ePOD Home Energy Storage XPRIZE
Most utility companies are paid for the amount of power they sell and are provided little incentive for improvements in efficiency. A home-based energy storage system (i.e. an ePod) that is able to buy energy from grid when it is cheap (off-peak) and supply it for household needs when electricity is expensive can lower peak energy demand, lessen pollution, and increase access to renewable power generation. The device will also create greater resiliency to blackouts and brownouts.