1. Balance-of-System Costs Falling for Non-Residential Storage

    Balance-of-System Costs Falling for Non-Residential Storage

    Since 2014, non-residential storage system prices have declined by more than 15 percent in the U.S. Commercial and industrial customers with predictable, peaky loads are increasingly turning to storage to help manage demand charges. Grid services are also expected to provide a key value stream by the early 2020s. Over the next five years, system costs will decline further, with all-in costs falling by more than 27 percent by 2024, according to a new Wood Mackenzie report that looks at the pricing landscape for the U.S. non-residential storage segment.

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