Price Response Program



Unlock the Economic Power of Your Electricity Supply Agreement

 

As a Constellation fixed price customer, your company can benefit by voluntarily conserving electricity at times when real-time prices spike due to extreme temperatures, power plant outages, wind disruptions, and other situations identified by Constellation as "Conservation Hours."

During these times, your fixed price agreement protects your company from price extremes in the electric supply rate caused by these events. But your willingness to conserve electricity during Conservation Hours provides the opportunity for Constellation to pay you to use less power. Our dedicated professional staff will notify you of specific times when we are willing to pay you to use less power. You can decide whether you want to take advantage of these opportunities.

Your fixed price remains the same and you may be able to get paid for each Conservation Hour by voluntarily curtailing your load.

 
 

Why Choose Price Response?

  • Unique opportunity to get paid for successful program participation.
  • It’s voluntary! You control your level of participation, there are no penalties, and you’re never under any obligation to reduce your consumption.
  • No automation or controls technology required.
  • Program participation benefits the broader power grid.
 

More Information

Download our brochure (PDF)

 

Get Started

Getting started is easy! Reference your bills for your company's account information, review our Terms & Conditions and select "Enroll Now" on the form on the right,or call our Price Response Team at 1-800-447-8660 with questions.

Get Started
Getting started is easy! Select “Enroll Now” below, verify your account information, and review our Terms & Conditions. Fields marked with an asterisk (*) are required.
Customer Information

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Company*

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Service Address

Address*

City*

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Service Information

ISO*

Utility*

Utility Account Number(s)*



I agree to terms & conditions
 

Constellation NewEnergy, Inc.
Constellation Price Response – Supplement
Electricity Supply Agreement Reference. This Supplement (“Supplement”) is entered into pursuant to and in accordance with each electricity supply agreement (the "Supply Agreement") by and between Constellation NewEnergy, Inc. (“NewEnergy”) and (“Customer”) governing the Scheduled Accounts (as defined herein), and is subject to all of the provisions, terms and conditions of such Supply Agreement. Notwithstanding anything to the contrary, any conflict between this Supplement and the Supply Agreement will be resolved in favor of this Supplement, but only with respect to each Account provided by Customer online and as shall be set forth in the Supplement upon NewEnergy’s email confirming Customer’s successful enrollment (the “Scheduled Accounts”). This Supplement supersedes all prior agreements and understandings with respect to each Scheduled Account for participation in the Program (as defined herein), and may not be contradicted by any prior or contemporaneous oral or written agreement. Capitalized terms used herein but not defined will have the meanings ascribed to them in the Supply Agreement. The parties agree as follows:

CONSTELLATION PRICE RESPONSE PROGRAM. NewEnergy will facilitate and manage Customer’s participation in this Constellation Price Response program (this “Program”) pursuant to which Customer may be eligible to receive a payment from NewEnergy (a “Conservation Payment”) for providing NewEnergy with reduced electricity consumption at such times as may be announced by NewEnergy (each, an “Event”) during which grid stress and electricity prices are expected to be at high levels. The Program is available exclusively for Accounts that: (A) are interval or time-of-use metered (any summary or non-time-of-use metered Account is not eligible to participate in the Program); and (B) are subject to a Fixed Price Solution Pricing Schedule with NewEnergy, without any bandwidth restrictions, and have a non-variable load only, as reasonably determined by NewEnergy (any such Accounts, “Eligible Accounts”). Customer will promptly notify NewEnergy if any Scheduled Account is not an Eligible Account.

CUSTOMER REPRESENTATIONS, WARRANTIES AND AGREEMENTS. Customer represents, warrants and agrees that: (a) the Scheduled Accounts are, and will remain, Eligible Accounts; (b) Customer (i) has notified NewEnergy in writing of each load response or other energy curtailment program administered by an ISO, Utility or another service provider (each, a “DR Program”) with respect to the Scheduled Accounts in which Customer is currently participating, and (ii) will promptly notify NewEnergy in writing of any future participation in a DR Program with respect to any Scheduled Account; (c) Customer has not, and will not, share the information provided by NewEnergy to Customer under this Supplement, including without limitation any Constellation Price Response Notification (as defined herein), with any other third party without the prior written consent of NewEnergy; and (d) NewEnergy is not acting as Customer’s consultant or advisor hereunder as more specifically set forth in any Supply Agreement.

PROGRAM NOTIFICATION. NewEnergy shall provide Customer with prior notification of an Event (a “Constellation Price Response Notification”) via email to each email address provided by Customer online (or subsequently provided) and as shall be set forth in the Supplement upon NewEnergy’s email confirming Customer’s successful enrollment. The Constellation Price Response Notifications: (i) may be on day-ahead or a day-of basis; and (ii) will describe: (A) each Scheduled Account to which it applies (each, an “Applicable Account”); (B) the hours of the Event (the “Conservation Hours”); and (C) the hourly NewEnergy offered price in $/MWh for each Conservation Hour (the “Conservation Price”). In order to be eligible for a Conservation Payment with respect to an Event, Customer must respond within the time period indicated in such Constellation Price Response Notification indicating Customer’s intent to provide a response to such Event. Otherwise, Customer participation in the Program is voluntary, and NewEnergy will not assess any penalties against Customer as a result of Customer’s failure to reduce electricity consumption pursuant to a Constellation Price Response Notification. Without limiting Customer’s disclosure obligation with respect to DR Programs set forth above, Customer’s participation in the Program may adversely impact Customer’s participation in a DR Program in which any Applicable Account may be enrolled. NewEnergy disclaims any and all liability with respect to Customer’s participation in the Program (other than NewEnergy’s obligation to make Conservation Payments in accordance with the terms hereof).

BASELINE CALCULATION; PERFORMANCE. NewEnergy will calculate the reduced consumption provided to NewEnergy for each Applicable Account during each Conservation Hour (the “Measured Conservation”) as the difference between the hourly Customer Baseline Load for such Applicable Account, in accordance with the calculation method below, and Customer’s actual hourly load for such Applicable Account. NewEnergy may adjust the Measured Conservation downward if NewEnergy determines in its sole discretion that Customer’s reduced consumption provided to NewEnergy was caused by, or is related to, Customer’s participation in a DR Program or circumstances or actions other than Customer's curtailment in response to a Constellation Price Response Notification.

NewEnergy will calculate the Customer Baseline Load with respect to each Applicable Account:
   (a) utilizing a maximum x-of-y preceding like days model, where x and y are defined by the following day types:
      (i) for weekdays, the average hourly loads for such Applicable Account of the highest 4 out of the 5 most recent weekdays within the 45 day calendar day period preceding the relevant Event (excluding NERC holidays and days on which Events have occurred (“Event Days”)),
provided that, if a 45 day period does not include 5 weekdays but includes 4 weekdays, using those 4 days; and
provided further that, if there are not 4 weekdays within the 45 calendar day period, Event Days will be used as necessary to meet the 4 day requirement, and
      (ii) for weekends/holidays, the average hourly loads for such Applicable Account of the 2 highest kWh days out of the 3 most recent NERC holiday or weekend days within the 45 day calendar day period (excluding Event Days); provided that, if a 45 day period does not include 3 NERC holidays/weekend days but includes 2 NERC holidays/weekend days, using those 2 days; and provided further that, if there are not 2 NERC holidays/weekend days within the 45 calendar day period, Event Days will be used as necessary to meet the 2 day requirement, and
   (b) with a day-of adjustment:
      (i) adding such Applicable Account’s average load during the first 3 of 4 hours preceding the Event; and
      (ii) subtracting such Applicable Account’s average hourly load determined pursuant to clause (a) above during the first 3 of 4 hours preceding the Event.
NewEnergy may utilize an alternative method for calculating the Customer Baseline Load at any time upon written notice to Customer.

COMPENSATION; PAYMENT.
Calculation of Conservation Payment. NewEnergy will calculate the Conservation Payment for each Conservation Hour by multiplying the Conservation Price by the Measured Conservation, if any, for each Conservation Hour.
Payment.NewEnergy shall make Conservation Payments to Customer quarterly by check or, only when available, by bill credit.

GENERAL TERMS AND CONDITIONS
PS 1.1. Term. This Supplement shall be effective once NewEnergy sends Customer an email confirming its successful enrollment in the Program, and shall terminate automatically (i) upon the termination of the Supply Agreement, (ii) if none of the Scheduled Accounts remain as Eligible Accounts, or (iii) upon either party’s written notice to the other party.
PS 1.2. NewEnergy Contact Information. Customer may contact NewEnergy regarding any matters concerning this Supplement at NewEnergy's Customer Service Department toll-free at 800-447-8660, or via email at customercare@constellation.com.