Applications
See the menu at left for discussions of individual storage applications.
Time-of-Use Energy Cost Reduction
This is much like arbitrage, but it is on the user side of the meter. Customers that pay “time-of-use” energy prices may find that storage can reduce their overall cost for electric energy. Customers increase the amount of stored electricity during off-peak time periods when their electric energy price is low, then discharge the energy during times when on-peak (time-of-use) energy prices apply.
Updated May 2009