The commercial real estate industry is undergoing a significant transformation as building owners and operators seek ways to reduce operating costs and meet sustainability goals. Battery energy storage systems (BESS) are emerging as a key technology in this evolution.
Why Commercial Buildings Need Energy Storage
Commercial buildings typically face high demand charges from utilities during peak hours. These demand charges can account for 30-50% of a building's electricity bill. Energy storage systems allow buildings to store power during off-peak hours and discharge during peak periods, significantly reducing these charges.
The Economics of Battery Storage
With Prime Leasing's flexible leasing options, building owners can access state-of-the-art energy storage without the high upfront capital costs. Our customers typically see a 40-60% reduction in demand charges within the first year of operation.
Looking Ahead
As battery technology continues to improve and costs decline, we expect to see energy storage become standard equipment in commercial buildings. Prime Leasing is committed to making this technology accessible to businesses of all sizes.