Businesses Can Save By Buying Batteries

Five Million Commercial Customers Could Cut Costs with Battery Storage; First public survey of utility rates details economic potential for commercial behind-the-meter battery storage market

August 24, 2017 (Clean Energy Group)

“…[An analysis of over 10,000 utility tariffs in 48 states found] that more than five million of the 18 million commercial customers across the country may be able to cost-effectively reduce their utility bills with battery storage technologies…[Researchers from the Department of Energy’s National Renewable Energy Laboratory (NREL) and Clean Energy Group (CEG)] looked at the number of commercial customers eligible for utility rate tariffs that included demand charges of $15 or more per kilowatt, an industry benchmark for identifying economic opportunities for behind-the-meter storage. They concluded that [over 25% of the approximately five million customers] were at or above this demand charge threshold…This represents a substantial market opportunity for behind-the-meter battery storage, which can be installed to control peak demand and lower electricity bills by reducing demand charges…” click here for more

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