Palmetto has launched a battery-only leasing offering for residential customers. The Palmetto Energy Backup Plan addresses the potential for power interruptions from grid outages by delivering dependable backup storage without the traditional financial or maintenance burdens.
While traditional ownership models require large upfront costs of over $16,000 or more, the Palmetto Energy Backup Plan is a subscription service that delivers home battery storage with no upfront payment and a 12-year hardware subscription. Through the Palmetto app, customers can set custom backup reserve levels and use stored energy to avoid peak utility rates through energy arbitrage, turning an existing solar array into a complete, resilient home energy system.
“Many homeowners assume solar keeps their house powered during an outage, but most solar systems shut off when the grid does,” said Chris Kemper, Founder and CEO of Palmetto. “Backup storage is the missing piece of true home resilience, yet buying a battery outright can require thousands of dollars. The Palmetto Energy Backup Plan removes that barrier so families can keep the lights on without the financial stress.”
For dealers and partners, the subscription model reduces the primary financial objection to batteries — the upfront cost — making it easier to close new sales and to re-engage existing solar customers. Partners can offer the subscription as a standalone product or as an upgrade, while Palmetto remains the single point of support for maintenance and repairs.
Palmetto’s Energy Backup Plan is now live in 25 states and counting. The plan initially stated as an add-on to the Enerflo platform.