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SimpliPhi Has the Recipe for Lowering Energy Costs

A report published in October 2017 by a team from the School of Global Policy and Strategy at the University of California San Diego found that fast food restaurants realize the highest internal rate of return on an energy storage investment. Though the study focused on fast food and on restaurant operations in Florida, the findings provide important insight for all restaurant and foodservice business owners about the economic business case for storage.

Restaurant FAQs:

Restaurants incur significant peak demand charges due to predictable and intense periods of energy use during the breakfast, lunch and dinner hours. This usage pattern and its predictability creates a robust opportunity to leverage energy storage to offset that peak demand, which often accounts for as much as 50% of a restaurant's utility bill. With SimpliPhi energy storage and management solutions, restaurants can store energy when it’s least expensive and access that reserve during peak times of use, reducing demand charges.
When purchasing energy storage, foodservice operations need a solution that does not pose a danger of food contamination, fire or other risks to their property or their patrons. Because SimpliPhi batteries do not contain hazardous cobalt, they are the perfect choice for restaurant environments. Our lithium ferrous phosphate (LFP) lithium ion chemistry is environmentally benign, non-toxic and does not pose a danger of thermal runaway.