PG&E, Rewiring America and Google Launch First-of-its-Kind Virtual Power Plant to Help Lower Costs for All Customers
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Initiative aims to deliver hundreds of deeply discounted home energy upgrades and enroll over 20,000 existing energy devices installed in customers' homes OAKLAND, Calif., Sept. 3, 2026 /PRNewswire/ -- Pacific Gas and Electric Company (PG&E) today announced SHARE (Smart Home Assets for Reliability and Efficiency), a first-of-its-kind Virtual Power Plant (VPP) designed to help communities benefit from rising electric demand, while improving affordability and reliability for all customers. Together, PG&E, Rewiring America, Google, Carrier Global Corporation, Tesla, Sunrun, Renew Home, Demand Side Analytics, encoord and other partners will deploy the new VPP - a coordinated network of home batteries, smart devices, and battery-enabled heat pumps that reduce energy use during periods of high demand - in Bay Area communities. The model is designed to create additional capacity, support reliability and help put downward pressure on rates while participating households save money through smarter energy management with next-generation home technology. SHARE is a first-of-its-kind VPP proof-of-concept that combines enrollment of existing home energy devices with regional deployment of privately funded new electrification technologies to address growing electric demand. "This is about delivering power at the speed our economy demands - while improving affordability and reliability...
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