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GM’s PowerBank Home Battery Now Available: Revolutionizing Home Energy Management

11/10/24

By:

Param Hariyani

With GM’s PowerBank home battery, homeowners can store energy and power their homes during peak times or outages, marking a significant step in energy independence.

With GM’s PowerBank home battery, homeowners can store energy and power their homes during peak times or outages, marking a significant step in energy independence.

General Motors (GM) has officially launched its new PowerBank home battery unit, adding a powerful option to its residential energy management lineup under GM Energy. This stationary battery system allows homeowners to store energy collected either from the grid during off-peak hours or via solar panels. The stored energy can then be used during peak hours when electricity costs are higher or when there's a power outage, all without the need for keeping an electric vehicle (EV) constantly connected.

A Rising Player in the Home Energy Market

GM Energy, GM's home energy division, entered the market in 2022 to compete with industry giants like Tesla (with its Powerwall) and newer players like EcoFlow and Anker. The growing demand for home backup power solutions has been driven by increasingly frequent and severe weather events, which have disrupted power supplies across the country. Just recently, millions of households were left without power due to hurricanes Milton and Helene, underlining the importance of reliable backup energy systems.

Features of GM’s PowerBank

The PowerBank home battery system is designed to be easily integrated into GM Energy’s existing home energy products. It offers flexibility for homeowners who want to store energy for later use and manage energy consumption more efficiently. Here are the key details:

  • Two Available Sizes: PowerBank comes in two capacities, 10.6 kWh and 17.7 kWh, allowing customization based on energy needs.

  • Expandable: For those requiring larger energy reserves, two 17.7 kWh PowerBanks can be combined to provide 35.4 kWh of energy. According to GM, this is enough to power the average American home for up to 20 hours.

  • EV Integration: The PowerBank system can be paired with GM's bidirectional EV PowerShift charger, allowing users to draw energy directly from GM electric vehicles like the Chevy Silverado EV.


Price and Installation

The PowerBank system, which includes a charger, inverter, home hub computer, and the battery itself, starts at $12,700. In Indian currency, this translates to approximately ₹10,57,400, based on current exchange rates. While the cost may seem high, it represents a significant investment in energy independence, especially for those looking to reduce reliance on the grid or who live in areas prone to frequent blackouts.

For installation, GM Energy refers customers to Qmerit, a trusted solar energy solutions provider, though the actual solar panel systems are not handled directly by GM.

Energy Independence and Resilience

As more people look for ways to safeguard against unpredictable power outages and rising energy prices, systems like GM’s PowerBank provide a reliable solution. Whether for storing off-peak grid energy or capturing solar power, homeowners now have more control over how and when they use electricity.

In addition, the ability to integrate with GM's EVs opens the door for greater versatility, allowing users to tap into their vehicle's battery for additional power if needed.

GM Energy’s products are now available across all 50 states in the U.S., and interested customers can explore their options on the GM Energy Live platform, which offers an interactive, immersive digital experience to help users understand the benefits and features of the system.


For more updates on GM Energy and the latest technology trends, stay tuned to Kushal Bharat Tech News.



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