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Octopus and Lunar Launch Texas Power Plan With $0-Down Home Battery

The move tests whether bundling storage with fixed rates can tame bills in a volatile Texas market.

Overview

  • Octopus Energy and Lunar Energy introduced PowerStore in Texas, a retail plan that pairs a fixed electricity rate with a home battery for a limited pilot rollout.
  • Customers get a 36‑month rate starting at 8 cents per kWh with a $45 monthly battery subscription and no upfront cost, with an option to buy the battery after the term.
  • Each home receives a 30 kWh Lunar Battery designed to keep essential loads running and to respond to grid conditions, with the battery and inverter assembled in the United States.
  • Octopus will control the battery to optimize home use and provide grid services, and the system can pre‑charge before forecast storms but it does not guarantee a reserve for unexpected outages.
  • Sign‑ups are open to new and existing Octopus customers, including homes with solar, with listed inverter compatibility and a 4 cents per kWh solar buyback rate plus standard utility delivery charges.