Demand Management

Did you know?

Every year you set a Peak Load Capacity or “PLC” for your building based on how much power you used during 5 separate hours in the summer?

These 5 hours typically happen in the hottest months when there is high demand for power. How much you pay on your electric bill is based in part on how big your PLC is. Viridi’s PLC Management Program can help you reduce these costs by reducing your usage during these 5 hours, thus reducing your PLC and the amount you pay for it.

Interested in learning more?

Your regional electricity grid (PJM) will pay you for reducing your electricity usage during times that the grid is short on power. This usually occurs when there is a natural weather disaster or during test events.

There are two primary ways in which companies pay for demand (kW) on their electricity bills:

Transmission and Distribution (Peak Demand)

Supply – Capacity Component (Coincident Peaks and PLC)

Demand Response is a program that pays companies back for capacity for curtailing demand during the time(s) the grid is short on power. They do this when they need to meet the capacity needs of the grid. The grid operator, PJM, runs capacity auctions that sets the price for capacity for annual periods that run from June to May of each year. Payments for curtailment will be equivalent to the current market price for electric at the time of the test or emergency event.

Viridi will help you contract with Curtailment Service Provider and relationship management.

Peak power occurs when the highest level of energy is consumed within a specific time frame. Peaks are measured seasonally, daily and even hourly! Peaks have consequences across the entire grid regionally and therefore affect power supply costs, operational costs and, consequently, your utility bill.

Avoiding spikes in consumption, or “peak shaving”, is achieved by reducing power consumption quickly for a relatively short period of time. Energy is most expensive during peaks, therefore by leveling out energy use at these intervals, you can can reduce any related charges and save money on your utility bill!

Here at Viridi, we are able to identify, track and manage peaks and peak shaving through Real-Time Monitoring.

Are you interest in learning more or getting started with any of the above Demand Management services? Hit the button below to contact us today!