LEHI — Vivint Solar announced a new partnership with Mercedes-Benz Energy on Thursday that will couple batteries manufactured by the German automaker with residential solar energy systems from Vivint.
Vivint Solar, an offshoot of Vivint Smart Homes, a company that can trace its roots back to the late 1990s with Provo startup APX Alarm Security Solutions, has installed more than 100,000 solar energy systems across the U.S. since being launched by its parent company in 2011. According to Vivint, the new combined systems of solar panels and storage batteries will allow customers to store excess power for use in emergencies or when higher "peak usage" rates are in effect for service areas.
For Mercedes-Benz, this will be its first collaboration with a U.S. solar energy provider. The company is utilizing lithium-ion technology it has developed for its expanding electric and hybrid vehicle offerings.
“As Mercedes-Benz electrifies its vehicle fleet, solar plus storage is essential to enable those vehicles to be powered by clean energy,” said Boris von Bormann, CEO of Mercedes-Benz Energy Americas LLC. “With batteries featuring the best in automotive engineering from Mercedes-Benz, and high-quality solar energy systems from Vivint Solar, our solution allows customers to take the next step toward a sustainable energy future.
"The launch of our home battery system in Europe has been successful, and we are thrilled to be working with Vivint Solar to bring a reliable and compelling solar plus storage offering to American homes,” he said.
Vivint said the new combined systems can be scaled to a particular customer's needs and home size with the basic (and modular) 2.5 kWh system costing about $5,000 and going up to $13,000 for the max 20 kWh system. The batteries are guaranteed to maintain at least 80 percent of their original energy for 10 years. The company said that once necessary permits are obtained, installation of complete systems typically takes one or two days.
Vivint said the new systems will be made available to California customers first, but Utah customers can sign up now, via the company's website, to hold a place in line for when they become available in the Beehive State.
While there are now several companies manufacturing battery systems specifically to complement residential solar systems, Vivint Solar CEO David Bywater said Mercedes-Benz was chosen both for its reputation for quality and long-term commitment to energy innovation.
“The choice to work with Mercedes-Benz Energy, a world-class innovator in energy storage, was an easy one,” Bywater said. “We believe their energy storage system is going to delight our customers and are impressed with their ambitious plans for the future.
"We look forward to bringing this innovative solution to consumers, beginning in our California markets, and to empowering greater renewable energy usage.”
To learn more about the new Vivint Solar combined systems, visit vivintsolar.com.