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Fortune
Fortune
Business
Jordan Blum

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

Zach Dell is the co-founder and CEO of Base Power. (Credit: Base Power)

Zach Dell watched his father Michael become one of the richest men in the world building a home computing and tech empire, and now he’s aiming to revolutionize the home electricity business with his Base Power.

Austin, Texas-headquartered Base, which just completed a $1 billion fundraising round in October, takes the “Costco membership” route by offering a one-stop shop for the home: electricity and a backup-power solution courtesy of a battery storage system, not a standard gas generator.

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