Saving This Summer Could Pay Off Next Year

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, 2020.

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, 2018, 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.

To subscribe to future notifications or to learn more, contact us today.

Wednesday, September 5, 2018

FORECASTED PEAK DEMAND HOURS : 2:00 pm – 7:00 pm EST

FORECASTED PEAK DEMAND (MW)

147,300

ACTUAL PEAK DEMAND (MW)

TBD

RANKED : To Be Determined

Tuesday, August 28, 2018

FORECASTED PEAK DEMAND HOURS : 2:00 pm – 7:00 pm EST

FORECASTED PEAK DEMAND (MW)

146,400

ACTUAL PEAK DEMAND (MW)

150,600

RANKED : 1st Highest Peak Demand Day as of 8/31/2018

Monday, June 18, 2018

FORECASTED PEAK DEMAND HOURS : 2:00 pm – 7:00 pm EST

FORECASTED PEAK DEMAND (MW)

148,300

ACTUAL PEAK DEMAND (MW)

148,500

RANKED : 2nd Highest Peak Demand Day as of 8/31/2018

Monday, August 27, 2018

FORECASTED PEAK DEMAND HOURS : 2:00 pm – 7:00 pm EST

FORECASTED PEAK DEMAND (MW)

150,700

ACTUAL PEAK DEMAND (MW)

145,800

RANKED : 3rd Highest Peak Demand Day as of 8/31/2018

Tuesday, July 3, 2018

FORECASTED PEAK DEMAND HOURS : 2:00 pm – 7:00 pm EST

FORECASTED PEAK DEMAND (MW)

143,700

ACTUAL PEAK DEMAND (MW)

145,700

RANKED : 4th Highest Peak Demand Day as of 8/31/2018

Monday, July 2, 2018

FORECASTED PEAK DEMAND HOURS : 2:00 pm – 7:00 pm EST

FORECASTED PEAK DEMAND (MW)

143,000

ACTUAL PEAK DEMAND (MW)

145,200

RANKED : 5th Highest Ranked Peak Demand Day as of 8/7/2018