What is Sharp's SmartStorage® energy storage system?
Sharp's SmartStorage® energy storage system is a unique energy
storage solution designed to reduce expensive peak demand charges
for commercial and industrial buildings. Backed by Sharp's history
of more than 100 years of product innovation and excellence,
Sharp's confidence in its product is reflected in its innovative,
industry-first 10-year performance guarantee and 10-year
operations and maintenance service, both provided with Sharp's
SmartStorage® Asset Management Service Agreement, an option
available for all SmartStorage® system installations.
The SmartStorage® energy storage system combines Sharp's
intelligent energy management system with cutting-edge hardware,
operating seamlessly as a stand-alone solution or when deployed
along with a solar electric system. The system employs
sophisticated, predictive controls to manage the release of this
energy, resulting in high performance, high system efficiency and
SmartStorage® energy storage systems are available with an
optional 10-year Asset Management Service Agreement providing full
system maintenance coupled with a performance guarantee. If
guaranteed performance is not met, Sharp will compensate for the
deficit in promised peak demand reductions.
What is Sharp's Asset Management Agreement Service?
The SmartStorage® energy storage system is available with an
optional 10-year Asset Management Service Agreement, which
enhances its state-of-the-art intelligent software to provide
continuous whole-system remote monitoring, performance tuning and
maintenance. With Sharp's Asset Management Service Agreement, the
SmartStorage® system stays current through automated in-field
updates and post-deployment feature additions, all of which allow
the system to adapt to a customer's evolving needs. The
SmartStorage® system is both predictive and proactive and in most
cases Sharp's Asset Management Service will resolve a system issue
through Sharp's Network Operations Center before its customer is
even aware of any issue.
What are demand charges?
A commercial utility bill is made up of both energy charges and
demand charges. Energy charges are the rate a customer pays based
on the amount of kilowatt hours of energy consumed. Demand charges
are the rate a customer pays based on the highest amount of power
a customer uses during the month (the demand charge is the highest
average kW measured in a utility-specified interval, typically
15-minutes, during the billing period). Any sudden increase in
power usage can result in a spike in a customer's power usage and
increase in their overall energy bill, even if the spike is
relatively short in duration. Spikes in power usage can be
difficult to predict, making it frustrating and difficult for most
commercial/industrial customers to understand what drives their
peak demand usage.
Can I get the SmartStorage® system without a solar PV system?
Yes, the SmartStorage® energy storage system can be deployed with
or without a solar system. The SmartStorage® energy storage
solution can also be deployed on sites with an existing solar
What are the benefits of deploying a SmartStorage® system with a solar PV system?
The SmartStorage® system can firm demand reductions, improving
overall solar performance. Likewise, the SmartStorage® system
can perform better with integrated solar assets because these
solar assets may favorably narrow the site's load peak.
The SmartStorage® system can also make solar installations economically viable where they otherwise would not be.
For example, in cases where a site has insufficient space to deploy enough solar PV capacity to benefit from favorable
solar utility rates, a smaller PV system co-deployed with a SmartStorage® system can have a favorable ROI under
standard utility tariffs.
Finally, by integrating solar with the SmartStorage® solution, building owners and operators may also be able to benefit
from a combination of solar tax credits and incentives, in addition to applicable storage incentives.