Generac To Offer Smart Grid Ready Capabilities Through Enbala Concerto Platform

Generac Holdings Inc's (NYSE:GNRC) Smart Grid Ready capabilities are offered through the Enbala Concerto platform.
Generac's line of home standby generators, commercial and industrial generators, and PWRcell solar + battery storage systems are being manufactured and offered as Smart Grid Ready.
The feature allows customers to sell power back to the grid more quickly and offset their energy costs.
Generac's Smart Grid Ready products become distributed energy resources (DERs), which form virtual power plants (VPPs) – collections of DERs capable of augmenting the grid services provided by traditional power generation.
Current PWRcell and home standby generator customers can access the Concerto platform through a firmware update.
Price Action: GNRC shares are trading higher by 1.85% at $426.65 on the last check Wednesday.