How V2G Can Support the Grid & Pay Back EV Owners
Electric vehicle batteries are valuable resources that hold electricity that can be used not only to run the vehicle but give back energy to the electrical grid, reduce electric bills and power buildings or homes.
How V2G Can Support the Grid and Help Pay Back Electric Vehicle Owners
September 2, 2019 — Lynn Walford, Auto Futures
This is an excerpt from an article published by Auto Futures
Electric vehicle batteries are valuable resources that hold electricity that can be used not only to run the vehicle but give back energy to the electrical grid, reduce electric bills and power buildings or homes.
“To have V2G, you need three things, a V2G-enabled vehicle, a bidirectional charger and software to enable inter-operability between vehicle, charger and grid or building,” says David Slutzky, president and CEO Fermata Energy, a vehicle-to-grid systems company that works with energy companies and automakers.
The electricity from the vehicle can be used to offset the demand surcharge on a building. For example, a Fermata customer using a bi-directional charger saved $187.50 in fifteen minutes by drawing energy from a Nissan LEAF to avoid costly demand charges. Depending on the location, utility and charger, V2G could translate into $9,000 in savings per year for a commercial business says, Slutzky.
Read the full article on Auto Futures.
ABOUT FERMATA ENERGY
Fermata Energy’s proprietary vehicle-to-everything (V2X) software and bidirectional hardware technology turns EVs into energy-storage assets, and makes it possible for EVs to combat climate change, increase energy resilience, and reduce energy costs. For more information, visit www.fermataenergy.com, and follow us on Twitter (@FermataEnergy), LinkedIn, and Facebook.
