Flex Batteries program
Project
FranklinWH Energy Storage announced its participation in Puget Sound Energy's Flex Batteries program, which allows homeowners with FranklinWH battery systems to share stored energy with the grid during peak demand to help avoid outages and enhance grid reliability.
Deal Analysis
The announced partnership between FranklinWH Energy Storage and Puget Sound Energy (PSE) for the "Flex Batteries program" represents a strategic initiative to enhance grid reliability through distributed energy resources. Under this program, homeowners equipped with FranklinWH battery systems will contribute stored energy to the grid during peak demand periods. This mechanism is designed to mitigate potential outages and bolster overall grid stability, effectively leveraging residential storage assets as a virtual power plant (VPP). FranklinWH's role as a specialized provider of whole-home energy management solutions is central to enabling this utility-led demand response initiative.
This deal is notable for its collaborative approach, bringing together a dedicated energy storage hardware provider, a utility, and two software providers, Uplight and Derapi, indicating a comprehensive and integrated solution for grid optimization. While specific capacity and financial terms remain undisclosed, the strategic implication lies in the expansion of VPP models and the increasing integration of residential battery storage into utility operations across the United States. The broader market context sees the energy storage sector, particularly residential applications, growing rapidly as utilities seek innovative solutions for grid resilience, demand-side management, and the effective integration of intermittent renewable energy sources. This partnership underscores a growing trend towards decentralized energy solutions contributing to centralized grid management.
- Partnership between a specialized residential energy storage provider (FranklinWH) and a utility (Puget Sound Energy).
- Implementation of a Virtual Power Plant (VPP) model via the "Flex Batteries program."
- Involvement of multiple counterparts, including software providers (Uplight, Derapi), indicating an integrated solution.
- Focus on leveraging distributed residential energy storage for grid reliability and outage prevention.
Source Intelligence
KEY DETAILS
Homeowners receive an enrollment incentive of up to $1,000 per battery, plus up to $500 per year for participating. Quote: "Through the Flex Batteries program, homeowners receive an enrollment incentive of up to $1,000 per battery, plus up to $500 per year for participating."
“
Location
strengthening grid reliability across Washington and the United States.
“
PPA Details
When the grid is under strain, Puget Sound Energy (PSE) automatically pulls excess stored power from the system, and homeowners are paid for the energy their batteries provide.
“
Announcement
SAN JOSE, Calif. , March 2, 2026 /PRNewswire/ -- FranklinWH Energy Storage Inc. (FranklinWH), ... announced today its participation in Puget Sound Energy's Flex Batteries program.
PARTIES MENTIONED IN SOURCE
F
FranklinWH Energy Storage Inc.
participant/provider
"FranklinWH Energy Storage Inc. (FranklinWH), a leader in whole-home energy management solutions, announced today its participation in Puget Sound Energy's Flex Batteries program."
P
Puget Sound Energy
program operator/utility
"FranklinWH Energy Storage Inc. (FranklinWH), a leader in whole-home energy management solutions, announced today its participation in Puget Sound Energy's Flex Batteries program."
U
Uplight
software technology provider
"Software technology providers Uplight and Derapi facilitate enrollment, battery dispatch, and customer payment."
D
Derapi
software technology provider
"Software technology providers Uplight and Derapi facilitate enrollment, battery dispatch, and customer payment."
medium quality
Enriched Mar 4, 2026