When you greet neighbors and coworkers with, “It’s gonna be a hot one…,” that’s probably a good day to think about cutting back on your energy usage.
The power grid is pushed to peak capacity during the summer months, as increased air conditioning drives higher demand. Your contribution to that peak load determines in part what you’ll pay down the road. However, this may not impact you at this time if you’ve executed a fixed all in supply agreement which extends beyond May 31, 2019.
PJM Interconnection, which coordinates the movement of wholesale electricity throughout much of the Mid-Atlantic, uses a consumer’s measured demand (kW) during the five highest peak hours of the summer to calculate that customer’s Peak Load Contribution (PLC) for the following year. Reducing your energy usage during those peak hours can save you money on next year’s bills. The tricky part is that we won’t know the peak hours until after September 30, 2017, when PJM analyzes the summer demand and publishes the list.
Various energy suppliers issue peak demand day alerts, and Muirfield Energy passes these along as a client service. Customers are urged to reduce consumption during all peak demand alert days.
To learn more about capacity charge calculations, or Demand Response products that could save you money, contact your Energy Consultant today.
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