Store Your Own Juice

sfeinstein writes "Power companies using dynamic pricing models to charge more for electricity during hours of peak usage is nothing new. Now, however, one company has decided to take advantage of this by using technology to buy (and store) capacity when rates are low and use that capacity when rates are at their highest." From the article: "The device, called GridPoint Protect, is the size of a small file cabinet and connects to the circuitbreaker panel. (The company also offers a lower-capacity version designed for homes, which costs $10,000.) A built-in computer powered by a Pentium chip will make intelligent purchase decisions, buying when prices are low, then storing the electricity for later use. That will make it possible to run your company during the workday with cheaper electricity that you purchased at 3 A.M."

Comments

Re:Storing juice?

[HeavensBlade23]

I just put the tissues back in the box.

Savings?

[David Hume]

Corsell, 28, estimates that his device will shave a business's electric bill by about 15%. Assuming monthly charges of $2,500, the system would pay for itself in less than four years.

What makes me think the warranty on the device is three years? :)

Being tired...

[Omicron32]

and possessing a dirty mind isn't the best thing to have when reading a title like "Store your own juice."