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WELCOME TO EVEN MORE SAVINGS

How does Demand Response pay?

The electric grid has limited generation capacity, and runs with a set amount of headroom. Some days however are too taxing on the grid. In addition to the normal demand on the system, a heat wave has everyone turning up the AC. This demands more electricity–potentially beyond the system’s capacity, at which point brown-outs and rolling black-outs occur.

To avoid this scenario, a system of incentives exists. This chart illustrates an “Event Day.”   When called, the participants voluntarily shift their demand to an alternate time-frame. Here a medium-sized manufacturer shifts some demand to the evening and is awarded more than $6,000.

Smart Grid Programs

CON EDISON SMART GRID PROGRAM IN THE SPOTLIGHT

ConEd DLRP Tier 1 Offer

$18/kW
  • 5+ event bonus pay: $5/kW
  • Performance Pay Rate: $1.00/kWh
  • 2-Hour Test Each SCP (2)
  • Notification: 2 Hours
  • Duration: May 1 – Sep 30
  • EXAMPLE 4-HOUR EVENT (1)
  • Reservation Pay: 50kW x 4h x $18 = $3,600
  • Performance Pay: 50kW x 4h x $1/kWh = $200
  • Total Payout: $3,800
  • Settlements paid seasonally

ConEd CSRP 4-Boro Offer

$18/kW
  • 5+ event bonus pay: $5/kW
  • Performance Pay Rate: $1.00/kWh
  • 1-Hour Test Each SCP (2)
  • Notification: 21 Hours
  • Duration: May 1 – Sep 30
  • EXAMPLE 4-HOUR EVENT (1)
  • Reservation Pay: 50kW x 4h x $18 = $3,600
  • Performance Pay: 50kW x 4h x $1/kWh = $200
  • Total Payout: $3,800
  • Settlements paid seasonally

ASSUMPTIONS FOR DLRP/CSRP TABLE ABOVE…

50 kW Commitment

Event Length of 4 hours

Tier 1 DLRP Pay/CSRP Pay

Additional 3-Year incentive available but not shown

CSRP reservation payments of $18/kW for Bronx, Brooklyn, Manhattan, and Queens

CSRP also available for Staten Island and Westchester at a reduced rate of $6/kW

(2) NOTES

SCP - Seasonal Capability Period

 

(3) REQUIREMENTS & PENALTIES

There are no penalties for non-performance

Non-performance results in de-rating

Performance of 25% or less results in no payment

Customer must have a 15-min ConEd interval meter or AMI Smart Meter

 

(4) OTHER

CSRP hours vary based on geography

DLRP Tier 2 program for $25/kW

newyorkcity.450x190