Energy Storage for Peak Demand Reduction: A New Incentive Program by Efficiency Maine
Thursday, September 28, 2023 @ 1:00 PM - 2:00 PM ET
Efficiency Maine’s Energy Storage System Program Opportunity Notice offers performance based incentives for the deployment of energy storage systems during summer peak demand conditions. All demand metered customers (commercial, nonprofits, institutions and government) are eligible to participate. Participants with a 5-year contract and qualifying new battery system can receive $200 per kW per year based on average summer peak demand load reduction performance. Maximum annual incentive payments will be up to $600,000.
In this webinar hosted by the Clean Energy States Alliance, speakers from Efficiency Maine reviewed the program incentives, eligibility and application process. They also discussed a new rate available in Central Maine Power (CMP) service territory that when combined with a battery system can reduce a commercial facility’s demand costs without changes to operations.
- Jesse Remillard, Senior Program Manager, Efficiency Maine
- Ryan Collins, Senior Consultant, DNV, Custom Program Delivery Team
- Justin Pizzolato, Project Manager, DNV, Custom Program Delivery Team
- Todd Olinsky-Paul, Senior Project Director, Clean Energy States Alliance (moderator)