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Demand Response
Many Utilities and Grid Operators pay Commercial customers to reduce electricity consumption during high-demand periods in order to reduce stress on the electric grid. Customers can save as much as 25% of their annual electricity cost, but they require flexibility and significant usage levels. Savings vary based on responsiveness, geography, and willingness to reduce usage.
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Peregrine works as part of your team to assess feasibility, and if appropriate, develop a pragmatic strategy to maximize savings while minimizing disruption to your business and/or customers. Our process includes:
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Usage Assessment: We facilitate installation of an interval meter, and review your usage at specific intervals in order to determine eligibility, as well as potential savings resulting from demand curtailment.
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Program Identification: Peregrine leverages its connections with Utilities and Grid Operators to identify appropriate energy curtailment programs and help negotiate beneficial agreements.
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Opportunity Identification: Depending upon business objectives, workflow, and production commitments, businesses will utilize certain curtailment actions at specific times, but not others. We work with your Facilities team to develop a realistic, context-sensitive approach to identify which measures are and are not appropriate.
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Process Definition: Because requests for electricity reduction are typically not known well in advance, it is critical to have a well-defined set of procedures which can be implemented while minimizing disruption to your business. These procedures include the on-the-fly decision to participate, as well as the steps (e.g., raising thermostats) to reduce demand, and ultimately restore operations once a curtailment event has concluded.
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Training: We produce materials, and train key personnel to execute specific demand reduction actions and recover from curtailment events.
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Accounting: Timing and payments by Utilities and Grid Operators vary, and are based on reduction in usage during curtailment periods versus a baseline. We help you understand how to calculate, track, and report on these savings.
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For more information, please call us, or email DemandResponse@PeregrineRE.com.
Contact us for a Free Consultation
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