The study provides information about energy storage applications and services, electric vehicle options and trends, including electric vehicle charging and EV fleet opportunities. The team researched initiatives taken by other utilities, reviewing relevant legislative policy, grid impact of the applications, applicable codes and standards, incentives and tariffs – all considerations to help establish strategic direction for Fayetteville PWC.
The study also found that energy storage ownership benefits not only Fayetteville PWC, but also customers when rates are designed to reflect the hourly and seasonal variability of the cost of electric service. Pricing that reflects actual cost variability encourages customers to efficiently time their electricity use.
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