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ENGIE Acquires Majority Stake in Green Charge

Letter From Our CEO

Press Release

Save up to 50% on your demand charges with Energy Storage    Get a Quoteor Call Now 800.426.5010

The Problem

Every month, many commercial electricity users pay 50% or more of their electric bill in demand charges. These demand charges reflect the peak electricity use during a given period. Residential power users only pay for the electricity they consume, which is measured in kilowatt hours (kWh). However, businesses and institutions pay for both the kWh they use and for the highest amount of power they consume at any one time, which is measured in kilowatts (kW).

Demand charges exist because utilities are required to maintain a vast array of expensive equipment on constant standby in order to meet sudden surges of electrical demand from large energy users. This equipment includes multi-million dollar assets such as transformers, wires, and substations. Utilities pass on the cost of this equipment to businesses and institutions in the form of demand charges.

The Solution

The GreenStation reduces demand charges through counteracting the peaks and valleys of a building’s variable energy use by discharging from and charging up its batteries at key moments. This flattens the spikes in power usage, which reduces your demand charges by up to 50%. This is an easy way to save on your electric bill without turning off any equipment or changing building occupant behavior.

We offer the GreenStation under a no-cost, shared savings financing model called a Power Efficiency Agreement (PEA). Installation and maintenance is free and we share the savings on your energy bill from the demand charge reduction.

You pay nothing, take on no risk, and we share the savings.

How It Works

Proven in the Field

Founded in 2009, Green Charge provides financed intelligent energy storage solutions for companies, institutions, and cities across the United States. Its clients include Fortune 500 companies like Walgreens and UPS.

“How cool is this! They install it, they pay for it, and over 10 years we split the savings. How could you possibly say no to that?”

– Mayor R. Rex Parris of Lancaster, California

“Our team is excited to implement the GreenStation as one of the many ways we conserve resources. Working with Green Charge Networks reduces our carbon emissions and makes clean energy more accessible to our community.”

– Terence Kyaw, Redwood City Assistant Public Works Director

Get a Quoteor Call Now 800.GCN.5010