Disclosure certainty 4/5 debate potential 1/5

Schendel reveals Base Power's three revenue streams and exact consumer pricing

Zach Schendel · Base Power's $200M Series B | Co-Led by Lee Fixel, A16Z, Lightspeed, & Valor Equity Partners · Sourcery with Molly O'Shea · Apr 9, 2025 · at 49:02

Zach Schendel, co-founder of Base Power, breaks down the company's revenue model, hardware fees, and retail power margins.

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“So we make money really in three ways. One is by monetizing the batteries for grid services. Two is by charging a monthly fee. So you pay four 95 up front which is another source of income and then 17 bucks a month. And then we sell power to the homeowner and we make a margin on that as well.”

quote is from the automated transcript, cleaned for reading: filler sounds and stutters are removed, nothing is rephrased. names can be misheard (the analysis reads context, assessments check outside sources). how →

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Opinion
Schendel: The energy industry lacks a disruptive equivalent to SpaceX or Anduril
“I think the energy industry is actually in a pretty similar spot That the aerospace industry or the defense industry was in, in, in the last decade. The difference is that the energy industry doesn't have a SpaceX and it doesn't have an Android role. And we st…”
Zach Schendel Apr 9, 2025 ▶ 6:57 Base Power's $200M Series B | Co-Led by Lee Fixel, A16Z, Lightspeed, & Valor Equity Partners · Sourcery with Molly O'Shea
Assertion Not checkable as stated
Base Power cuts home battery installation times from months to weeks
“So today, if you go buy a home battery it's probably gonna take you two to six months to get that battery on your home. We can get a battery on a home. You know, it varies by permitting requirements from the local municipality, but on the order of two to four …”
Zach Schendel Apr 9, 2025 ▶ 34:26 Base Power's $200M Series B | Co-Led by Lee Fixel, A16Z, Lightspeed, & Valor Equity Partners · Sourcery with Molly O'Shea
Prediction Not checkable as stated
Base claims it will be America's fastest battery developer by summer 2025
“By the summer we'll be deploying at twice the rate. So we'll be the fastest battery developer in the country in, in, in the next, you know, three months.”
Zach Schendel Apr 9, 2025 ▶ 45:13 Base Power's $200M Series B | Co-Led by Lee Fixel, A16Z, Lightspeed, & Valor Equity Partners · Sourcery with Molly O'Shea
Disclosure
Base Power vertically integrates hardware, software, operations, and direct-to-homeowner sales
“We develop battery technology. We deploy the hardware. We own it. We operate it. We sell power directly to homeowners. We install the batteries ourselves. We do the field service and operations and kind of everything, all parts of the stack to build out a flee…”
Zach Schendel Apr 9, 2025 ▶ 3:25 Base Power's $200M Series B | Co-Led by Lee Fixel, A16Z, Lightspeed, & Valor Equity Partners · Sourcery with Molly O'Shea
Prediction Not checkable as stated
Schendel: Texas power grid is a canary in the coal mine for America
“That said, we think that Texas in a lot of ways is the canary in the coal mine for the rest of the country. And as a lot of the rest of the country moves into a load profile that looks a lot more like Texas, the demand for batteries in those states will go up …”
Zach Schendel Apr 9, 2025 ▶ 8:00 Base Power's $200M Series B | Co-Led by Lee Fixel, A16Z, Lightspeed, & Valor Equity Partners · Sourcery with Molly O'Shea
Prediction Open · timeframe Apr 2030
Schendel: Solar and wind plus storage will structurally undercut fossil fuels
“Well, actually the marginal cost of wind and solar plus storage is just going to be lower than the marginal cost of coal and natural gas.”
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