New Jersey utility explores third-party financing for home battery deployment

PSE&G's experiment with alternative ownership models for residential batteries raises questions about whether utilities will adopt similar approaches to scale distributed energy storage.

First covered Aug 31, 2026 · 4:12 PM PT · 1 article · no longer in the live window

New Jersey utility explores third-party financing for home battery deployment — Image via latitudemedia.com

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26d Latitude Media The great home battery financing experiment — New Jersey’s PSE&G is taking a creative approach to scaling battery deployment, but will most utilities eventually opt for third-party ownership?

More coverage from around the web

njbmagazine.com PSE&G Introduces Residential GridSmart Battery Pilot Program - New Jersey Business Magazine

roi-nj.com PSE&G introduces GridSmart Battery Program, a pilot for residential battery storage | ROI-NJ

nj.gov Board of Public Utilities | NJBPU Advances Statewide Home Batteries Program with New Garden State Energy Storage Proposal

prnewswire.com PSE&G Introduces GridSmart Battery Program, a New Residential Battery Storage Pilot

dailyenergyinsider.com PSE&G introduces residential battery storage pilot - Daily Energy Insider

Appeared in: 2026-09-01 (#2)

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New Jersey utility explores third-party financing for home battery deployment

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