Eversource ConnectedSolutions battery program - New England homes get paid to store power

Eversource ConnectedSolutions battery program pays residential customers in New England to dispatch stored energy during peak demand events. This product is driving the price of Eversource Energy stock (ISIN US30040W1080).

The Eversource ConnectedSolutions battery program starts in a quiet basement, where a white lithium-ion box hums softly next to the washing machine and a Wi-Fi router flickers blue lights. This is where Eversource Energy turns home batteries into a grid resource that can also earn the owner money.

How ConnectedSolutions works day to day

ConnectedSolutions is Eversource’s demand response program that links residential and commercial batteries across New England into a virtual power plant. On hot summer afternoons, those batteries automatically discharge to support the grid and reduce peak load.

Customers enroll qualifying battery systems, such as models from Tesla, Enphase or Sunrun, and agree that Eversource can draw on their stored energy during so-called “Greater Demand Events”. The battery remains on the customer’s property; Eversource simply sends control signals through the installer’s cloud platform.

Payments and incentives for battery owners

Eversource pays residential participants a performance-based incentive in US dollars per kilowatt of enrolled battery capacity per summer season. The exact amount depends on the state program design and whether the battery is in Massachusetts, Connecticut or New Hampshire.

Importantly, customers retain backup power functionality. Installers limit how deep the program can discharge the battery, so a portion of storage remains for outages. That compromise is central to the pitch that Eversource and its partners make to households considering battery investments.

Program scope and eligibility

ConnectedSolutions currently spans multiple states in Eversource’s territory, including Massachusetts and Connecticut, and is open to residential and some commercial customers with approved battery systems. Prospective participants typically sign up through their installer, who handles technical enrollment and utility communication.

The program focuses on peak-demand periods, usually during summer afternoons and evenings. Most batteries dispatch for limited windows, often a few hours, so participants experience only short, planned cycles that are communicated in advance via email or app notifications.

Role in Eversource’s broader strategy

For Eversource CEO Joe Nolan, ConnectedSolutions is a tangible piece of the utility’s strategy to manage peak demand without building new peaker plants. In investor presentations he points to non-wires alternatives such as demand response and battery aggregation as a cost-effective way to support reliability.

The program also slots into state-level clean energy policies that encourage decentralized storage. Regulators in Massachusetts and Connecticut see aggregated behind-the-meter batteries as a way to integrate more solar and reduce strain on aging infrastructure during heat waves and cold snaps.

What this means for Eversource Energy stock

From a business perspective, ConnectedSolutions itself is a program rather than a standalone product sale, but it helps Eversource align capital plans with regulatory incentives and potentially earn performance-based revenues. The Eversource Energy share (ISIN US30040W1080) is listed on the New York Stock Exchange in US dollars.

Key facts: Eversource ConnectedSolutions

• Product: ConnectedSolutions battery demand response program
• Manufacturer: Eversource Energy
• Category: B2B/B2C demand response service
• Market launch: Gradual rollout in New England over recent years
• MSRP / Price: Incentive-based payments per kW of enrolled capacity
• Availability: Selected regions in Eversource’s New England service territory
• Target group: Residential and commercial battery owners with approved systems
• Highlight / USP: Turns home and business batteries into paid grid resources during peak demand