7.4 Megawatt Hours of Energy Storage Installed in 14 Sites Saving District $6.4M in Reduced Utility Costs

Santa Clara, Calif. March 1, 2016 – Green Charge Networks, the largest provider of commercial energy storage in the US, 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 at 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 take 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: intelligent 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.

About Green Charge Energy Storage
Green Charge provides customers with a proven, efficient energy storage solution that combines scalable cloud-based big data analytics software with industry-leading battery storage systems, all with no capital outlay. The five components of the solution are: 1. GridSynergy Platform – Intelligent, intuitive software that automatically respond to manage peaks in demand by learning a facility’s energy use patterns. 2. GridSynergy Storage – Lithium-ion energy storage designed to perform in extreme climates. 3. Power Efficiency Agreement – A no-cost shared savings model with equipment, installation, warranty, ongoing operations and maintenance all included. 4. Green Charge Network Operations Center – Systems operations providing live performance monitoring to ensure system safety and optimal savings 5. Green Charge Professional Services – Our experienced team that provides technical site and circuit analyses, system optimization and sizing analytics, turnkey system installation, and annual system maintenance.

About Green Charge Networks
Green Charge provides the easiest way to save energy costs for commercial and industrial businesses, municipalities and schools. Our award-winning solution delivers industry leading savings, up to 50 percent in demand charges.  We provide risk-free financed energy storage and software that time-shifts power use, and optimizes electric vehicle charging, solar and energy efficiency measures. Founded in 2009 Green Charge is headquartered in Santa Clara, Calif., with offices in NYC and San Diego. Please visit www.greencharge.net for more information.

About Grossmont Union High School District
The District covers a 465-square-mile area in eastern San Diego County including: the cities of El Cajon, Santee and Lemon Grove , City of La Mesa and a small portion of City of San Diego  Adjacent unincorporated communities of Alpine, Dulzura, Jamul, Lakeside, and Spring Valley  The District was established in 1920 and currently operates nine comprehensive high schools, two charter high schools, one continuation high school, two alternative education sites, three special education facilities, a middle college high school program, a Career Technical Education Program, and an adult education program and a student population of approximately 16,130 students in 2015-16.

Media Contacts:

Anne Smith
Green Charge Networks