Utility installs large Tesla battery in northern Colorado
Posted: 9:49 AM, Oct 10, 2018
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<p>LOS ANGELES, CA - APRIL 30: The Powerpack system which powered the news conference in seen after Elon Musk, CEO of Tesla unveiled suit of batteries for homes, businesses, and utilities at Tesla Design Studio April 30, 2015 in Hawthorne, California. Musk unveiled the home battery named Powerwall with a selling price of $3500 for 10kWh and $3000 for 7kWh and very large utility pack called Powerpack. (Photo by Kevork Djansezian/Getty Images)</p>
LONGMONT, Colo. (AP) — A utility is hoping a large Tesla battery being installed in northern Colorado will save it up to $1 million annually by storing energy that would otherwise go waste.
The Daily Times-Call reports United Power is expecting to bring the lithium-ion battery being installed east of Longmont onto the grid early next month.
The utility's New Energy Director Jerry Marizza says the battery supplied by the California-based automotive and energy company will have a storage capacity of four megawatts over four hours, enough to power 600 to 700 homes.
Marizza says the battery is expected to save the utility about $80,000 a month by capturing energy generated on the grid overnight and saving it for peak demand hours.
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