Reduce Demand Charges With Commercial Energy Storage
Store energy for when your electricity demand is highest
Energy storage systems allow businesses to reduce utility demand charges through peak shaving. Utilizing expert analysis and design, our analysts will provide you with a clear picture of the financial benefits of adding energy storage for your business, with or without solar. By storing and shifting power to times when more is consumed and prices are at their peak, you can reduce the impact of high-cost energy from the utility.
Peak Shaving With Energy Storage
This chart shows the added value provided by integrating an energy storage system with a solar energy system.
REBATES & INCENTIVES ARE STILL AVAILABLE
Rebates and incentives are still available for installing a home energy storage system. Particularly, the most attractive incentive right now is California’s Self-Generation Incentive Program (SGIP). Adding this incentive, on top of the 30% federal tax credit, can nearly eliminate the cost of installing energy storage. The SGIP rebate, however, is highly competitive with limited funding. Be very wary of any contractor who “guarantees” the SGIP rebate, as the program is expected to go to a lottery (meaning there is no first-come-first-served system).
- Energy storage is eligible for the Federal Investment Tax Credit (ITC).
- Eligible for California’s Self-Generation Incentive Program (SGIP). *This rebate is limited.