An analysis of a low-temperature thermal storage system using an ammonia-water solution both as a refrigerant and as a low-temperature thermal storage material is considered. The thermal storage is useable at a temperature of -27 degrees C and higher. The proposed system is designed to shift electric demand from high to low-demand periods. The system utilizes a heat-operated absorption refrigeration system; however, the generator heat is supplied by a self-contained vapor compression heat pump. The heat pump is operated during the off-peak period to recover the low-temperature thermal storage by reprocessing the stored ammonia-water solution to a lower ammonia-water concentration. The ammonia vapor liberated from solution in the dephlegmator is used in the compressor to produce the generator heat. Three different configurations are considered, including a solar-assisted system. The results are compared to an eutectic salt storage system.