Published on April 24th, 2014 | by James Ayre14
Iron Edison Battery Company Releasing New Battery/Inverter Packages To Reduce Electric Bills
April 24th, 2014 by James Ayre
The new solution has been dubbed Peak Load Shaving. Its aim is to help lower energy bills for commercial enterprises that use it.
Utility companies often impose a surcharge on commercial customers based on the peak load used by a facility. The new system bears this in mind and works to “shave” down these peak loads.
The press release from Iron Edison provides more:
When peak load shaving, the Schneider Electric XW inverter uses stored DC battery capacity to reduce the peak load being drawn from the utility grid. The Iron Edison battery discharges rapidly providing the required energy over a short period of time. After the discharge cycle, the battery slowly recharges using a combination of the grid and/or solar panels.
Peak Load Shaving is great for any business that uses air conditioners, electric motors, pumps, compressors, or other equipment with high power needs. Return on Investment (ROI) can be achieved in a very short period, typically one or two years.
“The utilities won’t be happy about this technology,” explains Brandon Williams, CEO of Iron Edison, “but this Peak Load Shaving technology can save your business hundreds or thousands of dollars every month using a relatively simple battery and inverter system.”
“With our 10 Year Battery Warranty, we know that our customers will be saving money for years to come,” he concluded.
A 10-year battery warranty certainly isn’t bad.