Energy Energy Storage Electrical Storage

Solar plus storage becomes cost effective

Electrical Storage

Summary

Commercial customers paying demand charges and time-of-use rates should seriously consider an investment in solar plus storage.

Perspectives and insights

  • Battery energy storage costs are less than a fifth of what they were a decade ago.
  • Behind-the-meter solar-plus-storage can often deliver bill savings for large commercial and industrial users that have high demand charges or have time-of-use (TOU) utility rates.
  • Solar-plus-storage has the potential to displace some natural gas plants in the US.
  • Cities can play a unique role in helping to build the solar+storage industry by developing goals, policies, and siting and safety guidelines.