In summer, with hot weather, high electricity prices, and an unstable grid, consumers need a safe, convenient, and flexible energy storage system to power their summer lives.
Time of Use Bill Management
Most people want to enjoy air conditioning and juice in their homes, which will bring them high electricity bills during the hot summer months.
When electricity prices are variable depending on the time of day, storing energy for later use can reduce power costs. Energy is drawn from the grid to be stored when demand and prices are low (typically at night), then used during peak times when prices are higher (typically during the day).
Increased Self-Consumption from Solar plus Storage
Summer comes with full sunshine. In areas with limited grid connection and abundant solar resources, using "solar+storage" is a perfect choice.
Installing storage with end-user solar can be used to reduce or eliminate reliance on the grid by stockpiling excess solar power generated during the day.
Demand Charge Reduction
Consumers may have to bear several times higher electricity bills than before due to the significant increase in electricity demand.
Consumers in many electricity markets, such as the United States, face electricity costs not only based on the amount of energy used, but also on their maximum power draw. In some cases, this “Demand Charge” can make up close to 50% of their total power costs. By reducing the maximum power drawn from the grid, significant costs savings are possible.
Backup Power/ Uninterruptible Power Systems
During a power outage, stored electricity can be used to continue operations without interruptions.
This is especially relevant in the wake of natural disasters like Hurricane Irma, Hurricane Harvey, and the recent California wildfires which saw widespread grid power outages. Intelligently deployed energy storage systems are essential to the continued operation of hospitals and emergency services.
As a specialist in the energy storage industry, RENON POWER has rolled out various home energy storage systems, including HV/LV battery systems, HV/LV integrated energy storage systems, and HV all-in-one energy storage & charging energy systems.
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