Massachusetts Grants Help Get Energy Storage Projects off the Ground

A year after Massachusetts awarded $20 million in energy storage grants, the first project is online and showing promise to help shave peak demand, save customers money, and pave the way for more solar power. Municipal utility Braintree Electric Light Department (BELD) paid for most of the $2.6 million battery installation using its reserve funds and some of its business customers invested additional money in exchange for lower demand charges.