commentInsurance Company Recognizes Solar Power Backup System
Fireman’s Fund, a major national insurance company, has announced that it will give the same policy discount to homes with a solar-powered backup power system as it gives to homes with backup generators. The company’s 2 percent policy credit for conventional backup power systems will apply to homes using the GridPoint Connect Series from GridPoint.
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The GridPoint system uses photovoltaic panels to generate grid-connected electricity while also using batteries to store energy for power outages. Fireman’s Fund customers can also earn a 20 percent discount on GridPoint systems—similar to discounts offered for conventional fossil-fuel systems. The program is currently available to customers in 12 states.
Fireman’s Fund also plans to announce a similar program for homeowners who install leak-detection systems, another product that combines reduced risk for claims with environmental benefits.
This article was produced by BuildingGreen, Inc.- www.buildinggreen.com
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