Base Power CEO Zach Dell details battery costs and customer savings

Liz Claman questions Base Power CEO Zach Dell about the cost of their home energy storage batteries and how they compare to natural gas alternatives. Zach Dell highlights that their batteries are significantly cheaper (around 95% less) than traditional home generators or batteries because Base Power owns and operates the units when not in use, providing them for backup during outages. He outlines the pricing structure: a $50 refundable deposit, $695 for a single battery (24-hour backup) or $995 for a double battery (48-hour backup), plus a monthly membership fee ($19-$29) and an energy rate. Customers can save 10-20% on their monthly electricity bills, with further savings expected as the company scales.