Michael Dell’s son aims to transform the home power business by selling electricity and backup battery power like a Costco membership

Fortune•Tuesday, October 28, 2025 at 12:30:00 PM

Michael Dell's son is making waves in the energy sector with his company, Base Power, which recently raised $1 billion to revolutionize home power solutions. By offering electricity and backup battery power in a membership model similar to Costco, they aim to provide consumers with reliable and affordable energy options. This initiative not only highlights the growing trend towards sustainable energy but also positions Base Power as a key player in the evolving market, especially with plans to build a battery factory in Texas.

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