How Can a Commercial Solar PLUS Battery System Benefit Your Business?
Both solar PV and Battery Energy Storage Systems can provide many benefits for companies in both the private and commercial sector. From promoting cost savings to ensuring a business can handle a grid outage without a loss of production or product, solar PLUS storage is an excellent addition to any company. Interested in a solar-only solution for your business? Click here.
Here’s a breakdown of the most significant benefits of commercial solar PLUS battery storage:
Lower Prices Than Utility Rates
A solar PV system can produce onsite energy at a rate that is lower, per-kWh, than what the local utility would charge. A battery storage and backup system can deliver tariff-specific demand charge savings, which can be a major benefit for commercial operations.
When solar energy and battery storage are paired, they offer enhanced benefits. Not only are the savings and ROI much higher when the technologies work as a duo, but a combined solar and storage system has the potential to streamline the use of energy and significantly reduce demand charge risk. In San Luis Obispo County, peak demand drives energy costs from roughly $20 per KW to $52 during high demand periods.
One of the largest challenges facing companies today is solar intermittency, which can make energy production not completely predictable and consitent.
By installing battery backup systems, commercial operations can reduce demand charge risk due to solar intermittency. This, in turn, makes energy production consistently reliable and reduces the risk of demand charge-related electricity expenses.
Reliable Backup Power
Adding commercial battery backup to an existing solar system will also enhance the resilience of a building’s power supply. This is one of the most important considerations for commercial operations today.
When a company installs backup batteries, they store excess energy produced by solar panels. This energy is then "stored" for later use. If the company then experiences an outage or disconnection from the grid, the building can utilize the solar battery backup to access power, even in the event of an outage.
Corporate Image and Social Responsibility
Today, customers want to do business with companies that support the same social and environmental initiatives that they do. Because of this, installing solar panels and backup batteries on your company is a great way to attract positive attention and market yourself and your company as an organization that cares about the environment and reducing dependence on nonrenewable resources.
Most commercial utility customers pay on a kilowatt-hour basis for the power they use. The cost per kilowatt-hour is based on the company’s highest usage period within a single billing cycle. As such, companies are billed for utilization spikes that exceed beyond their standard number of kilowatt-hours, which can create hundreds or even thousands of dollars of cost overrun during months when costs have increased.
It’s not at all uncommon for companies to find that demand charges make up more than 50% of their monthly commercial utility bills.
While alternative energy sources, such as solar power, can offset demand charges, batteries are the one element that can truly reduce the costs associated with peak energy use. By delivering stored solar power on-demand, battery backup systems are ideal for reducing expenses and helping companies save money in the long-term.
Is Your Organizations A Good Candidates for Solar Energy Storage?
Battery storage works well for corporate locations that have already installed or will be installing solar panels. By reducing high monthly demand charges, commercial solar battery storage helps companies keep more money in their pockets.
Solar plus battery storage and backup is not just for large corporations anymore. Small to mid-sized companies are discovering the benefits of solar plus battery backup:
- Hotels & Resorts
- Medical Office Buildings
- Hardware Stores
- Agricultural companies with large operations
- Car Wash
If you would like to get a free energy audit fro your company, please click or call Todd Burnett at (805) 466-5595, or email firstname.lastname@example.org.