Get Paid to Use Less Energy During Peak Demand
Can your business reduce its electric consumption during times of peak demand? Want to take advantage of daily fluctuations in wholesale pricing? Con Edison’s Day-Ahead Demand Reduction Program (DADRP) can help your business get paid to use less energy when everyone else is using more. We’ll even provide the software to make it all possible, for free!
Benefits & Incentives
Eligibility & Requirements
- Full-service Con Edison Business Customers are eligible
- Customers must reduce their load by at least 100kW
- Minimum commitment of one year
- Participating customers must have a billing interval meter
If customers don’t reduce their load by the agreed-upon amount they must buy back the shortfall at either the day-ahead or real-time hourly price, whichever is greater
Electricity costs are always changing—costs are higher during hours of expected peak use and lower during non-peak hours. Con Edison submits aggregated load reduction nominations to the New York Independent System Operator (NYISO) on behalf of DADRP participants. When wholesale electric markets exceed a predetermined “strike” price, NYISO accepts these load reduction nominations as needed. Con Edison then alerts participating customers to these “day-ahead” reduction offers, which will be for specific times of the day. Participants can then decide whether to reduce demand at the offered rate. And Con Edison’s free Demand Monitoring Software makes it all easy.
To sign up for Con Edison’s DADRP Program, email us at email@example.com, or give us a call at (877) 870-6118. For more information about DAHP, read through the Con Edison Service Classification Rider W.