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A small California company wants to save your business money on your electricity bill. The concept is simple; electricity costs you different amounts at different points of the day, peak hours cost more and the least expensive hour of the day being 3am. GridPoint Protect is a product inspired by TiVo that works by buying energy when it is at its cheapest and then releasing it during peak times which will save you money. How much money? Product developers estimate that it could save you as much as 15% off your monthly electricity bill. Unfortunately at this time, the product carries a hefty $10,000 price tag but if your business spends $2,500 a month on electricity, the item will pay for itself within four years. A second benefit to this product is that it can act as generator during storms that kicks in with 30 milliseconds saving your network from crashes. It’s also safer since instead of running on gas or diesel, it runs on gel-style batteries, similar to those that back up cell phone towers.

How TiVo Can Cut Your Electricity Bill By 15% (Wired Tech News Hub)