The Program
The Installed Capacity Program (ICAP) may be activated by the New York Independent System Operator (NYISO) in response to power shortages or other emergencies. Con Edison will contact program participants with a request to curtail their power use. 

How It Works
When the NYSIO anticipates that reliability of New York State’s major transmission and distribution systems may be compromised, or that power demand may exceed available supply, the NYISO may declare an emergency. Con Edison will then contact program participants with a request to invoke curtailment measures under ICAP. Customers enrolled in the program will receive an advisory day-ahead notice followed by a notice two hours before the event to curtail power.

Customer Eligibility
An electric customer who is capable of reducing at least 100 kW of electric load for at least four hours through on-site generation or curtailed load can participate in ICAP. The curtailment capability periods are in effect from May 1 through October 31 and November 1 through April 30.

Customers must have an interval meter (s) with a telephone line (s). The meter measures and records electrical use each hour; the data are used to verify load reduction and calculate appropriate payment.   Incentives are available for the cost of the interval meter installations through New York State Energy Research and Development Authority (NYSERDA). For more information, visit www.nyserda.org/programs/peakload/intermeter.asp or call 1-518-862-1090.

Customers enrolled in the Emergency Demand Response Program are not eligible to participate in ICAP.

Incentives
Customers will receive payment for load reduction based on a capacity rate that varies depending on the capability period and location. The capacity payment rate can be found at www.coned.com/documents/elec/ICAP.pdf.

Customers will also receive an energy payment that equals the higher of the real time Locational-Based Marginal Price adjusted for losses or the amount specified on the customer’s application, but no more than $.50/kWh.

As an added bonus, customers will receive Internet-based software, which can be used to identify ways to reduce electricity consumption and lower operating costs.

How to Enroll
To enroll in ICAP, complete the appropriate application forms online, or use the application form for Summer or Winter  or contact Con Edison at dsm@coned.com , or call 1-800-643-1289.