Connecticut Green Bank and GoodLeap partner to launch statewide VPP program
The initiative will aggregate thousands of solar and storage systems to lower costs, boost grid resilience, and deliver monthly cash rewards to participating homeowners under Connecticut’s Energy Storage Solutions program.
Can Virtual Power Plants (VPPs) be a new source of revenue for solar installers? The GoodLeap team thinks so. The fintech company already operates one of the fastest-growing VPP networks in the U.S., and is ready to scale a new program in Connecticut. The Connecticut Green Bank and GoodLeap announced a partnership this week to roll out coordinated networks of home solar and storage across the state, using GoodLeap’s AI-powered GoodGrid platform.
“This initiative will bring new resources to homeowners and ratepayers while supporting our state’s climate and energy goals,” said Bryan Garcia, President and CEO of the Connecticut Green Bank. He emphasized the importance of expanding access to clean and resilient power “especially [for] those in vulnerable communities.”
How it works
The program will be tied into Connecticut’s Energy Storage Solutions initiative, which is overseen by the state’s Public Utilities Regulatory Authority and administered by the Green Bank, Eversource, and UI. By pooling thousands of solar-plus-storage systems, the VPPs will deliver grid services such as peak demand reduction, potentially cutting costs for all ratepayers while giving participating homeowners direct monthly cash rewards.
GoodLeap will integrate participating systems with utility Distributed Energy Resource Management Systems (DERMS). The company says its software has already helped tens of thousands of households earn money for grid support in other states.
“We’re glad to bring our AI-powered VPP software and our deep residential customer expertise to Connecticut,” said Daniel Lotano, GoodLeap’s Chief Operating and Strategy Officer.
Beyond customer savings, the partners argue the program could defer costly grid upgrades for utilities by reducing strain during peak demand hours. The Green Bank will provide technical assistance and community engagement support to ensure broad participation and equitable access.
