What is an Energy Storage System?
Energy storage is the capture of energy produced at a peak for later use. Energy storage can be done in many ways, most commonly by using Battery Backup systems. Today, lithium-ion battery Backup energy storage is the technology of choice. These systems form the basis of many commercial battery systems, commercial BESS systems, and other commercial energy storage solutions used by businesses and facilities.
Lithium-ion batteries are widely used for battery energy storage because of their ability to store electricity and make it available when needed. Innovative technologies are also being investigated to offer energy storage systems alternatives to traditional Battery Backup systems.
Why do we need Energy Storage Systems?
Renewable energy sources are, naturally, intermittent, producing energy only when the sun is shining or the wind is blowing. By storing the energy produced and delivering it on demand, these clean technologies can continue to power our grid and supply our energy needs with a reliable stream of power throughout the day.
For businesses, business energy storage can also provide a way to make better use of electricity generated on-site. Solar plus storage allows energy produced by a solar system to be stored and used when solar production is lower, helping businesses get more value from their overall energy system.
Who benefits from Energy Storage Systems?
According to The Institute for Local Self Reliance, Energy Storage Technologies can benefit each segment of the power system, including Utility Providers, Commercial Facilities, Industrial Complexes, and even residential homes.
For commercial properties, commercial battery storage can support different energy needs depending on how the facility operates. Larger facilities and industrial operations may require more substantial industrial energy storage systems designed around their particular electrical demands.
What are the benefits of Energy Storage Systems?
For Commercial & Industrial customers, Energy Storage Systems can reduce the overall energy bills by effectively responding to the following needs:
Energy Storage Systems Best Design
Installing an Energy Storage System to be completely Grid-Independent is relatively costly; therefore, it is only done by Utility companies or at locations where utility services are not available. Almost all on-grid commercial and industrial facilities use Energy Storage Systems to mitigate one or more of the above-mentioned needs.
The best commercial energy storage system design should carefully consider the client’s needs when calculating the size of the system, rather than simply looking at the total amount of energy that has been used by the client. The ability to upgrade or expand the system with more efficient products can extend its useful life and help future-proof the investment as researchers continue to reach new efficiencies in Battery Backup and Energy Storage Systems.
Whether the project involves commercial battery storage, commercial BESS systems, or larger industrial energy storage, the system should be designed around how the facility actually uses and needs electricity.
Energy Storage Systems incentives
Federal and many state governments adopted friendly policies and set mandates, enhanced with incentives, to ensure Energy Storage is a corner stone in a national Energy Plan
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A generous Dollar-for- Dollar 26% Federal Tax Credit through Investment Tax Credit Act (ITC), of the TOTAL cost of the Solar System Installation
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A 21% Tax benefits resulting from Article 73 of Tax Code allowing 100% depreciation of the TOTAL cost of the System Installation in ONE fiscal year.
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An 8% California MARCS tax benefit of the TOTAL cost of the Solar System installation.
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An 8% California MARCS tax benefit of the TOTAL cost of the Battery Backup System installation.
First Energy Systems can help Commercial & Industrial customers harness the benefits of Energy Storage Systems by installing reliable and field-tested solutions to ensure their success and maximize their year-round savings.
First Energy System guarantees Lowest Cost of Ownership by:
Frequently Asked Question
1. What is a commercial energy storage system?
It stores electricity for later use, helping businesses manage their energy supply and make better use of on-site power generation.
2. What are commercial BESS systems?
Commercial BESS systems use batteries to store electrical energy for businesses and commercial facilities, making stored power available when needed.
3. Can energy storage work with solar?
Yes. Solar plus storage allows electricity generated by solar panels to be stored and used when solar production is lower or unavailable.
4. Who can benefit from commercial battery storage?
Commercial facilities, industrial complexes, utility providers, and other energy users can benefit from battery storage designed around their specific needs.
5. How is the right energy storage system size determined?
The system should be sized according to the client’s energy needs and intended use, with future expansion and upgrades also considered.