Northern California County Battery Energy Storage System
TerraVerde recently celebrated the completion of a solar and battery project that they developed on behalf of a Northern California County that is projected to yield $2.3 million in savings over the 25-year term of the Power Purchase Agreement. Battery Energy Storage Systems are a powerful resource for generating financial benefits through cost savings by reducing demand and shifting load to less expensive hours, which generate revenue via participating. A 25 year term will deliver 2.3 million in value to the County. Additionally, these systems were deployed on site with no capital cost to county through the use of third-party financing. The project is expected to generate 4.5 millions in terms of bill savings in the next 25 years.