Patrick Robbins

Well, there's a couple of different things going on, right?

So on the one hand, you know, they don't have to invest as much in substations because the grid itself is more stable.

And on the other hand, there is not as much of a necessity to

turn on those extremely expensive gas-fired power plants during the hottest hours of the hottest summer days when they're needed.

So it saves us money in all kinds of ways.

Con Edison has been charging developers since around last summer something like 30 to 40 times what is customary to interconnect to the grid.

And

Their logic is that there could be new peaks created if all of those batteries charge at the same time.

I will say that I've had conversations with Con Ed, and one of the first questions I asked is, okay, so historically, how much of these projects actually get built?

Because they're assuming that all projects in the interconnection queue get built.

And so...

You know, it's somewhere around 5%.

That's what it was last year.

So, you know, I have a very hard time taking this argument at face value.

And their claim is that if 100% are built, it will be too much stress on the grid, which has never happened.

That's exactly right.

Got it.

Which has never happened.

And so it's also like saying, you know, this could be a problem in like three years time, which, you know,

Another way of thinking about it would be if you were running a restaurant and you said, OK, well, we've projected, you know, how much it's going to cost to buy a certain amount of ingredients.