Ice Energy was founded in 2003 with the vision that thermal energy storage could transform inefficient and polluting air conditioners, which are a burden on the grid, into efficient and clean cooling systems that are an asset for the grid. In 2005, Ice Energy launched Ice Bear, an award-winning ice battery. Since then, Ice Bear has been providing utilities cost-effective and reliable energy storage, lowering electric bills for businesses and homeowners, and reducing CO2 emissions.
Our leadership team has more than a century of combined energy and utility sector experience. Meet Ice Energy’s passionate and dedicated energy professionals.
Ice Energy is privately held by its management team and by an investment group led by PAC Partners. Contact us to find out about investment opportunities.
Ice Energy partners with leading energy, financial and technology companies to deliver the highest value energy storage solutions to utilities and their customers.
Ice storage is a clean, reliable and least-cost distributed energy storage solution for the grid. Since 2005, Ice Bears have been installed in more than 40 utility services, transforming inefficient and polluting air conditioners into efficient and clean cooling systems. With a reliability record in excess of 98%, they benefit both utilities and their customers. Ice batteries improve the efficiency and resiliency of the grid, lower cooling bills and reduce carbon emissions.
Ice Bear charges by making ice during off-peak hours and discharges by using the stored ice to cool buildings during peak hours. Our smart ice battery reduces peak cooling electricity by 95% for up to 6 hours a day, every day.
Ice Bear charges by making ice during off-peak hours when rates are low. When demand peaks and rates go up, your ice battery turns off the AC compressor and uses the stored ice to provide cooling instead. A smart-grid controller allows you to monitor your energy use and to control the performance of your system. The results speak for themselves: a 95% reduction of your peak cooling electricity use and immediate savings!
| Company Details | |
|---|---|
| Company Name | Ice Energy |
| Business Category | Renewable Energy |
| Address | 3 E. De La Guerra St Santa Barbara California United States ZIP: 93101 |
| President | NA |
| Year Established | 2003 |
| Employees | 50 |
| Memberships | NA |
| Hours of Operation | NA |
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