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The Tax Aspects of Thermal Storage and Time-of-Day PricingCharles Goulding, Jacob Goldman and Taylor Goulding discuss deduction opportunities for property owners with thermal storage systems. Ice, Ice, Baby: A Florida College Cools Off With TESFlorida Gulf Coast University uses a remarkable, environmentally sound thermal energy storage (TES) system that does its cooling during off-peak hours, saving the institution and Florida taxpayers an average of $11,000 each month.