Fortune 100 Retailer gains 6x average monthly savings with Stem’s Athena ®
As part of the Electrodes Holdings LLC portfolio, Stem is operating 10 energy storage sites throughout Southern California for one of the world’s largest retailers. Performance across all sites was poor under the original system operator, while six were averaging negative monthly savings. Since Stem’s Athena took control of the portfolio, the average monthly savings have increased by more than 600%, with all 10 sites delivering positive results.
- Location
- Southern California
- Facility Type
- Retail
- Solutions
- Energy Storage, Utility Bill Optimization (UBO), Demand Response (DR)
- Commercial Operation Date
- May – August 2019
- Energy Storage System Size
- 10 sites with total ESS capacity of 18 MWh
- Savings Impact
- 600% savings increase compared to previous operating platform
Challenge
The Fortune 100 retailer’s original system was experiencing negative monthly savings due to poor software performance from a prior provider, lack of utility integration, and the excess length of time to achieve value.
Solution
Stem took seamless control of the 10 sites spread across Southern California and provided a level of partnership and expertise that exceeded expectations. By helping improve the systems’ energy storage capabilities, UBO, and automated DR through our Athena platform, we help connect all 10 sites into a unified view for simplified clean energy management.
Results
Stem improved short-term forecast accuracy with an enhanced balance between UBO and DR that showed improvements on day 1 of the billing cycle. The retailer was able to resolve previous metering issues with expert QA against utility meter data by working with Stem’s experts.