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Glendale approves transfer of ICE Energy thermal storage units and $4,500 credit per unit
Summary
Glendale Water & Power won council approval to transfer ownership of roughly 104 ICE Energy "Ice Bear" thermal storage units and issue a $4,500 electric bill credit per unit, with property owners responsible for removal; staff said the program had limited data and ICE Energy went bankrupt in 2019.
The Glendale City Council on March 3 approved a Glendale Water & Power (GWP) recommendation to transfer ownership of ICE Energy ("Ice Bear") thermal storage units that the utility said are no longer economically or operationally viable and to issue a $4,500 electric utility bill credit per unit to facilitate transfer or removal.
GWP general manager Scott Nolan told the council the city plans to transfer 104 units installed on private commercial properties and that the $4,500 credit is intended to cover the utility's average or minimal annual operations and maintenance cost:…
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