Energy Efficiency drives bottom line savings
Simple process, big savings
Thermal energy storage (TES) is the simple process of chilling or freezing water using inexpensive electricity in order to minimize the use of expensive electricity for daytime air conditioning. The inexpensive electricity can come from wind or solar sources or from the electric utility when rates are reduced during off-peak hours, 10 PM to 10 AM, for example.
The savings of shifting
Thermal energy storage helps to shift air conditioning electrical consumption away from the times of highest outdoor temperatures (noon to early evening), peak electricity and air conditioning demand and highest costs for electric utilities.
Ice stores thermal energy storage systems are roughly five times smaller in volume and lighter than chilled water systems. This makes ice thermal energy storage systems capable of being installed on rooftops or tucked away in smaller spaces.
Peak demand reduction
Electric utilities have numerous motivations to control summertime peak electrical demand which determines the number and size of electricity generating plants they must build and operate. Some of those motivations are state and Federal regulations, the costs of building, maintaining and operating power plants and environmental costs. These costs can run into the billions of dollars which means electric utilities are willing to offer significant financial incentives for customers to help them avoid these costs.
How we can help
Momentum Energy will help you determine the most effective thermal energy storage system for your residential, commercial or industrial application. Besides selecting and installing hardware, we will also help you determine what discounted electricity rates, rebates, tax incentives and preferential financing arrangements are available to maximize your total cost saving for a thermal energy system and subsequent energy usage.