Market available: Ontario
In Ontario, there is no better opportunity to lower your electricity costs than battery storage with behind-the-meter service. Net savings are typically 200k per MW/ Per year.
Case Study – An agricultural products manufacturer using 6,241,828 kWh a year with a .75MW battery with minimum 2.25 MWh capacity.
Avg Hourly Demand (kW) 711
WAVG GA $0.0926
Annual GA $578,000
Peak demand 778
Net Savings including electricity price arbitrage and demand response $1,691,413 over term *** assuming GA remains the same over term and does not increase.
We know that the GA will increase 30-40% over the next 10 years due to long term contracts already in place with generators, which includes more supply than required for the Province.
Additionally savings are based on assuming you are a Class A customer already. Customers that opt in to Class A ‘typically’ save however we can tell you what you would have saved last year as a Class A customer without the use of battery storage as part of our no obligation profile.
With our suppliers proprietary algorithm the ability to hit 5/5 peaks is 95-99% certain with a cycle of 100 times per year. As more Class A customers come on board, the peaks become less predictable which can be managed by scaling the system to accommodate but also lean on the expertise of our suppliers top tier team which includes former IESO executives.
Behind-the-meter management and expertise is key to achieve the savings which is why the supplier assumes all the risk and guarantees the savings, as well as fully manage and operate the system. You want to ensure you choose a supplier with the expertise, financial backing, the understanding of the Ontario market and close connections to the regulatory body.
For more details see our page:
https://onterraenergy.com/energy-storage/
For a no cost or obligation profile email us at [email protected] or call 416-840-1485 x 1