Eversheds Sutherland Coop Law Blog
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Northeastern REMC Debuts Energy Storage

Northeastern Rural Electric Membership Corporation (Northeastern REMC) has exhibited an energy storage facility which will save customers $35 million over 20 years by purchasing power at night, when rates are lower, to distribute to customers during peak hours.

Northeastern REMC to Utilize Battery Storage System

In December, Northeastern REMC contracted with battery maker FlexGen for a total of 31 MW of lithium iron phosphate batteries to be fully operational by 2023. The 109-megawatt-hour battery energy storage system, one of the largest to be owned and operated by an electric coop, is expected to save coop members $35 million over the next two decades.