Green Charge Networks Announces California’s Largest School Energy Storage Project with San Diego’s Grossmont Union High School District
Green Charge Networks, the largest provider of commercial energy storage in the U.S. today announced California’s largest school energy storage project with Grossmont Union High School District in San Diego’s east county region. The 7.4 megawatt hour energy storage deployment will be installed in 14 sites in nine district locations and is expected to save the district more than $6.4 million in reduced utility costs over the life of the project. The Green Charge energy storage system and installation came at no cost to the district through Green Charge’s performance-based Power Efficiency Agreement™ (PEA) shared savings model.
“Electricity charges for the district exceed $4 million annually, and takes resources that could benefit students. Any time we can find a way to cut costs without impacting our students is extraordinary,” Scott Patterson, Deputy Superintendent, Grossmont Union High School District.
“Green Charge was founded on the principle that public and private institutions need additional capabilities to manage their energy costs,” said Vic Shao, CEO at Green Charge. “This partnership positively impacts schools operating budget and allows Grossmont to reduce their monthly electricity bills in the process. Grossmont joins the large number of school districts in California turning to energy storage to save on their energy bills. In California alone, our energy storage will save our school customers more than $31 million.”
Green Charge has the industry’s first purpose-built energy storage product specifically targeting peak demand reduction. The Green Charge energy storage solution is a simple way to save on energy costs for commercial and industrial businesses, municipalities and schools. The solution includes: an intelligent, intuitive cloud-based software that automatically responds to peaks in demand by learning a facility’s energy use patterns while giving customers real-time insight through an intuitive customer portal; lithium-ion battery storage designed to perform in extreme environments, and a no-cost financing option with equipment, installation, warranty, ongoing operations and maintenance included.
Through the PEA Green Charge provides a zero down cost solution and installs, owns, operates, and maintains all equipment. Customers can use the Green Charge energy portal to see their current energy consumption, how the Green Charge system is reducing their peak load, and how much money they are saving currently and over the lifetime of the system.