Deals Counterparts

Entergy New Orleans to launch $28M distributed battery storage incentive program

Development Storage announced New Orleans, United States Mar 11, 2026
USD28M
Deal Value
development
Stage
Distributed Battery Storage Incentive Program
Project

Entergy New Orleans has been ordered by the New Orleans City Council to design a $28 million incentive program for installing hundreds of backup batteries in homes, businesses, and non-profits. This program, funded by a settlement with Entergy over nuclear plant issues, aims to enhance decentralized energy resilience and will utilize EnergyHub's software for battery orchestration. The initiative prioritizes social justice, reserving 40% of residential funds for low-to-moderate-income households and targeting 1,500 homes and 150 community institutions.

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Deal Analysis

New Orleans is leveraging a nuclear plant settlement to fund a $28 million distributed battery storage program, mandated by the City Council for Entergy New Orleans. This initiative aims to install backup batteries in 1,500 homes and 150 community institutions, significantly boosting local energy resilience. EnergyHub, known for its distributed energy resource (DER) management software, will provide the orchestration platform for these new assets. Notably, 40% of residential funds are earmarked for low-to-moderate-income households, embedding social equity into the grid's decentralization efforts.
  • $28M program funded by nuclear plant settlement.
  • 40% of residential funds reserved for low-to-moderate-income households.
  • Targets 1,500 homes and 150 community institutions.
  • EnergyHub software to orchestrate battery assets.

Source Intelligence

KEY DETAILS

The program is funded by a settlement Entergy reached with the city over issues at one of the company's nuclear plants, ensuring no cost to taxpayers. The program prioritizes social justice, reserving 40% of residential funds for low-to-moderate-income households. The initiative aims to enhance decentralized energy resilience and guarantee critical supply during hurricanes and heatwaves, functioning as a Virtual Power Plant (VPP). Quote: "No tendrá coste para el contribuyente, en un momento de gran sensibilidad económica, pues se pagará con un acuerdo que Entergy alcanzó con la ciudad por problemas en una de las plantas nucleares de la empresa." Quote: "El 40% de los fondos residenciales están reservados para hogares de ingresos bajos a moderados, asegurando que la tecnología de vanguardia no sea exclusiva de los sectores más favorecidos." Quote: "Este programa de central eléctrica virtual (VPP) busca garantizar el suministro crítico durante huracanes y olas de calor. Analizamos iniciativas similares en California, Texas, Vermont y Puerto Rico"

Deal Size
un ambicioso programa de incentivos de 28 millones de dólares
Location
Nueva Orleans, que vive bajo el nivel del mar y en la trayectoria constante de los huracanes del Golfo de México, ha decidido tomar la delantera en la transformación del sector energético estadounidense.
PARTIES MENTIONED IN SOURCE
E
Entergy New Orleans developer

"el Concejo Municipal ha ordenado a la eléctrica local, Entergy New Orleans, el diseño de un ambicioso programa de incentivos"

N
New Orleans City Council regulator

"el Concejo Municipal ha ordenado a la eléctrica local, Entergy New Orleans, el diseño de un ambicioso programa de incentivos"

E
EnergyHub technology_provider

"El proyecto utilizará el software de EnergyHub para orquestar las baterías"

T
Together New Orleans community_partner

"Nathalie Jordi, de la organización Together New Orleans, subraya la importancia de trabajar para que 'cuando la energía se corta a largo plazo después de un huracán tengamos hogares de ancianos que no pierden su energía, ferreterías, bodegas o estaciones de bomberos operativas'"

medium quality Enriched Mar 12, 2026

Timeline

Announced
Mar 11, 2026
Signed
Closed

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