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Moment Energy provides a clean, affordable, and reliable battery energy storage system (BESS) by repurposing retired electric vehicle batteries.
Discover how your business can leverage BC Hydro’s Energy Storage Incentive program and other financial strategies to fund your next battery energy storage system.
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As businesses in British Columbia seek to electrify operations, reduce peak demand charges, and increase energy reliability, battery energy storage systems (BESS) are emerging as an increasingly strategic solution. While securing a BESS solution often represents a high capital expenditure, local and federal incentives are now available to significantly offset this cost.
This whitepaper breaks down how businesses can leverage BC Hydro's Energy Storage Incentive (ESI) program, federal tax credits, and other financial strategies developed by Moment Energy to cover over 90% BESS ownership costs. With these tools, integrating a BESS is now within reach for more businesses in B.C. than ever before.
The BC Hydro Energy Storage Incentive (ESI) program played a crucial role in enabling this project to implement a Moment Energy battery energy storage system (BESS). By financing 80% of the project cost, the ESI program facilitated the customer’s ability to adopt energy storage technology and reduce their energy costs.
Limited Transformer Capacity
The site's current power capacity is 1250 kW, with plans to upgrade to 1750 kW. However, the remaining 56 kW (56 kVA) capacity is a major obstacle to electrification. Upgrading transformer capacity can take multiple years, adding further delays to meeting the site's power needs.
Peak Demand for Electricity
To participate in BC Hydro's Energy Storage Incentive (ESI) Program, the customer needed a BESS capable of shifting or shedding loads to reduce constraints on the grid during winter months.
Moment Energy’s Luna BESS provides clean, affordable, and reliable power.
750 kVA BESS
Moment Energy recommended a 750 kVA BESS, with 400 kVA nominated for the BC Hydro ESI program and the rest for the customer's operations.
Energy Management System
The Luna BESS was integrated with an EMS to support the facility's two MVA transformer and manage participation in demand response events.
Remote Support & Maintainance
Moment Energy will provide ten years of remote support and maintenance for the Luna BESS, ensuring its optimal performance and reliability.
The BC Hydro Energy Storage Incentive (ESI) program played a crucial role in enabling this project to implement a Moment Energy battery energy storage system (BESS). By financing 80% of the project cost, the ESI program facilitated the customer’s ability to adopt energy storage technology and reduce their energy costs.
Project Cost Funded by BC Hydro
Participation in the BC Hydro ESI Program resulted in significant cost reduction for the project. The customer received financial incentives for nominating capacity to reduce loads from the BC Hydro grid during the winter months.
Additional Power
The Luna BESS deployment provided an additional 750 kVA of available power, addressing the transformer capacity constraint and facilitating future electrification efforts at the facility.
Secure Over 90% Project Financing
Leverage BC Hydro's ESI program, the federal Clean Technology Investment Tax Credit, and other strategies to neutralize the majority of project costs in year one.
CapEx to OpEx Transformation
Moment Energy’s financing model converts the large upfront investment of a BESS into a predictable, low-interest operational fee.
Full Turnkey & Risk-Managed
Moment Energy provides a complete turnkey solution, managing the design, build, installation, and 10 years of operations and maintenance, minimizing project risk and complexity for you.
