Save with Peak Load Management
JCREMC’s Peak Load Management, or PLM, program helps qualifying commercial and industrial customers reduce their electricity costs by managing electrical load during JCREMC’s peak load periods. There are two types of seasonal PLM agreements—Voluntary and Guaranteed—with various levels of advance notification and compensation available for each.
Curious if your company can benefit? We can help. Call us at 317-736-6174. And ask for John Gates, Director of Member Services and Key Accounts. Questions we’ll ask:
- What are the business hours of operation?
- Is cold storage utilized in any of the business space?
- Are there plans for facility standby generation? If so, what is the expected total standby generation wattage? Please note: Internal combustion engine generators must conform to specific criteria to be eligible for the PLM program.
- Does the business have interest in utilizing available standby generation and/or targeted load reduction efforts (i.e.: adjusting work hours, climate control adjustments, etc.) for 30-60 hours a year to help reduce electricity cost?
Program Description
There are two ways Commercial and Industrial customers can manage peak load, and JCREMC offers PLM agreements to suit each.
Load Modification
Load modification simply refers to controlling load during -peak times. An example would be a large motor load that could be deferred a few hours at up to 18 times in Summer and Winter.
- Both voluntary (less compensation) and guaranteed (more compensation) programs are available.
- Load modification can significantly reduce average total cost through a demand charge credit. Actual savings will depend on the program selected and the amount of load that can be reduced.
On-Site Generation
On-site generation is a great option for consumers who are installing or have installed emergency back-up generation.
- On-site generation can include controllable large-scale batteries or Tier 4-compliant generators that can be controlled to offset load up to 4 hours and up to 18 times per season (Summer and Winter).
- On-site generation can significantly reduce average total cost through a demand charge credit. Actual savings will depend on the flexibility, responsiveness, and amount of load that can be reduced.
JCREMC will work with the customer to develop a custom agreement.
Types of Peak Load Management
The Peak Load Management program is optional and offers customers the opportunity to reduce their electricity costs by managing their usage during JCREMC’s peak load periods.
Voluntary program – The capacity credit will be calculated based on the amount of demand reduction. Although there is no penalty for non-performance, the customer will forego any bill credit for the months when the program objectives were not met.
Guaranteed program – The capacity credit will be calculated for the amount of demand reduction based on an agreed upon baseline demand level. The capacity credit for this program is more lucrative, but if the customer is unable to reduce demand to the agreed upon baseline level, the customer will be subject to a non-performance penalty.