GridPoint Plans 2 GW Battery Storage for Commercial Sites
The energy management company aims to add on-site storage across more than 20,000 U.S. commercial buildings it already serves.
Updated on Nov. 5, 2026 in Commercial
GridPoint, whose platform controls HVAC, refrigeration and lighting for chains including Walgreens, Panda Express and Wendy's, plans to add optional on-site battery storage targeting 2 GW across its customer sites. The company has not named a battery supplier, financing partner or date for first installations.
Why it matters
Commercial electricity rates at GridPoint sites rose 42% over five years, and batteries can reduce peak demand and store lower-cost energy for use when power is more expensive. Storage also lets buildings participate in utility and capacity programs.
U.S. commercial customers paid an average 13.37 cents per kWh in 2025, up from 10.59 cents in 2020, according to EIA data. GridPoint's current controls typically save customers 20% on bills, and batteries could add up to 15% more at qualifying sites, though the company has not given a storage capacity in MWh or a start date.
The players
GridPoint
GridPoint is an energy management technology company whose platform controls building systems to reduce electricity consumption and costs.
Adrian De Luca
Adrian De Luca co-founded GridPoint in 2003 and previously invested in energy and grid technology businesses at I Squared Capital before returning as chief executive.
The details
GridPoint says storage would sit on top of its existing HVAC, refrigeration and lighting controls and would be offered only where site economics support it. The 2 GW goal spans more than 20,000 U.S. commercial buildings already running its platform.
Timeline
2003: GridPoint is co-founded by Adrian De Luca and Peter Corsell.
2020: The U.S. average commercial electricity rate is 10.59 cents per kWh.
2025: The U.S. average commercial electricity rate reaches 13.37 cents per kWh.
Nov. 4, 2026: GridPoint announces the 2 GW battery storage plan and De Luca's return as chief executive.
Market Landscape
Commercial electricity prices have climbed from 10.59 cents per kWh in 2020 to 13.37 cents in 2025, according to EIA data, pushing building operators toward on-site storage and demand management. GridPoint's move places it in the growing market of commercial energy management platforms competing to reduce peak-period costs.
Business owners running commercial sites may see rising electricity bills offset in part by GridPoint's controls, which typically save 20%, if the storage option becomes available. Storage would be added only where site economics support it, so eligibility will depend on each property.
The takeaway
Commercial operators facing a 42% rise in electricity rates should track whether batteries can lower peak-period charges at their own sites. Storage economics will hinge on local utility and capacity programs rather than on the battery alone.
Further reading
Explore more Commercial real estate coverage for context on how energy costs affect building operators.
Source note: This article includes information reported by List.
