With extreme weather events and other threats to energy security becoming more frequent, more homeowners are looking to purchase energy storage systems to provide them peace of mind in an outage. In addition to providing backup power, energy storage systems can also provide homeowners with cost savings benefits and serve as a tool to manage utility costs through demand-response programs. Learn more about the different types of cost-savings programs ESS owners can enroll in below:

• Distributed Energy Resources (DER): Distributed Energy Resources refer to small, modular, energy generation and storage technologies such as energy storage systems that provide electric capacity or energy where needed. DER systems may either be connected to the local electric power grid or isolated from the grid in stand-alone applications.
  Users of DERs may be able to enroll in demand-response and energy efficiency programs that allow them to manage their electricity use during periods of higher power prices. Demand response and energy efficiency programs can reduce users' electricity consumption when prices are high or the reliability of the grid is threatened. Users can receive payments for the reductions they make.
• Distributed Energy Management Systems (DERMS): Distributed Energy Management Systems refer to software used by utility companies to manage distributed energy resources (DER)—such as solar panels or energy storage systems. DERMS are used to control and optimize the energy distribution of DERs to enable better management of the energy grid and increased efficiency and reliability for homeowners and businesses.
• Net Energy Metering: Net energy metering allows customers who generate electricity from a solar power system to sell the energy they aren’t using back to the grid. This can help homeowners reduce their electricity bills.
• Time-of-Use (TOU): Time-of-use metering is a method of measuring and charging a utility customer's energy consumption based on when the energy is used. Utility companies charge more during the time of day when electricity use is higher. TOU rates vary by region and utility.

If you have any requirements or any kind of query regarding the Energy storage solutions for your desired applications, feel free to communicate with our dedicated team at any time at marketing@everexceed.com.