Are you looking for ways to reduce your site’s electricity costs in PJM? If so, consider energy storage. In a recent webinar, our experts discussed Stem’s new behind-the-meter offerings optimized for the PJM energy market; including newly available states, utilities, and incentives in PJM that have the greatest storage project returns.
Watch the Webinar On-Demand here.
The webinar also covered the different types of building load profiles and industries that are the best fit for standalone storage as well as solar + storage and EV charging. Businesses in the commercial, industrial, and institutional sectors can benefit from energy storage solutions, particularly those with high energy usage during peak demand periods.
Stem’s PJM offering includes a range of software, hardware, and services to help customers optimize their energy usage and reduce their costs. One of the unique challenges of the PJM market is coincident peak charges, which occur when multiple customers reach their maximum usage simultaneously. Stem’s Athena® platform can help mitigate these charges by predicting and managing energy usage to avoid coincident peaks, which can result in significant savings on electricity costs.
Stem’s energy storage solutions can also co-optimize across multiple clean energy assets, including transmission and capacity coincident peak reduction, solar charging, utility bill optimization, wholesale market revenues, resilience, and sustainability goals. This means that customers can not only save on electricity costs but also contribute to a cleaner, more reliable grid.
If you have sites within the PJM territory, click here to learn more about Stem’s energy storage solutions in PJM.
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