Convergent

Convergent Energy + Power Completes Energy Storage Project in Bolton, ON

Convergent Energy + Power has announced that it has finished construction on a first-of-its-kind energy storage system. The project is designed to reduce Global Adjustment demand charges, which account for up to 70% of electricity bills for some customers in Ontario. The project is anticipated to reduce electricity cost on the load it addresses by 15-30% per year starting in 2018.