What Are the Benefits of Commercial and Industrial Battery Energy Storage Systems
A commercial and industrial battery energy storage system can help a business lower electricity costs, use more on-site solar energy and support selected operations during outages. The strongest projects match those objectives to the site's tariff, load profile and electrical design. For factories, warehouses, commercial buildings and EV charging operators, battery storage provides flexibility over when electricity is purchased and used. The value comes from a suitable operating strategy. Storage losses, installation costs and battery aging must be included when evaluating the result. 1 Reduce Electricity Costs through Energy Shifting Under a time-of-use or other variable-price tariff, a battery can charge when electricity is cheaper and discharge to reduce purchases when prices are higher. Charging hours are market-specific: they may occur overnight or during periods of strong renewable generation. The relevant margin is the avoided purchase cost minus the charging cost and other...