AmpUp has shared an update. The company reported results from its Connecticut Adapt pilot, a program designed to shift electric vehicle (EV) charging load from peak to off-peak hours while providing grid services. Over a three-month period, the pilot recorded more than 650 charging sessions and successfully shifted 5,450 kWh from peak to off-peak times. AmpUp stated that the cost of delivered grid flexibility was under $0.50 per kWh, which it characterizes as roughly three times cheaper than traditional peaker plants. The pilot also achieved over 85% participant satisfaction and required no administrative effort from site hosts to earn revenue, according to the company. AmpUp now positions Adapt as a scalable solution for nationwide deployment across commercial, multifamily, and public properties.
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For investors, the pilot’s results indicate progress in validating AmpUp’s demand-response and smart-charging capabilities, a key value proposition as utilities and regulators seek lower-cost alternatives to peaker plants and ways to manage EV-driven load growth. If the reported economics and operational simplicity can be replicated at scale, AmpUp could strengthen its appeal to utilities, charging-network operators, and property owners, potentially supporting recurring revenue from grid services and software fees. Demonstrated user satisfaction helps mitigate a common adoption risk in managed charging programs, which may facilitate broader program enrollment and partnerships. However, the financial impact will depend on the pace of utility program approvals, contract wins, and the company’s ability to convert pilot results into long-term commercial agreements in a competitive EV charging and grid-services market.

