Solar is showing up on roof tops all over the world as installed system costs decrease and energy service companies introduce innovative financing options. Energy storage is critical to integration of distributed solar photovoltaics, reducing impact on the electricity grid and maximizing value to both the utility and homeowner. Eos’ novel Znyth™ battery technology provides residential electricity consumers with a dual economic and reliability value proposition:
Energy Management: By storing inexpensive electricity produced at night and displacing consumption during peak hours of the day, homeowners can reduce their demand charges and gain significant savings on their electricity bill. Energy storage may even qualify for additional incentives offered by utilities for reducing demand in response to conditions on the electricity grid.
Back-Up Power: Energy storage can provide limited duration back-up power to help electricity customers ride through temporary outages. When combined with solar or other forms of distributed generation, energy storage can enable self-sufficient microgrids that can power homes or neighborhoods for days or even weeks. Think of it as a back-up generator with no emissions that saves you money every day.