Many businesses today don't realize they have an untapped opportunity to create new revenue and reduce their energy costs.
By participating in economic load response programs, businesses play the role of power plant - volunteering to curtail their energy load at high-demand times of the day.
Based on Real-Time or Day Ahead market costs for electricity, businesses can bid in their proposed energy reductions—committing to curtail usage when hourly prices are high. This lets operators reduce the amount of electricity they need to supply the next day.
Businesses benefit by avoiding the cost of usage at their given curtailment times and by receiving financial incentives from operators. The greater the need, the higher the payment.
If you have the ability to reduce load within your facility, Demand Response may be a program you can participate in to earn additional revenue. Have a CPower specialist contact you.