Partnership Model: Bandera Electric Cooperative
At the heart of Base Power’s momentum is a smart partnership strategy. Case in point: Bandera Electric Cooperative (BEC). With BEC, Base delivers localized battery storage that helps:
- Offset peak load events
- Improve grid reliability
- Reduce risk of rolling blackouts
3. From VC Funding to Real-World Results That Scale
Yes, $200 million is impressive—but CEO Zach Dell isn’t bragging about the raise. He’s laser-focused on execution. “Fundraising is the ability to keep executing. The things we should celebrate are customers and revenue and products.” – Zach Dell
According to a 2023 McKinsey report, the BESS market is currently valued at $70 billion—and projected to double by 2030. Utilities that want to meet their decarbonization goals and balance an increasingly electrified grid need scalable, flexible partners.
With Base Power’s approach, utilities get:
- Distributed storage during peak events
- Cost savings from deferred infrastructure upgrades
- Improved demand-side management performance
- Residential energy equity and resilience
4. The Demand Response Advantage
Base Power's business model complements existing demand response strategies by turning households into active grid participants. Here's how it works:
- Home batteries charge when demand is low
- Stored energy is discharged when grid demand spikes
- Utilities reduce strain and stabilize frequency
- Customers stay powered during outages
5. What This Means for Grid Operators and Utility Leaders
If you’re a utility program manager or grid operations lead, here’s why Base Power should be on your radar:
- Offers a proven residential battery deployment model
- Strengthens your ability to manage peak demand
- Enhances distributed energy resource (DER) portfolios
- Scales quickly with low customer friction
6. Looking Ahead
The rise of decentralized energy storage isn’t on the horizon – it’s already here. As extreme weather events and electrification trends put new pressure on the grid, innovative BESS partners like Base Power are key to a future that’s not only carbon-neutral, but outage-resilient.
If you're a utility leader, program manager, or energy strategist, now’s the time to act. Whether you’re exploring battery storage integration, building out your DER strategy, or seeking partners for grid modernization, Base Power is a name to watch—and work with.
Are you an electrical utility looking for a proven smart thermostat partner for demand-side load management? Mysa can help. Contact our Utilities team today to talk about your partnership goals.