CPower signs contract with PECO to help business customers in Pennsylvania reduce electricity demand during peak hours
Leading curtailment service provider to offer commercial and industrial demand response resources to meet PA Act 129 state-mandated load reduction targets
BALTIMORE, April 18, 2017
CPower, a leading provider of demand-side energy management services to commercial and industrial customers, today announced it has been selected by PECO Energy Company (PECO – an Exelon Company) as one of the curtailment service providers to facilitate PA Act 129 demand response services during peak hours in the utility’s service areas.
PECO is the largest electric and natural gas utility in Pennsylvania, serving approximately 1.6 million electric customers and more than 511,000 natural gas customers in southeastern Pennsylvania. The multi-year, multi-million dollar contract with CPower will ensure grid reliability by enabling commercial and industrial companies to participate in PECO’s Act 129 demand response programs. CPower helps clients optimize energy savings and earnings via effective load curtailment strategies, including temporarily reducing or shutting down industrial processes, turning off lights in groups or sequences, cutting back HVAC systems, or shutting down large motors and compressors.
“CPower is excited to provide demand-side resources to help PECO support grid reliability and meet the state’s aggressive energy reduction goals,” said Glenn Bogarde, Senior Vice President, CPower. “The new PA programs will provide compounding value and a great opportunity for businesses to improve their bottom line and help the community by keeping the power system sustainable and stable during times of high use.”
This Commercial and Industrial Demand Response Program will be offered during the summer months (June – September) of the Act 129 program delivery years starting in 2017 until 2020. The program is unique in that it allows for enrollment in addition to existing PJM programs, increasing the financial incentives available to participants. CPower will launch the program on June 1, 2017, and is currently recruiting participants for the 2017 performance season. Learn more at: https://cpowerenergymanagement.com/pecodemandresponse/
Read Full Article Here
CPower to help reduce electricity demand during peak hours in National Grid’s New England service territory
Offers Massachusetts and Rhode Island Business Customers New National Grid Demand Response Program to Boost Energy Savings
BALTIMORE, Md. (Mar 28, 2017) –
CPower, a leading provider of demand side management services to commercial and industrial customers, announced it has been selected by National Grid to provide demand response services to help reduce up to 45 MW of energy use during peak hours in the utility’s service territory.
National Grid’s electricity business customers in Massachusetts and Rhode Island can now earn up to $35,000/MW and become more energy efficient by participating in this innovative demand reduction program launched in late January. The two-year program could save enough energy during summer peak hours to power more than 20,000 homes — roughly the size of the town of Medford, MA or East Providence, RI.
“We are pleased to offer this innovative program that will give customers the technology and information they need to make more informed choices about energy-efficiency,” said Carlos Nouel, Vice President of New Energy Solutions, National Grid. “National Grid hopes to demonstrate that this program and others like it are cost-effective game changers that will revolutionize how customers and business use and budget for their energy.”
“As a leading energy management company with over 15 years of demand response experience in New England and nationwide, CPower is well positioned to provide National Grid with the demand side resources required to meet the region’s aggressive energy management goals,” said Glenn Bogarde, Senior Vice President, CPower. “Large energy users who register to participate in this new incentivized program now have the opportunity to reduce their electricity spend in 2017 and beyond while simultaneously supporting grid reliability.”
The National Grid program offers financial incentives to qualified participating businesses for reducing electricity consumption during times when demand for electricity is at its highest. When notified by National Grid about grid events, CPower will ask participating customers to reduce electric use for at least 20 hours over the summer, typically in one-to-four hour increments. Participating businesses are eligible to receive up to $35 for every kilowatt-hour curtailed during these reduction periods.
Read Full Article Here
CPower to help business customers reduce electricity demand during peak hours
Leading curtailment service provider to provide commercial and industrial demand response resources to meet PA Act 129 state-mandated load reduction targets
BALTIMORE, Md. (Jan 18, 2016) –
CPower, a leading provider of demand-side energy management services to commercial and industrial customers, today announced it has been selected by FirstEnergy’s (NYSE: FE) Pennsylvania utilities to provide PA Act 129 demand response services during peak hours in the Met-Ed, Penn Power and West Penn Power service areas.
“CPower is excited to provide demand-side resources to help Pennsylvania’s forward-thinking utilities meet the state’s aggressive energy reduction goals and support grid reliability,” said Glenn Bogarde, Senior Vice President of Sales and Marketing, CPower. “We will deliver the best possible solutions for FirstEnergy’s Pennsylvania utilities, working with new and existing commercial and industrial customers to optimize overall energy savings and earnings.”
Demand response programs reward electricity users for reducing consumption when alerted by a utility or independent system operators (ISO) such as PJM Interconnection, the grid operator that services 13 states and the District of Columbia. Those reductions improve the performance of the regional electric grid, particularly during hot summer months or deep winter chills when energy usage increases. Participants are compensated based on how much electric load they commit to curtail when notified by the utility about a peak demand event during periods of potential grid stress conditions.
Read Full Article Here
CPower Acquires Johnson Controls’ Integrated Demand Resources Business
Enables CPower to strengthen its position as industry leader in Demand Response
Combination will assist CPower and Johnson Controls’ customers in expanding their Demand Response participation
BALTIMORE, Md. (May 2, 2016) –
CPower announced today that it has acquired Johnson Controls’ Integrated Demand Resources (iDR) business. The purchase is part of CPower’s ongoing efforts to expand its Demand Response portfolio nationwide. For Johnson Controls, the transaction is part of a continuing strategy to invest in its building management technologies designed to deliver energy and operational efficiency to its customers.
The two companies will establish a long-term collaboration to create one of the leading providers of demand response in the market to bring greater value to customers.
Read Full Article Here