Base Power Formally Launches In First State Outside Of Texas, Offer Said To Cut Customers' Supply Bills 25% Below Utility's Fixed Rate

Base Power today officially launched its retail electric offering across the Chicagoland, Illinois area (Commonwealth Edison territory)

"Base installs a battery in every participating home and uses the battery to reduce the cost to serve customers during peak-demand times when the grid is most stressed and power supply is increasingly scarce," Base said

"In its offering to ComEd customers, Base members will get their energy supply at rates at least 25% below ComEd’s default supply rate," Base said

"This is our first market outside Texas, and we chose Illinois," said Zach Dell, co-founder and CEO of Base Power. "Costs here are climbing fast and the grid is under real strain. Those are the exact conditions where a battery in every home does the most good, for the homeowner and for everyone on the grid."

"Over the past three years, Base has scaled rapidly across Texas, powering more than 20,000 homes and raising over $1 billion to expand nationally. The Chicagoland area is the company's first market outside of Texas," Base said

Base is offering the first 2,000 members whole-home backup battery installation for $95, with no ongoing battery fees, reduced from the standard $295 installation fee.