GM Launches New PowerBank Home Battery Unit
General Motors (GM) has introduced its latest offering in the realm of residential energy management: the PowerBank home battery unit. This innovative product allows homeowners to capture energy during off-peak times, utilizing the grid or solar panels, and then use that stored energy during peak pricing periods or during outages, all without the necessity of keeping an electric vehicle (EV) connected in the garage.
Competing in the Home Energy Market
Launched in 2022, GM Energy is GM’s dedicated home energy division designed to compete against well-established players like Tesla's Powerwall, alongside new entrants such as EcoFlow and Anker. As the demand for home backup solutions rises, driven by increasing instances of severe weather causing grid disruptions, GM aims to provide households with reliable energy alternatives.
Features of the PowerBank
- The PowerBank system starts at $12,700 and includes a charger, inverter, home hub computer, and the PowerBank unit itself.
- Two sizes are available: 10.6 kWh and 17.7 kWh, with the option to combine two larger units for a total of 35.4 kWh capacity.
- This combined capacity can power the average American home for up to 20 hours.
- Features a bi-directional EV "PowerShift" charger that allows certain GM electric vehicles, like the Chevy Silverado EV, to power the home.
Response to Natural Disasters
Currently, more than 3 million American households are experiencing power outages due to the devastating effects of hurricanes Milton and Helene. Having backup power solutions like the GM PowerBank can be crucial in maintaining essential power supply to preserve food in freezers, operate medical equipment such as CPAP machines, and keep water pumps running during emergencies.
Nationwide Availability
GM Energy has expanded its operations and is now available in all 50 states. Interested customers can connect with specialists on the GM Energy Live page for an immersive digital experience to learn more about the products.
While GM does not directly offer solar energy solutions, potential customers will be referred to its preferred installer, Qmerit, to assist with solar panel installations.
Conclusion
The new GM PowerBank unit represents a significant advancement in residential energy solutions, offering both energy independence and reliability in the face of natural disasters. As awareness and demand for sustainable home energy solutions grow, GM Energy positions itself as a formidable player in the market.
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