Massachusetts Among First to Consider Net Metering for Energy Storage amid Calls by Tesla

The Massachusetts Department of Public Utilities has initiated a proceeding to investigate the eligibility of energy storage systems to net meter. Stakeholder comments in prior proceedings prompted the investigation, which comes at a time of boom for the storage industry which reflects in the policy realm. Multiple states have passed policies supporting storage, such as mandates, tax incentives, streamlined permitting processes, and research and development programs. While the spread of renewables will be one major driver for the growth of storage, grid resiliency efforts, especially in the wake of weather disasters, will provide another avenue for growth in the industry.