Storage Power Solutions

What Storage Power Solutions does

Storage Power Solutions, operating as Myers Emergency Power Systems (Myers EPS), is a privately held designer, manufacturer, and distributor of Lithium Iron Phosphate (LFP) based battery energy storage systems. Founded in 2014 and headquartered in Whitby, Canada, with manufacturing operations in the United States, the company sells its EnerShed product line — comprising M2, M4, L2, and L4 models ranging from 60kW to multi-megawatt capacity — to mission-critical infrastructure operators including utilities, data centers, healthcare systems, government facilities, distribution and manufacturing operations, and educational institutions. Its flagship EnerShed 2.0 platform achieved first-in-North-America certification under the UL 9540A 6th Edition Fire Test with CSA Group in March 2025, establishing a meaningful safety differentiator in regulated procurement contexts such as California Title 24 solar-plus-storage mandates. The portfolio is complemented by inverter power systems, battery backup systems, emergency control devices, and the proprietary ENERIQ microgrid Energy Management System that automates peak shaving, demand response, energy arbitrage, frequency regulation, and islanded operation.

The company monetizes through quote-based direct sales of BESS hardware and associated professional services including installation support, customization, and replacement parts. Pricing is not publicly disclosed; contracts are site-specific, sized to customer load requirements from residential through utility-scale, and span multi-year terms. Go-to-market is enterprise field sales executed through a network of regional sales representatives, with marketing built on technical collateral (brochures, spec sheets, white papers), video content hosted on YouTube, and a dedicated BESS landing page (bess.myerseps.com). The buyer profile is concentrated in regulated, safety-sensitive verticals where domestic manufacturing, LiFePO4 chemistry, and UL 9540A certification carry procurement weight. No public revenue, funding rounds, M&A activity, or executive roster data are disclosed in the available sources.

Name

Storage Power Solutions

Legal name

Myers EPS

Website

https://storagepowersolutions.com

Company type

Private

Founded year

2014

Operating status

Operating

Headcount range

11–50 employees

Short description

Storage Power Solutions (Myers EPS) designs, manufactures, and distributes Lithium Iron Phosphate battery energy storage systems under the EnerShed brand, ranging from 60kW to multi-megawatt capacity, for utilities, data centers, healthcare, government, and commercial/industrial operators in North America.

Ownership category

akta.pro rank

Product category

Battery Energy Storage Systems

NAICS

Battery Manufacturing (33591), Electric Power Generation, Transmission and Distribution (2211)

SIC

Switchgear & Switchboard Apparatus (3613), Electronic & Other Electrical Equipment (No Computer Equip) (3600)

akta.pro primary industry

BESS OEMs (Containerized Systems, Racks, Turnkey Solutions) (EUAFAAAC)

akta.pro secondary industries

BESS Safety, Fire Detection/Suppression & Compliance (NFPA/UL/IEC) (EUAFAAAH), Utility-Scale BESS EPC & Integration (EUAEAEAA), Energy Storage Systems (BESS, Flywheels, Batteries) (HDABAKAC), Energy Storage & Microgrid Electrical Infrastructure (BESS, Controls) (IMAFAHAE)

Keywords

• Battery energy storage
• Microgrid solutions
• Emergency power systems
• LFP battery systems
• Commercial power backup

Headquarters

HQ city

Whitby

HQ country

Canada

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Personnel, Operations, Technology or R&D, Marketing or Sales, Others

Revenue model

1. BESS Hardware Sales: Sale of battery energy storage systems including EnerShed product line (M2, M4, L2, L4 models) ranging from 60kW to multi-megawatt capacity. Hardware is sold directly to utilities, data centers, healthcare systems, government facilities, and other mission-critical operations for installation and integration into their power infrastructure.
2. Professional Services: Service offerings including installation support, customization, and replacement parts for BESS and power systems. These services support the core hardware business and provide ongoing revenue from the installed base of BESS customers.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels4 records

Core offering

Storage Power Solutions (operating as Myers Emergency Power Systems / Myers EPS) designs, manufactures, and distributes Lithium-iron-phosphate (LFP) based battery energy storage systems (BESS), inverter power systems, battery backup products, and emergency control devices. The company sells integrated energy storage and microgrid solutions to commercial and industrial customers across North America.

Product overview

Storage Power Solutions (Myers Emergency Power Systems) offers a unified portfolio of power systems with its flagship product being the EnerShed line of Lithium Iron Phosphate Battery Energy Storage Systems (BESS). The EnerShed family includes M2, M4, L2, and L4 models ranging from 60kW to multi-megawatt capacity, serving multi-family residential, commercial, industrial, and mission-critical facilities. The ENERIQ microgrid Energy Management System provides intelligent energy optimization and automation capabilities that work with the BESS units to enable peak shaving, energy arbitrage, demand response, and backup power. Supporting products include Inverter Power Systems, Batteries & Battery Backup Systems, and Emergency Control Devices, all designed and manufactured in America for utilities, data centers, healthcare systems, and government facilities.

Differentiator

Problem solved

Functional benefit

Brands

• EnerShed: Battery Energy Storage System (BESS) product line offering 60kW to multi-megawatt capacity solutions for multi-family residential, commercial, and industrial facilities. EnerShed 2.0 achieved industry milestone as first BESS to pass UL 9540A 6th Edition Fire Test in North America.
• ENERIQ
• EnerShed M2
• EnerShed M4
• EnerShed L2
• EnerShed L4

Products and services

• EnerShed BESS

Quantifiable outcome

• 5kWh minimum system size with 80% round trip efficiency and 4000 cycle life (or 10-year warranty at 70% EOL) per California Title 24 JA12 requirements
• +1 more outcomes

Segments6 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability2 records

Feature4 records

Partnerships

One partnership is on record.

• CSA GroupcoreTechnology or Integration · 27 March 2025CSA Group conducted the UL 9540A 6th Edition fire testing certification for EnerShed 2.0, making it the first BESS in North America to achieve this safety certification. This partnership validates the safety performance of Myers EPS's battery energy storage systems to the most current and stringent fire test standards for BESS technology.

Scale indicators3 records

Recent moves5 records

Expansion highlights4 records

Direct peers

• Saft (TotalEnergies): Saft designs and manufactures industrial batteries and large-format BESS for critical infrastructure, grid, and transportation. Its product portfolio and focus on safe, certified Li-ion storage closely parallels Myers EPS's EnerShed line and safety-led value proposition.
• Fluence Energy: Fluence is a leading global BESS OEM and integrator offering utility-scale and commercial energy storage systems. It is a direct competitor to Myers EPS across utility, commercial, and industrial use cases, with similar turnkey product positioning and a comparable customer base.
• BYD Energy Storage: BYD is a global battery and BESS manufacturer offering containerized and commercial storage products based on LFP chemistry. It is comparable to Myers EPS in product architecture and chemistry choice, with strong overlap in commercial and utility-scale segments.
• Powin Energy: Powin is a BESS OEM and integrator focused on utility-scale and C&I lithium-iron-phosphate storage systems. Its Stack and Centipede product families compete directly with EnerShed across multi-megawatt and behind-the-meter commercial deployments.
• Sungrow Energy Storage: Sungrow is a global inverter and BESS manufacturer offering integrated energy storage solutions for utility, commercial, and industrial applications. It is comparable to Myers EPS as a vertically-integrated BESS and power electronics provider targeting similar C&I and grid-scale customers.
• Wartsila Energy Storage: Wartsila delivers grid-scale BESS and integrated energy storage solutions for utilities and C&I customers. It competes with Myers EPS in utility-scale and grid services applications, including frequency regulation and grid balancing.
• Tesla Energy (Megapack): Tesla's Megapack business designs and manufactures containerized LFP-based BESS products for utility-scale and commercial projects. It is a direct competitor to EnerShed in the multi-megawatt segment, with overlapping target customers including data centers and utilities.

Broad incumbents

• ABB (Electrification / BESS): ABB supplies power electronics, switchgear, and increasingly BESS solutions for grid, industrial, and data center customers. Its power-conversion and switchgear competence overlaps with Myers EPS's inverter and control system offerings, and it serves the same mission-critical infrastructure buyers.
• EnerSys: EnerSys is a large industrial battery manufacturer offering reserve power, motive power, and increasingly BESS solutions. It is a broad incumbent in the same category as Myers EPS, with overlapping UPS and critical-power customers but a wider portfolio.

Emerging players

• Kokam (Flowgen): Kokam specializes in lithium-ion battery cells, modules, and turnkey BESS for utility, C&I, and naval applications. Its focus on safety-certified Li-ion BESS for critical infrastructure makes it a relevant emerging competitor to Myers EPS in North American and international markets.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/shorts/4KFLzBqd1KA
• LinkedInlinkedin.com/company/storage-power-solutions

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Storage Power Solutions