Commercial Energy Storage
If frequent power outages are affecting your property or demand charges are a large part of your electric bills, commercial energy storage may be the right solution for you. Energy storage can help you lower your electricity bill, back-up critical equipment, and ensure electricity is available when your needs are the highest.
Whether installed alone or paired with solar panels, energy storage can maximize the benefits of clean generation to be a cost-effective solution.
Benefits of Commercial Energy Storage
- Shift electric demand to low-cost off-peak periods, charging from the grid during off-peak times and discharging when electricity costs are highest
- Maximize financial value of participation in utility load relief programs like demand response
- Provide high power quality without fluctuations in voltage, frequency or short duration outages
- Store off-peak solar generation for use or grid export during higher-cost times
NYSERDA Incentives for Commercial Energy Storage
NYSERDA offers incentives for energy storage systems up to 20,000 kilowatt-hours (kWh). The incentive amount per kWh varies by region and changes over time; please check the retail incentive dashboard for the available rates in your region.
A higher incentive rate is available for onsite (behind-the-meter) energy storage at critical facilities* in a Disadvantaged Community and affordable housing properties.
*Please see the Program Manual [PDF] for the list of eligible critical facilities and affordable housing types.
How It Works
Battery storage projects must meet the following requirements to qualify for incentives:
- Be up to 5 megawatts in size (power capacity rating)
- Be new, permanent, and stationary
- Be installed by a NYSERDA-approved Participating Contractor
- Additional requirements are included in the Program Manual [PDF]
Commercial Energy Storage Case Studies
- GHP Office Realty – Harrison, NY [PDF]
Battery storage in Westchester: Demand charge savings with no upfront costs - Marcus Garvey Apartments - Brooklyn, NY [PDF]
Enhancing resiliency, reducing energy costs, and increasing tenant comfort with energy storage - New Water Street Corporation – Manhattan, NY [PDF]
Reducing peak demand with an ice thermal energy storage system
You Might Also Be Interested In
- Demand Response Programs: Examine programs from the utility or NYISO for a large commercial building, industrial facility or other large energy user to use storage to lower energy bill.
- Types of Energy Storage: Get to know some of the most common energy storage technologies available.
Sign Up For News
Stay up to date on energy-saving programs and incentives, best practices, and more.
Stay Connected