Sunday, December 8, 2013

SolarCity to Use Batteries From Tesla for Energy Storage

"We are providing them a solution to reduce their energy cost and demand cost," said Lyndon Rive, SolarCity's chief executive, adding that the systems would provide backup power and a working solar array during blackouts. The SolarCity systems, which are designed to be eligible for the credit, will be made available to new solar customers signing 10-year service agreements and are made to store about a third of the energy the solar array can produce. The demand charges, meant to compensate the utility for capital investments in distribution infrastructure, are based on so-called peak demand, or the highest amount of electricity used within the billing period. Part of the appeal for businesses trying to reduce their electric loads is that the system allows them to continue operating at full capacity, rather than reducing power usage, as in traditional demand response programs, Mr. Rive said.
Source: NEW YORK TIMES


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