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How Eco-Friendly Battery Storage Can Save U.S. Businesses Major Money

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When it comes to cutting costs, many United States businesses aren’t factoring in battery storage. It’s an option that’s used primarily in high-cost areas such as New York and California, but many companies across America don’t realize that they can make the switch to battery storage and save lots of money.

Both the National Renewable Energy Laboratory (NREL) and Clean Energy Group (CEG) released a study that analyzed over 10,000 utility tariffs in the continental 48 states. Around five million businesses had a demand charge of $15 or higher per kilowatt, and they are all eligible for a utility rate tariff. These charges are determined by the highest average flow during the billing period, generally 15 minutes worth of power.