Aug. 26, 2013: Ice Energy Supplies Thermal Energy Storage for Calif. Grid
Southern California Edison Program Cuts Peak A/C Demand
GLENDALE, Calif. — Ice Energy has announced full deployment of a regional energy storage program contributing capacity toward Southern California Edison’s state mandated 50 MW of energy storage. The company said 33 Ice Bear thermal energy storage systems, the first of which came online in November 2012, are in place helping meet summer peak a/c demand with efficient, clean capacity at nine commercial and industrial customer sites.
Together, Ice Energy program participants have received more than $627,000 in total rebates through HVAC Optimization Energy Efficiency Program rebates sponsored by Southern California Edison. The average investment per customer was $139,965 and the average total rebate per customer was $69,670. Program participants bought the units directly from Ice Energy.