Energy storage company American Vanadium announces Wednesday a partnership with the Metropolitan Transportation Authority and New York State Research and Development Authority to begin a project that will incorporate a commercial battery installation for energy storage. American Vanadium CEO Bill Radvak tells TheStreet's Joe Deaux that utility company Con Edison is signing on to help cut electric grid costs, and that ideally this will trickle down to consumers by cutting their bills.

If you liked this article you might like

Maybe This Is Not Really About Inflation -- Market Recon

Maybe This Is Not Really About Inflation -- Market Recon

Duke Energy, Dominion, AT&T: 'Mad Money' Lightning Round

Duke Energy, Dominion, AT&T: 'Mad Money' Lightning Round

Buy Gradually on the Way Down: Cramer's 'Mad Money' Recap (Tuesday 1/30/18)

Buy Gradually on the Way Down: Cramer's 'Mad Money' Recap (Tuesday 1/30/18)

Splunk, Southern Company, LAM Research: 'Mad Money' Lightning Round

Splunk, Southern Company, LAM Research: 'Mad Money' Lightning Round

Don't Miss This Chance to Buy: Cramer's 'Mad Money' Recap (Monday 1/22/18)

Don't Miss This Chance to Buy: Cramer's 'Mad Money' Recap (Monday 1/22/18)