The bill, which is being considered in Senate committees after passing the state House, requires utilities to allow meter-mounted devices to connect between retail electric customer meters and meter sockets. These devices reduce complexity and installation time, ultimately saving homeowners money.
The acquisition will expand Otovo’s U.S. offerings to three states that rank among the highest in installed watts of small-scale solar per capita.
EnergySage reported a 205% increase in homeowner engagement on its home energy marketplace, alongside median pricing of $2.49 per watt, an average system size of 11.8 kW and a decrease in storage attachment rates in the rush to install systems before the end of 2025.
The company also predicts positive cash flow for 2026 as it shifts away from affiliate partners and toward a direct model under which it sells half of the storage and solar systems it builds to a third party upon installation.
From Texas-sized utility projects to skyrocketing residential battery attach rates, 2026 marks the year solar and storage transition from the electric grid’s fastest-growing additions to its foundational pillars.
The company’s battery-backed energy plans offer 12 cents per kWh “all-in” energy costs for a $20 monthly fee to homeowners with or without solar panels in all deregulated Texas markets.
The company’s balcony solar solution is now available via direct purchase or in kits from partner installers and distributors.
pv magazine USA profiles Deep Patel and how he shaped the market for do-it-yourself solar kits.
The California-based solar and storage provider is seeking to raise more than $1.2 million to fund the development of its “Real Goods” hardware line and an AI-driven software hub.
The company’s new “SI-Commercial” product offers 30-year coverage for panels and 20-year coverage for inverters on systems up to 2 MWdc, aiming to improve bankability and shift long-term risk off installer balance sheets.
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