Saint John Energy has purchased and installed a 1.25-megawatt Tesla Megapack Battery to store power, cut greenhouse gas (GHG) emissions, and hopefully save the utility company more than $15,000 per month.
The battery pack was purchased as part of the federally-funded Smart Energy Project for Saint John Energy. The overall cost of the project, including engineering, construction, and the purchase of associated materials is estimated at $1.5 million, according to a report from Huddle.
That initial investment could be paid off in less than 8 years, as it is expected the battery pack will save the utility company up to $200,000 per year.
The intent of the batter pack is to supplement the power grid during peak times, typically around 9am and 6pm each day. That’s when many families are either getting ready for work or school, or when they are getting dinner ready for the family.
According to Andrew Ahearn, the manager of engineering for Saint John Energy, the pack could power more than 100 homes for up to two hours if necessary.
Saint John Energy says if the project proves successful and they are able to save money and reduce their carbon footprint at the same time, there is a strong possibility they will buy more packs in the future.
Images courtesy Saint John Energy/Facebook