Slashing CO2

Founded: 2023

HQ: Austin, TX

The grid’s battery buildout.

Big Picture

Electricity demand is exploding. From AI data centers to household electrification to advanced manufacturing, the grid simply can’t keep up. The answer lies in adding more flexible capacity – and fast. But legacy power companies were built around a 20th century model where electricity only flows one way, demand is predictable, and building out capacity takes years and costs billions.

How it Works

Base is a new kind of power company, vertically integrated across hardware, software, and energy retail. They expand grid capacity and stabilize household costs through a distributed fleet of home batteries networked by proprietary software that balances supply and demand in real time. Revenue comes from two channels: direct-to-consumer electricity service in deregulated markets and utility partnerships with fixed annual fees in regulated ones.

Unfair Advantage

By owning the full energy stack, Base adds capacity cheaper and faster than any utility-scale developer – in weeks, not years. Boasting 92% uptime, their distributed fleet is also more reliable than coal or gas. Their upcoming next gen system will further slash costs in half while doubling install speed. With strong consumer support – 75 NPS, less than 0.5% churn – and over 60 MW of utility projects with energy majors in the pipeline, Base is building the power company the modern grid demands.

400

Dollars

annual energy savings per household

ZACH DELL CEO & CO-FOUNDER

Before founding Base, Zach was an investor at Thrive Capital and Blackstone, where he focused on energy and industrial technology.

JUSTIN LOPAS COO & CO-FOUNDER

Justin led manufacturing programs at Anduril and SpaceX, where he built advanced production systems for defense and aerospace hardware.


Base Power, a Battery-Focused Power Company, Raises $1 Billion

The New York Times

Home batteries, and Base Power, take off

Axios