Battling Ontario’s Surging Electricity Costs with Energy Storage Technology
February 27, 2018 at
Even as energy prices have declined steadily in the past decade, Ontario businesses have seen their total electricity costs climb substantially. The culprit is Global Adjustment (GA), a charge imposed by energy providers to cover their costs of providing adequate generating capacity and conservation programs—and which has become the largest line item on most customers’ hydro bills.
Thanks to a recent policy change, large organizations in Ontario can control how much they pay in GA charges every year. However, this requires the ability to monitor activity on the grid constantly and suddenly reduce demand in each facility without bringing operations grinding to a halt.
Join us on Tuesday, February 27th, for a 30-minute webinar explaining how intelligent energy storage can enable Ontario businesses to reduce annual electricity costs without impacting operations at the site level—and with no upfront capital investment required.