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.
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. Commercial and industrial customers of Met-Ed, Penn Power and West Penn Power can learn more at https://cpowerenergy.com/FirstEnergyCommercialDR/
About PA Act 129
On October 15, 2008, House Bill 2200 was signed into law as Pennsylvania Act 129 (PA Act 129). The Act expanded the energy efficiency responsibilities of the Public Utility Commission (PUC) and imposed new requirements on the state’s electric utilities with goals of reducing energy consumption and demand, among others. Phase I required utilities with more than 100,000 customers to reduce MWh consumption by 3 percent and reduce system demand 4.5 percent during peak hours by May 31, 2013. Phase II focused on efficiency targets with no demand reduction component. For Phase III, the PUC determined in its Implementation Order that additional reductions in consumption and demand response were cost-effective and prescribed targets to be met by May 31, 2021. CPower will help several Pennsylvania utilities to meet those targets. More on Act 129 can be found at the following link: http://www.puc.state.pa.us/electric/pdf/Act129/HB2200-Act129_Bill.pdf
About FirstEnergy’s Pennsylvania utilities
Met-Ed serves about 560,000 customers within 3,300 square miles of eastern and southeastern Pennsylvania. Follow Met-Ed on Twitter @Met Ed and on Facebook at www.facebook.com/MetEdElectric. Penn Power serves approximately 63,000 customers within 1,100 square miles of western Pennsylvania. Follow Penn Power on Twitter @Penn Power, and on Facebook at www.facebook.com/PennPower. West Penn Power serves approximately 720,000 customers within 10,400 square miles of central and southwestern Pennsylvania. Follow West Penn Power on Twitter @W_Penn_Power and on Facebook at www.facebook.com/WestPennPower.
CPower is a demand-side energy management company. We specialize in helping commercial, industrial, government and non-profit customers reduce their net energy spend and achieve their sustainability goals. CPower is a leading provider of demand side management services to commercial and industrial customers across the U.S. with 25+ years of knowledge and experience in helping customers implement intelligent energy management programs. Follow CPower on Twitter @cpowerenergy or at www.CPowerEnergy.com.