BUILDING ENERGY SYSTEM WITH LOAD BALANCING

A building energy system includes equipment configured to consume, store, or discharge one or more energy resources purchased from a utility supplier. At least one of the energy resources is subject to a demand charge. The system further includes a controller configured to determine an optimal allocation of the energy resources across the equipment over a demand charge period. The controller includes a stochastic optimizer configured to obtain representative loads and rates for the building or campus for each of a plurality of scenarios, generate a first objective function comprising a cost of purchasing the energy resources over a portion of the demand charge period, and perform a first optimization to determine a peak demand target for the optimal allocation of the energy resources. The peak demand target minimizes a risk attribute of the first objective function over the plurality of the scenarios. The controller is configured to control the equipment to achieve the optimal allocation of energy resources.