<ul><li>Tesla disclosed paying nearly $10 million to Powerwall owners in 2024 through its Virtual Power Plant programs.</li><li>Virtual Power Plants aggregate distributed energy storage systems like Tesla Powerwalls to stabilize the power supply by discharging stored energy during grid stress.</li><li>Compensation for Powerwall owners in VPP programs varies, with California's Emergency Load Reduction Program offering around $2.00 per additional kWh contributed during grid events.</li><li>Tesla's VPP initiatives, starting in Australia in 2019, have now expanded to multiple U.S. states, offering different compensation structures to homeowners supporting grid stability with clean energy.</li></ul>

Tesla Revealed $10 million Payments to Powerwall Plants in 2024

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