If you work with photovoltaic installations in the commercial and industrial (C&I) sector, you've probably already heard of LCoE (Levelized Cost of Energy). But when we incorporate indutrial storage, another key indicator comes into play: LCoS (Levelized Cost of Storage).
๐ Why is it important?
LCoS measures the actual cost of energy storage over the lifetime of the system. It is key to determining the economic viability of batteries in solar C&I projects, as it takes into account:
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Investment and operating costs
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Battery life cycles
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Charging and discharging efficiency
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Maintenance costs
๐ก Optimizing LCoS means reducing the price per kWh stored, which makes storage more cost-effective and accelerates ROI for companies looking to maximize their self-consumption and reduce their dependence on the grid.
If you are designing a system with batteries, be sure to analyze LCoS along with LCoE to make more strategic decisions and offer more competitive solutions.
๐ Have questions about how to improve LCoS in your facility? Let's talk.

