Commercial Solar Energy Storage in Los Angeles

Importance of Commercial Solar Energy Storage in Today’s Business Landscape

Organizations around the world are trying to reduce their carbon footprints and become more energy efficient. Solar energy storage systems offer a great way for businesses to achieve both goals. Solar energy storage allows companies to store excess solar electricity during periods of peak production, and then use it during periods of high demand or power outages.

It also helps organizations reduce their electricity costs and enable them to manage their energy source more effectively. This can be achieved by using battery-based solutions, such as those provided by leading providers like Tesla Powerwall and SolarEdge, which provide cost-effective, reliable storage solutions for commercial-scale implementation.

Types of Solar Energy Storage Systems

Battery-Based Solar Energy Storage Systems

These systems use batteries to store solar energy and can either be stand-alone or grid-tied. A stand-alone system operates completely off the grid, so it is only able to operate when the sun is up and store excess power for later usage. Grid-tied systems also store solar energy in batteries but can also supply electricity directly from the grid if needed, making it a more reliable option than a stand-alone system.

Thermal Solar Energy Storage Systems

Thermal Solar Energy Storage (TSES) systems use heat from sunrays that is absorbed by fluids which then turn into steam, used to run a generator or other mechanical equipment such as turbines or air conditioners. These systems are less cost-effective than battery-based options but have higher efficiency rates, remaining operational even when clouds obstruct sunlight.

Molten Salt Storage Systems

Molten Salt storage systems involve using large tanks of molten salt to collect heat generated by concentrated solar thermal plants. The stored heat can then be used to drive turbines at night when necessary, turning them into reliable sources of electricity even with just a few days worth of charge being stored. This type of system provides both short-term and long-term relief from peak demand grids, which can improve overall cost-effectiveness for utility companies managing peak demand load throughout their net coverage area.

Flywheel Energy Storage Systems

Flywheel Energy Storage (FES) systems work by rotating large masses inside sealed containers known as flywheels that create kinetic energy which can then be converted into electrical power during times of peak demand or when necessary during blackouts or outages.

Flywheels are extremely efficient with no moving parts except for the rotation mechanism itself, making them ideal in situations where space may not be available for alternate powering solutions such as diesel generators or backup batteries.

However, they tend to lose momentum quickly, so they must be recharged more frequently than battery storage systems as well as being less cost-effective depending on application scale and requirements versus overall benefits gained from implementation & frequent recharging cycles needed within predefined parameters matching successful utility network planning outcomes desired & manage.

Benefits of Commercial Solar Energy Storage Systems

Reduce Operating Costs

Thanks to advancements in solar cell technology and the government’s commitment to renewable energy initiatives, investing in a commercial solar energy storage system can be an incredibly cost-effective solution. Many companies have found that such systems bring down their overall monthly operating costs while generating clean electricity.

Tax Incentives

The US government offers businesses numerous tax incentives for making investments in green energy solutions such as installing photovoltaic panels or commercial-scale battery systems. The federal Investment Tax Credit (ITC) offers 26 percent off installation costs through 2021, which is an enormous financial benefit compared to other forms of alternative energy.

Offset Electricity Use During Peak Hours

Depending on your business’s local utility rate structure and the size of your installation, you could end up saving thousands by offsetting peak electricity rates with stored solar power from your system. This strategy usually works best if used in combination with smart grid technologies like Demand Response Programs or Net Metering that further help stabilize costs during daytime hours when traditional grid prices often skyrocket due to high demand for electricity.

Ensure Power Reliability

When it comes to keeping critical operations running at all times, no one wants to worry about outages that can prevent work from getting done or impact customer satisfaction levels. With a commercial solar system installed on the premises backed up by proper battery storage bank(s), you can enjoy peace of mind knowing that electricity will remain consistent whatever mother nature throws at you!

Factors to Consider When Choosing a Solar Energy Storage System

Capacity

The capacity of a solar energy storage system is one important factor to consider. This refers to the maximum amount of power that a battery can store. Different batteries have different capacities, so choose one with a capacity that meets your needs. The higher the capacity of the battery, the more expensive it is likely to be.

Power

Buying a solar energy storage system with enough power output for your needs is essential if you want an efficient and reliable system. The power rating of a battery refers to how much current it can supply over time; this will vary depending on the size and type of battery you buy. Make sure you buy one with enough power rating to provide all of your energy needs.

Efficiency

When evaluating solar energy storage systems, look closely at their efficiency ratings. Heat loss during charging and discharging can reduce battery efficiency; in turn, this will decrease its overall performance as well as its lifespan. Check the advertised efficiency rate before making any purchase decisions in order to get the best value for money out of your chosen unit.

Cycle Life

A cycle life rating indicates how many times the battery can be charged and discharged before it starts losing its ability to hold charge effectively. Most batteries lose about 4-6% efficiency each year, so selecting one with good cycle life characteristics is wise if you want long-term savings on replacement costs.

Cost

Solar energy storage systems come at varying prices depending on their features and capacities, among other factors. Your budget is going to determine which model you choose from those available on the market, so be sure you compare several options based on quality review scores first before settling on a particular option within your price range.

How Do I Determine the Right Size of Commercial Solar Energy Storage System for My Business?

When determining the right size of a commercial solar energy storage system for your business, it’s important to consider factors such as the solar capacity requirements for your building, the geographic location of your business, and any energy-saving goals you have.

Additionally, an experienced solar contractor can help evaluate your unique needs and provide advice tailored to helping you achieve the most cost-effective solution that satisfies your goals. With careful analysis and professional installation, a commercial solar energy storage system can be utilized to its maximum potential.

What Incentives and Rebates Are Available for Commercial Solar Energy Storage Projects?

• Take Advantage of Renewable Energy Investment Tax Credits

The Federal government has made investments in clean renewable energy easier with renewable energy investment tax credits (ITC). The ITC provides a tax credit of 30% for homeowners and businesses who invest in solar and other forms of renewable energy. This incentive applies to both residential and commercial projects, provided that the system is up and running by December 31, 2022.

• State and Local Rebates

Many states offer attractive rebates for residential or commercial solar-electric systems installed on or after January 1, 2021. Each state is different; however, some may offer rebates worth up to 20% of the eligible costs associated with a solar-electric system. Be sure to check with your local state government to find out specific details about any incentives or rebates that may be available in your area.

• Utility Companies Offer Solar Incentives

Some utility companies have started offering their own incentives for solar-powered customers. For example, many public utilities are now allowing customers to return excess power generated from their own PV systems back into the grid at discounted rates – a process known as net metering. Additionally, some utility companies provide monetary incentives for opting into their green energy programs which may result in savings on your monthly electric bills if you choose to invest in cleaner generating technologies like solar-powered batteries or electric vehicles.

• Banks Offer Low-Interest Loans For Solar Projects

In order to make investments in renewable energy more affordable, many banks are now offering low-interest loans specifically tailored toward funding commercial solar installations.

These loans generally come with terms ranging from 5 to 15 years, so businesses can spread out the payments over time – making it easier for them to manage their initial capital expenditure required for installation costs upfront.

Additionally, these loan packages often include additional incentives such as no application fees or additional banking services like deposit accounts that may be used as collateral against the loan itself if needed.

Why Los Angeles Solar?

Going solar in Los Angeles can have many benefits, one of which is the financial savings you can obtain. Installing solar panels on your business can reduce your electric bill by up to 40% as well as provide you with tax incentives that could save you thousands of dollars in the long run.

Additionally, when you go solar with Los Angeles Solar, you get all these benefits along with top-notch customer service and experienced professionals who are dedicated to providing you with the best possible experience. With their years of expertise and commitment to excellent customer service, Los Angeles Solar is the premier choice for anyone looking to go solar in LA.

Get in touch with us today to learn more about how you can get started on your commercial solar energy storage system.