Energy Storage
your partner for energy storage
Pfister Energy offers turnkey solutions for all your energy storage needs, including solar energy and battery storage. Our team of experts will consult with you to determine the right energy storage solution to fit your needs, and from there we will design, build, and supply your battery storage. Pfister Energy is your partner in energy storage from conception through design, construction, engineering, and commissioning. We will also work with you on financing options to ensure that your budget, needs, and goals are being met as well as receive any incentives your company may be eligible for.
ENERGY STORAGE IN NEW JERSEY
New Jersey is one of the top three states for both commercial and industrial solar deployments. The state is also becoming a leader in energy storage solutions. The Clean Energy Act was passed in New Jersey in 2017, and the target is to achieve 2,000 MW of energy storage by 2030.
Advancements and incentives being developed in energy storage are quickly making this a dynamic renewable energy solution for businesses and companies.
Energy storage solutions provide benefits not only to companies but to communities and the environment as well. Reducing the amount of energy needed to be taken from the grid allows for an increase in resiliency in the state’s energy grid. Storage solutions also help with reducing our carbon footprint, and provide many other beneficial incentives to companies like maximizing savings by lowering demand charges on energy bills.
Energy Storage Benefits
- Balancing electric loads – if electricity isn’t stored, it has to be used at the moment it’s generated. Energy storage helps with supply and demand.
- Ensuring consistency in energy flow – storing solar energy allows for consistent energy flow during disruptions in generations from things like passing clouds or routine maintenance.
- Energy resilience – the energy grid can be vulnerable to disruptions and outages. Storing solar energy protects against disruptions by decentralizing where energy comes from.
- Savings on utility bills – battery storage can help lower utility bills while allowing you to consume more of your own stored power.
- Reduction of carbon footprint- battery storage gives more control over the amount of solar energy used, which can reduce your property’s carbon footprint.
Helps during power outages
Works synergistically with solar
Reduces peak use and demand charges
Avoids volatile energy costs
Reduces carbon footprint
Helps meet sustainability goals
BATTERY STORAGE INCENTIVES
Besides the many benefits of having solar with a battery storage system, there are also many incentives to take advantage of. By installing battery storage, companies can become eligible for federal tax credits, or ITC credits, of up to 30%.
There are also individual state incentives that companies may be eligible for, and Pfister Energy can help you determine which ones your company may qualify for.
Additionally, demand response is another incentive that can come from battery storage. Demand response refers to utility and wholesale market programs that energy customers can participate in to earn money for reducing electricity use during peak times. Demand response is a key resource for maintaining grid reliability and reducing peak electricity prices.
MEET UNSTABLE GRID DEMANDS
Battery storage systems are quickly becoming crucial to the expanding commercial solar market. The use of battery storage systems helps meet the demands of unstable grid energy, heavy cycling, and irregular full recharging.
Batteries convert electricity into potential energy for storage and back into electrical energy as needed. They smooth out the variability of flow and store excess energy when demand is low to release it when demand is high. This is beneficial to keeping utility costs low.
In mission-critical situations, such as a building that houses a hospital or an elderly living facility, power cannot be lost at any time. Battery storage helps to prevent this from happening, as there is always a surplus of power stored that can be deployed when needed.
SOLAR AND STORAGE
SOLUTIONS
While there are many great benefits to solar systems, the one downfall is that they are only able to produce energy while the sun is shining which could lead to an issue with supply and demand. Also, if the building or facility is in an area known for bad weather, energy production by the solar system could be limited.
The solution? A battery storage system that stores unused solar energy that was produced in excess to be used when the weather or time of day does not permit the production of solar energy.
Utilizing solar with battery storage to store surplus solar energy is an essential way to get the most out of a solar system. Solar with battery storage can lead to cost savings, more efficient energy grids, and decreased fossil fuel emissions.
ENERGY STORAGE SOLUTIONS
As innovative components are developed, our team will continue to help customers integrate them into solar power installations.
Utilizing a battery storage system can provide several opportunities for your business to take advantage of growing technological advances and declining costs within the energy sector.
Many incentives and requirements to deploy storage and manage both distributed renewable resources and fluctuating demand are available in many states.
Pfister Energy partners with companies such as Stem, a global leader in AI-driven clean energy solutions and services, to ensure we are providing the best opportunities for our companies when it comes to energy solutions.
SOLAR WITH ENERGY STORAGE AND MICROGRIDS
A microgrid is a self-sufficient energy system that serves a distinct geographic footprint, such as a college campus, hospital complex, business center, or neighborhood.
Within microgrids are one or more kinds of distributed energy (solar panels, wind turbines, combined heat and power, generators) that produce their power. In addition, many newer microgrids contain energy storage, typically from batteries.
Microgrids and battery storage can work together to store energy, provide energy when needed, and help to reduce costs.
WHAT TO CONSIDER WHEN CHOOSING A BATTERY STORAGE SYSTEM
When considering a battery storage system, there are several factors to take into consideration. Depending on things like the amount of energy being generated and consumed, the location of your facility, the energy needs of your company, your business hours of operation, your utility, and your budget, you need to find the storage system that will be the best fit.
Factors like battery type, sizing, price, voltage, cycle life, and capacity will also have to be considered. Your team at Pfister Energy will work with you to find the right storage system for your company, and we will ensure that the entire process is seamless from beginning to end.