While we tend to think of solar and battery storage as an emergency backup solution, the reality is that battery storage combined with solar offers a strong incentive for the unique power needs of businesses. Here are some of the ways that a battery storage system can benefit your facility:
Solar energy makes sense for businesses because it provides reliable electricity locked in at a rate lower than the utility company offers. However, for many businesses, the bulk of the electric bill is structured around demand charges (paying for a certain amount of grid capacity to be available during energy spikes) vs. volumetric charges (paying for the actual kilowatt-hours of electricity needed to power the business).
Solar electricity does a great job of reducing volumetric charges, and when there is coincident load (heavy power use during the day) it can have an impact on demand charges as well. However, this impact is significantly enhanced by the addition of smart batteries which allow stored solar energy to be released during high demand peaks, effectively lowering the amount of energy being demanded from the grid during this time period. You pay less of a demand charge because you have ‘shaved’ the load that is needed from the grid.
Earn revenue:Your facility may qualify to earn a financial incentive for lowering your facility’s load during times of the year when grid usage is at its peak. Participation is easy thanks to energy management software, making it so customers can participate without having to change or adapt their operating schedule to participate. The ReVision team will assist in helping you identify what programs you may be eligible for.
Back up critical loads during an outage:Battery storage systems can also play a useful role in providing emergency power to critical loads in your facility during a power outage. When combined with solar (or even other generator sources you may have already), you can extend your emergency power to deal with longer outage periods.
Meet your sustainability goals:Combining the power of the sun and batteries allows your business to save money and significantly reduce its carbon footprint. This technology is a win for your business, your customers, and our planet!
Ready to start saving with a battery storage system? Click the 'Get Started' button to contact our commercial battery storage team.
