Key Benefits for Business Energy Resilience
- Backup Power During Outages:
- Solar-plus-storage systems allow businesses to use solar power during the day and store excess energy in batteries for nighttime use or during outages.
- This capability means that even if the grid goes down, businesses can continue operations using stored solar energy, ensuring business continuity.
- Peak Demand Management:
- By storing energy generated during peak sunlight hours, businesses can use this stored energy during peak demand times when utility rates are typically higher.
- This approach helps reduce peak demand charges and makes utility bills more predictable, leading to significant cost savings.
- Renewable Energy Maximization:
- Solar-plus-storage systems enable businesses to maximize their use of renewable energy, reducing reliance on grid power derived from fossil fuels.
- This ensures a stable and consistent supply of energy, even on cloudy days or at night, thereby supporting sustainability goals.
- Financial Incentives:
- Businesses can take advantage of tax credits, such as the Federal Investment Tax Credit (ITC), which offers a significant deduction on installation costs.
- Participation in demand response programs can also generate additional revenue by supplying stored energy back to the grid.
- Technological Advancements and Accessibility:
- Recent advancements in battery technology have made solar-plus-storage more accessible and economically viable, with costs decreasing over time.
- This trend is projected to continue, with a growing number of businesses adopting these systems to enhance both sustainability and resilience.
Implementation and Integration
Implementing solar-plus-storage systems involves designing a system that matches the business’s energy needs and provides flexibility for future growth. This requires partnering with experienced providers who can optimize the system for both current and future demands. Additionally, integrating solar-plus-storage into community energy programs can be facilitated through Solarize campaigns, which offer discounted installation options and streamline the process.
Original article by NenPower, If reposted, please credit the source: https://nenpower.com/blog/how-do-solar-plus-storage-systems-improve-energy-resilience-for-businesses/
