a16z-backed Base Power is offering cheaper electricity to the power grid that needs it most (opens original article in a new tab)

Base Power, an energy storage startup, is offering cheaper electricity through home batteries in Illinois, targeting the PJM grid which faces high demand and price increases.

• Energy storage startup Base Power began selling home battery systems in Illinois, targeting the PJM Interconnection grid.
• Base Power's rates are 25% lower than ComEd's, and its batteries are larger than competitors'.
• PJM has struggled with rising electricity demand and has paused new generating source applications.