Ice Energy, Riverside Public Utilities Share Award for Boosting Local Economy
Ice Energy’s new Idea Lab and 5 MW energy storage contract with utility are recognized
SANTA BARBARA, Calif. — Ice Energy’s partnership with Riverside (California) Public Utilities (RPU) was honored with a Public-Private Partnership award, recognizing their commitment to job creation and economic growth. The award was given by California’s Inland Empire Economic Partnership (IEEP), the region’s largest economic development organization.
Ice Energy established its Idea Lab, a new research and development center in Riverside, in mid-2015. In January, the lab released a residential version of Ice Energy’s thermal energy storage system. Designed to lessen residential air conditioning load, the system helps utilities reduce peak demand and supports homeowners’ efforts to lower their electric bills and carbon footprints. The center has already created a dozen jobs and will partner with local universities on research projects and training opportunities for recent graduates.