Improve Your Bottomline with Energy Storage
For commercial and industrial (C&I) building owners, battery installations can increase storm preparedness and resilience, and can provide backup power when the grid goes down. Even more beneficial, your battery systems provide an opportunity for peak demand management, saving you money on monthly demand costs on blue-sky days.
If you install a battery alongside solar photovoltaic (PV) panels, you can charge when the sun is out, further increasing your opportunity for energy savings.
Incentives Add Up to Savings
The Energy Storage Solutions program provides both upfront and performance incentives to reduce the cost of installing battery storage systems.:
Upfront incentives reduce up to 50% of the battery’s cost in exchange for allowing the battery to reduce electrical grid stress on hot summer days for 10 years.
Performance incentives are paid twice a year for 10 years based on how much average power the battery contributes to the grid during critical periods.
Incentive adders are available to Priority Customers (maximum incentive is capped at 50% of cost):
Small businesses – with less than 200 kW annual peak demand
Critical facilities – as defined by PURA final decision on Docket 23-08-05 (see page 50-51)
Customers replacing fossil fuel generators
Grid Edge – see if your operation qualifies
Incentive Rates
Commercial and Industrial Upfront Incentive ($/kWh) | ||||
Small Commercial | Medium Commercial | Large Commercial | ||
Peak Demand | <200 kW | 200 kW – 500 kW | >500 kW | |
Tranche 2 Incentives (100 MW) | $200 | $175 | $100 | |
Priority Customer Adder (if applicable) | +25% | +25% | +25% |
Commercial and Industrial Performance Incentive ($/kW) | ||||
All Customers | ||||
Years 1 – 5 | Years 6 – 10 | |||
Season | Summer | Winter | Summer | Winter |
Incentive | $200 | $25 | $115 | $15 |
Get Started
Protecting your building from outages and strengthening Connecticut’s electrical grid is as easy as 1, 2, 3!
- Consider if your building would benefit most from solar, solar plus storage, or a standalone battery system
- Reach out to an Eligible Contractor or learn more about install Eligible Equipment.
- Have your system installed and start reaping the financial benefits.
Resources
Review the Program Manual
If you still have questions, please fill out the contact form below.