Maritime Electric — storage economics

General Service (Demand billed) · Prince Edward Island. High delivered energy prices and import dependence on New Brunswick make demand reduction and resilience the primary storage drivers.

Canadian BESS Snapshot

Last verified: 2026-06-30
Utility
Maritime Electric
Rate class
General Service (Demand billed)
Demand charge
CAD $13.40 per kW-month
Energy charge
CAD $0.1631 per kWh
Peak window
Winter peak, monthly billing demand
Interconnection
Typically 6–12 months
Incentives
efficiencyPEI commercial programs
Effective date
2025-04-01

Example: 1,000 kW peak site

Recommended system
300 kW / 850 kWh
Annual demand charge savings
$35,700
Simple payback
9.7 yr
IRR (10-yr)
0.7%
Published utility tariff schedule (indicative — verify current rate sheet)