The More You Know, The More Thermal Storage AC Makes Sense
by Alex Collins, Co-COO, Ice Energy
It seems too simple. How can the solution to the high cost of running air conditioning be as easy as using ice? But that’s exactly how thermal energy storage works. Our Ice Bear uses tap water to create an icy battery that keeps your home or office cool and comfortable.
Many utilities across the country are switching to new rate structures that charge customers more money for electricity when demand is high. These are called time-of-use rates and customers must either find ways to curb energy use during peak times or find themselves paying much higher bills.
The way to save money with time-of-use rates is by installing intelligent, energy-efficient equipment that can adjust energy use to avoid paying peak rates. Thermal energy storage technology used in our Ice Bears helps customers save money by storing energy in the form of ice when demand is low and energy is cheap. The ice then melts when demand is high to power the air conditioning, saving customers from paying the increased rates.
Air conditioning can account for up to 80 percent of energy costs in homes and 40 percent in commercial and industrial settings. This is why switching to a thermal energy storage air conditioning system can make such a significant impact on electricity bills.
In addition to the cost-saving benefits, there are environmental benefits as well. Thermal energy storage can capture the energy produced by solar panels, which often produce much more power than what is needed. Storing that extra energy in Ice Bears prevents it from going to waste, helps support cleaner energy generation and reduces carbon emissions.
The technology is proven and available now to help prevent power outages from high electricity demand and better use renewable energy resources by storing excess power. Thermal energy storage doesn’t just make sense, it helps protect the environment and keeps your hard earned dollars in your pocket!
Learn more about how thermal energy storage works and how it can save you money: