Electriq Power Holdings, Inc. (“Electriq”), a leading provider of intelligent energy storage and management solutions, has announced a strategic partnership with Aveyo aimed at expanding access to affordable solar + battery storage systems. This collaboration seeks to bolster Electriq’s Sustainable Community Networks program, PoweredUp Network, by leveraging Aveyo’s expertise in customer acquisition and installation services.
Under the PoweredUp Network, Electriq offers a comprehensive clean energy solution encompassing solar panels, battery storage, software management, installation, and grid services. This turnkey approach is designed to empower homeowners towards energy independence, with a particular focus on select geographic regions. Importantly, the program eliminates upfront costs, credit checks, and income or property lien requirements, ensuring accessibility across all socio-economic backgrounds.
Frank Magnotti, CEO of Electriq Power, emphasized the significance of this partnership in extending the reach of affordable clean energy solutions. “This partnership shows Electriq’s continued commitment to grow access to zero-upfront cost, affordable clean energy solutions,” stated Magnotti. “The markets we serve have traditionally been either underserved or completely ignored. Working with Aveyo allows us to bring a high-touch, experience-driven approach to those markets, delivering the knowledge customers need to feel comfortable signing up and the expertise to provide them with a great installation experience.”
Jeremy Hammond, CEO of Aveyo, echoed Magnotti’s sentiments, expressing enthusiasm about contributing to Electriq’s mission. “We are delighted to bring our expertise in solar sales and deep knowledge of solar installation to help Electriq grow this program that helps everyone, regardless of means, gain access to clean energy,” said Hammond. “We look forward to helping accelerate penetration into key target markets and growing the adoption of clean energy.”
Electriq’s Sustainable Community Networks initiatives have gained traction, driven by increasing homeowner interest in reducing electricity costs and enhancing energy resilience. Presently, the company operates 18 programs across California and Connecticut, with plans for further expansion.
Solar + battery storage systems offer homeowners protection against economic uncertainties, including inflation and utility rate hikes, while enabling cost reduction and uninterrupted power supply during outages. By integrating renewable energy technologies, Electriq and Aveyo aim to empower communities towards a more sustainable and resilient future.
