The U.S. market has recently seen a significant uptick in the addition of on-site energy storage. GTM research reports that Q2 2017 saw 443 commercial and residential storage projects installed, totaling 32 MW…Solar and storage hybrids are coming on strong and will likely soon become commonplace.
For years, on-site storage was out of reach for most businesses and institutions. But with costs falling rapidly for batteries, storage on your side of the electric meter is becoming more affordable every year.
On-site solar power is even more effective when paired with energy storage that’s also located on site. Solar + storage offers several key advantages to schools, hospitals, governments and commercial businesses:
- Gain Resilience: On-site battery backup keeps the lights on when the power goes out.
- Save Money on Power: Batteries allow you to store excess solar power and then send it back to the grid when utility power is most expensive, saving you money on both power that you buy during peak times and on demand charges that apply to your whole bill year round.
- Save Money on Backup: Batteries on site can replace part or all of the traditional power backup you need, allowing you to reduce or eliminate deliveries of diesel or other generator fuels. Power stored in batteries lasts longer than liquid fuels, which must be replaced on a frequent basis even if you haven’t used them.
- Show Leadership: Solar + storage both located on site highlight your vision to lead on sustainability.
If you’d like to know if your location is suitable for solar + storage and whether you’d qualify to get both together with no upfront capital investment, contact us for a free site assessment.