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Stash Energy-Summerside Energy Storage Pilot Project
To address one aspect of peak demand drivers, Summerside and Stash Energy have partnered in a pilot unique system: Heat pump storage technology. The Stash Energy Storage system works with conventional heat pumps to thermally store off-peak energy for use during peak times, thus avoiding purchasing additional expensive power. The thermal energy is stored within environmentally friendly materials, using affordable technology.
Similar to the City’s Heat for Less Program, this pilot project looks to test common appliances and heat pump systems within a municipality for innovative ways to lessen the impact on the Utility. This evolving technology could reduce the cost of home heating and cooling by an additional 30% over heat pumps alone as well as leverage Summerside’s investment in smart grid technology to manage two-way energy consumption and usage and maximize renewable energy sources.