Sharp Electronics Corporation’s Energy Systems and Services Group has installed a 30 kW energy storage system at Baker Electric’s headquarters located in Escondido, California, US. Coupled with Baker’s existing 90 kW solar photovoltaic (PV) installation, the system is designed to help cap expensive utility demand charges for its commercial building customers.
Peak demand charges are the fastest growing part of utility bills for commercial and industrial customers and can represent up to 50% of a company’s monthly utility bill, Sharp says.
SmartStorage is a lithium-ion battery-based demand management system designed to reduce commercial and industrial buildings’ peak electricity use.
The Baker Electric installation is backed by a 10-year Asset Management Service Agreement.