Base Power installs and owns a network of backyard batteries to provide home backup power and to deliver grid services. It uses a subscription model: customers pay an upfront install fee plus ongoing monthly and per-kWh charges, while Base Power sells the stored electricity back to the grid during peak demand. The company operates in Texas and Illinois and has deployed hundreds of MWh of storage, with a latest product, Base Core, a 39.2 kWh home battery built in its Austin factory. Its goal is to give homeowners reliable backup power and monetize distributed storage by supplying energy to the grid to balance demand.
Company Size
201-500
Company Stage
Series D
Total Funding
$2.3B
Headquarters
Austin, Texas
Founded
2023
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