Looking to maximize energy efficiency and cost savings in your projects?
BC Hydro now offers businesses to take advantage of energy storage incentives — up to 80% of project costs covered (and up to 90% in non-wired areas).
Here are three important insights for your business and projects:
- Explore how energy storage solutions can enhance your facility and systems.
- Consult with our team of experts for personalized advice on optimizing your setup.
- Discover more information about BC Hydro by visiting the provided link.
Energy Storage and Your Business Strategy
Energy storage systems (ESS) are transforming the way businesses manage power. These systems allow facilities to store electricity and use it during peak demand periods, reducing strain on the grid and lowering energy costs. Once installed, the system automatically discharges stored energy when needed, ensuring operational reliability, especially for businesses like retail, industrial, and office spaces.
In addition to cost savings, energy storage enhances power reliability and reduces reliance on diesel backup generators, contributing to sustainability goals. It’s also an effective way to manage peak demand charges, minimize grid dependency, and maintain operations even during outages.
Contact us to discuss what your business plans are so our team can recommend the best solution fit for your project and facilities.
What You Need to Know About BC Hydro’s Incentive
- The incentive is calculated based on the amount of battery capacity your business commits to for demand flexibility.
- Funding may also be available for feasibility studies to assess your facility’s energy storage potential.
- Customers have 24 months to install and activate their system, with incentive payouts occurring in three stages: upon battery purchase, activation, and full system integration.
Understanding DERMS and Why It’s Important
A key component of the energy storage program is the Distributed Energy Resource Management System(DERMS) — a smart control system that enables businesses to manage battery power efficiently. With DERMS, businesses can:
- Switch to battery power for up to four hours during peak periods.
- Delay recharging from the grid by up to 12 hours.
- Pre-charge batteries up to 12 hours before a discharge command.
- Customize charging schedules to align with operational needs.
Many businesses may not yet be familiar with DERMS, but it’s an essential tool for optimizing energy storage and ensuring seamless integration with the power grid.
If you have questions, connect with us or visit BC Hydro for their detailed customer manual.
Next Steps: Connect With Us
Energy storage is a game-changer for efficiency, but understanding the technical aspects and incentive structure is crucial. Our team here at Commercial Lighting is ready to discuss what your needs are and go through the application with you. If you’re interested in exploring how energy storage can benefit your systems and bottom line, now is the time to take action.
