Load Reduction Service Cash Calculator
EnergyConnect will purchase energy from qualifying commercial and industrial customers when wholesale electricity market prices are expected to be high. By reducing load when wholesale prices are high, you're reducing the price your electricity supplier has to pay, which ultimately reduces the price you pay for electricity. Since high wholesale prices are often the result of high electricity demand, you also help stabilize the grid and avoid blackouts or brownouts that might otherwise occur. To participate, you must have an electric meter that records usage in hourly increments. If you don't have a suitable meter, EnergyConnect will arrange for installation and in some cases, also finance the cost. Use the calculator to estimate how much you can be paid.
Please select your state and your local utility using the form to the left. EnergyConnect purchases energy from customers in a limited number of states at this time. If your state is not on the list, please contact us or email info@energyconnectinc.com to find out if there are other services you could be paid to provide.
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Demand Response Programs
Utility
The utility is the company that delivers your electric power. If you are served by a third party provider, please enter the name of the company listed for “distribution” on your electric bill.
Curtailment Capability
This indicates how much electric demand you can reduce or shift to periods when wholesale electricity prices are lower.
- Inflexible: You can only reduce or shift small amounts of electric load or can reduce or shift very infrequently. The cost of electricity is very small compared with the value of the product or service you provide. Your electric demand is relatively constant over a 24 hour period.
- Generally Inflexible: Your electricity demand varies somewhat over a 24 hour period. Electricity costs are important, but not as important as providing reliable service or meeting production schedules.
- Somewhat Flexible: Your electricity demand varies substantially over a 24 hour period and electricity costs are significant. With the right financial incentives, you would be willing to change production schedules or provide services in a different way when you have advanced notice and can choose when you participate.
- Flexible: You have made investments in energy control devices that make it easy to control energy use. All you need is the right financial incentive, sufficient notice, and the ability to choose when you participate. You are very sensitive to the price of electricity and can easily change production or service delivery schedules.
Energy Rate
(cents/kilowatt-hour) Obtain a recent copy of your account bill from your utility. The generation cost is usually quoted at cents/killowatt-hour. If there is a transmission charge that is also quoted as cents/killowatt-hour, add the two together and enter here. If the transmission charge is based on maximum consumption for the period, it can be disregarded. In that case use only the generation charge
Peak Demand
(kilowatts) Your energy bill will list the maximum consumption for the period. Enter that value here. If it is quoted as megawatts, multiply by 1000 and enter here. If no maximum is quoted, find the kilowatt hour energy consumption for the month, divide by 500 and enter the value here.
Reduction Capability
Reduction capability is the amount of energy load that can be reduced on the electric grid, through reducing energy consumption, starting standby generation, or a combination of both operations.