District to Save $1.6 Million in Reduced Utility Costs and Control Energy Use
Santa Clara and San Diego, Calif. September 27, 2016 – Green Charge the largest provider of commercial energy storage in the U.S. today announced that San Diego’s Poway Unified School District has installed more than 6.3 MWh of energy storage. The Green Charge energy storage system is now deployed at 12 campuses including elementary, middle and high schools and is expected to save the district more than $1.6 million over the 10 year term of the contract with Green Charge. The Green Charge energy storage system and installation came at no cost to the district through Green Charge’s shared-savings model the Power Efficiency Agreement™ (PEA). Poway serves nearly 36,000 students in San Diego and is the third-largest school district in the County.
“Poway is using energy storage to cut utility costs and control spikes in our energy profile,“ said Chad Koster, Director of Maintenance and Facilities for Poway Unified. “We are excited about this opportunity to partner with Green Charge. Any time we can find a way to reduce our operating costs without impacting our students is extraordinary. Installing this energy storage system will allow Poway Unified to put these savings right back in to our schools.”
“Poway is at the cutting edge of a new way of managing its energy costs,” said Vic Shao, CEO at Green Charge. “Energy storage allows Poway to reduce monthly electricity bills, help enhance the resiliency of the power grid and save money in the process.”
Green Charge provides customers a proven, efficient energy storage platform that combines scalable cloud-based big data analytics software with industry-leading battery storage systems, all with no capital outlay. Through the PEA, Green Charge provides a zero down cost solution and installs, owns and maintains all equipment.
About Green Charge
Green Charge has been designing and deploying commercial energy storage since 2009, with systems installed throughout the United States. Backed by ENGIE, the largest independent power producer in the world, Green Charge’s mission is to use energy storage to power the world efficiently and sustainably. Our team is comprised of top energy storage industry experts, who provide performance-based solutions to optimize the value of energy for our customers. Our ecosystem of solar, EV charging, and energy efficiency partners allows our customers to combine energy storage and renewables easily and economically. Delivering all these capabilities with the least possible risk is the Green Charge Power Efficiency Agreement—a shared-savings model that puts the power of energy storage in customers’ hands with no capital outlay.
Green Charge Networks
Director of Communications
Poway Unified School District