Ice Energy is a thermal
energy storage
Energy storage is the capture of energy produced at one time for use at a later time to reduce imbalances between energy demand and energy production. A device that stores energy is generally called an Accumulator (energy), accumulator or Batte ...
company serving
utility companies
A public utility company (usually just utility) is an organization that maintains the infrastructure for a public service (often also providing a service using that infrastructure). Public utilities are subject to forms of public control and r ...
in the U.S. state of
California
California () is a U.S. state, state in the Western United States that lies on the West Coast of the United States, Pacific Coast. It borders Oregon to the north, Nevada and Arizona to the east, and shares Mexico–United States border, an ...
.
Products
The company's products operate on the customer side of the electricity meter.
The Ice Bear serves small to mid-sized commercial buildings. It freezes water at night when electricity is cheaper and uses that ice for daytime space cooling.
The Ice Cub addresses residential applications.
History
Ice Energy was founded in 2003. The assets of Ice Energy were reformed into Ice Energy Holdings in 2012. In August 2014, Ice Energy revealed a version of the Ice Bear for single-family homes called the Ice Cub. In November, the company won sixteen contracts with
Southern California Edison
Southern California Edison (SCE), the largest subsidiary of Edison International, is the primary electric utility company for much of Southern California. It provides 15 million people with electricity across a service territory of approximate ...
. The contracts totaled 25.6 megawatts.
In December 2019, the company filed for
Chapter 7 bankruptcy
Chapter 7 of Title 11 U.S. Code is the bankruptcy code that governs the process of liquidation under the bankruptcy laws of the United States. This is in contrast to bankruptcy under Chapter 11 and Chapter 13, which govern the process of ''re ...
.
A reinvigorated version of the company began operating a 25.6 mwh energy storage program in southern California in 2020, supporting 100 customer sites. This program provided more than 45 GWh by October 2024. The company claimed that the program had reduced customer bills by 20%.
See also
*
Energy storage
Energy storage is the capture of energy produced at one time for use at a later time to reduce imbalances between energy demand and energy production. A device that stores energy is generally called an Accumulator (energy), accumulator or Batte ...
*
List of energy storage projects
This is a list of energy storage power plants worldwide, other than pumped hydro storage. Many individual energy storage plants augment electrical grids by capturing excess electrical energy during periods of low demand and storing it in other ...
References
External links
* {{Official website, http://www.ice-energy.com
Energy Storage Systemwebsite
Energy storage
Energy companies of the United States
Energy in California
Companies based in Santa Barbara, California
American companies established in 2003
Energy companies established in 2003
2003 establishments in California
Companies that filed for Chapter 7 bankruptcy in 2019
Companies that have filed for Chapter 7 bankruptcy