GridPoint plans to enhance its energy management platform by adding on-site battery storage, targeting 2 gigawatts (GW) of distributed capacity across more than 20,000 commercial buildings. This initiative aims to help facilities reduce peak demand charges and potentially lower energy bills by up to an additional 15%. The expansion comes as U.S. electricity demand is expected to reach record levels, with commercial electricity rates increasing by 42% over the past five years. The company also reported that its customer locations experienced 1,699 weather-related power outages last year, highlighting the resilience benefits of on-site storage.