QUESTION
What are the costs of battery energy storage systems for residential and commercial buildings, and how does the price change with storage capacity?
0:52:38
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40 sec
The cost of battery energy storage systems ranges from $50,000 to $100,000 for residential installations, and higher for commercial buildings.
- The deputy commissioner notes the cost for residential battery storage systems as roughly double, with a range from $50,000 to $100,000.
- Commercial battery storage installations are expected to exceed the residential cost range.
- The council member requests detailed cost information to be sent for follow up.
Sandy Nurse
0:52:38
I have just one more question related to the cost of that.
0:52:41
How does the price change as storage capacity increases?
0:52:45
What is the typical cost of a battery a battery energy storage system that might be installed behind the meter of a residential or commercial building.
Sanna Barakat
0:52:56
The the cost for residential, I think, is doubled.
0:52:58
If I remember correctly, then, you know, the I I I I wanna say 50k to 100k, I remember correctly.
0:53:11
And for commercial, it could be even more than that.
Sandy Nurse
0:53:14
Okay.
0:53:16
If you could send that with We we would follow-up.