Base Power is a Texas-based energy startup that aims to provide affordable, whole-home battery systems bundled with retail electricity service. The company installs and manages residential batteries that supply backup power during outages and sell excess energy back to the grid, designed to offer customers lower bills and greater resilience.
| Zach Dell Co-Founder and Chief Executive Officer |
| Justin Lopas Co-Founder and Chief Operating Officer |
As energy prices continue to rise and power outages become more frequent amid extreme weather events, ComEd customers have a new option to help navigate both problems. A giant backyard battery. Base Power, an Austin, Texas-based startup, has made Chicago its second market for an outdoor battery system that promises to lower monthly electricity supply charges while providing up to two days of whole-home backup power during outages.
Base Power launched today across the Chicagoland area, bringing homeowners in ComEd’s service area a new way to lower electricity supply costs while adding whole-home backup power.
Base Power launched today across the Chicagoland area, bringing homeowners in ComEd’s service area a new way to lower electricity supply costs while adding whole-home backup power.
Base Power launched today across the Chicagoland area, bringing homeowners in ComEd’s service area a new way to lower electricity supply costs while adding whole-home backup power.
Austin-based Base Power, a provider of home batteries for backup power, is in talks to raise around $1 billion at a $12 billion valuation, four sources familiar with the matter told Forbes. Ribbit Capital is in talks to lead the round, one of the sources said.
Base Power, led by co-founder and CEO Zach Dell, the son of Dell Technologies founder Michael Dell, plans to invest $265 million in a new 486,000-square-foot manufacturing facility near Austin-Bergstrom International Airport.