{"id":1728,"date":"2017-04-19T18:28:57","date_gmt":"2017-04-19T18:28:57","guid":{"rendered":"http:\/\/cpower.wpengine.com\/?page_id=1728"},"modified":"2019-07-23T17:47:19","modified_gmt":"2019-07-23T17:47:19","slug":"peco-pa-act-129-demand-response","status":"publish","type":"page","link":"https:\/\/cpowerenergy.com\/who-we-are\/newsandhappenings\/peco-pa-act-129-demand-response\/","title":{"rendered":"CPower signs contract with PECO to help business customers in Pennsylvania reduce electricity demand during peak hours"},"content":{"rendered":"

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Newsroom<\/h1>\n

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CPower signs contract with PECO to help business customers in Pennsylvania reduce electricity demand during peak hours<\/strong><\/h3>\n

Leading curtailment service provider to offer commercial and industrial demand response resources to meet PA Act 129 state-mandated load reduction targets<\/em><\/p>\n

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BALTIMORE<\/span>,\u00a0April\u00a018, 2017<\/span><\/strong><\/p>\n

CPower, a leading provider of demand-side energy management services to commercial and industrial customers, today announced it has been selected by PECO Energy Company (PECO \u2013 an Exelon Company) as one of the curtailment service providers to facilitate PA Act 129 demand response services during peak hours in the utility\u2019s service areas.<\/p>\n

PECO is the largest electric and natural gas utility in Pennsylvania, serving approximately 1.6 million electric customers and more than 511,000 natural gas customers in southeastern Pennsylvania. The multi-year, multi-million dollar contract with CPower will ensure grid reliability by enabling commercial and industrial companies to participate in PECO\u2019s Act 129 demand response programs. CPower helps clients optimize energy savings and earnings via effective load curtailment strategies, including temporarily reducing or shutting down industrial processes, turning off lights in groups or sequences, cutting back HVAC systems, or shutting down large motors and compressors.<\/p>\n

“CPower is excited to provide demand-side resources to help PECO support grid reliability and meet the state’s aggressive energy reduction goals,” said Glenn Bogarde, Senior Vice President, CPower.\u00a0 “The new PA programs will provide compounding value and a great opportunity for businesses to improve their bottom line and help the community by keeping the power system sustainable and stable during times of high use.\u201d<\/p>\n

This Commercial and Industrial Demand Response Program will be offered during the summer months (June \u2013 September) of the Act 129 program delivery years starting in 2017 until 2020.\u00a0 The program is unique in that it allows for enrollment in addition to existing PJM programs, increasing the financial incentives available to participants. CPower will launch the program on June 1, 2017, and is currently recruiting participants for the 2017 performance season. Learn more about the program here.<\/a><\/p>\n

About Demand Response<\/strong>\u00a0<\/strong><\/p>\n

Demand response programs reward electricity users for reducing consumption when alerted by a utility or independent system operators (ISO) such as PJM Interconnection, the grid operator that services 13 states and the District of Columbia.\u00a0 Those reductions improve the performance of the regional electric grid, particularly during hot summer months or deep winter chills when energy usage increases. Participants are compensated based on how much electric load they commit to curtail when notified by the utility about a peak demand event during periods of potential grid stress conditions.<\/p>\n

About PA Act 129<\/strong><\/p>\n

On October 15, 2008, House Bill 2200 was signed into law as Pennsylvania Act 129 (PA Act 129). The Act expanded the energy efficiency responsibilities of the Public Utility Commission (PUC) and imposed new requirements on the state\u2019s electric utilities with goals of reducing energy consumption and demand, among others. Phase I required utilities with more than 100,000 customers to reduce MWh consumption by 3 percent and reduce system demand 4.5 percent during peak hours by May 31, 2013.\u00a0 Phase II focused on efficiency targets with no demand reduction component.\u00a0 For Phase III, the PUC determined in its Implementation Order that additional reductions in consumption and demand response were cost-effective and prescribed targets to be met by May 31, 2021. CPower will help several Pennsylvania utilities to meet those targets. More on Act 129 can be found here.<\/a><\/p>\n

About CPower <\/strong><\/p>\n

CPower is a demand-side energy management company.\u00a0 We specialize in helping commercial, industrial, government and non-profit customers reduce their net energy spend and achieve their sustainability goals. CPower is a leading provider of demand side management services to commercial and industrial customers across the U.S. with 25+ years of knowledge and experience in helping customers implement intelligent energy management programs. Follow CPower on Twitter @cpowerenergy<\/a> or at www.CPowerEnergy.com<\/a>.<\/p>\n<\/div>\n<\/div>\n<\/section>\n

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Newsroom<\/h2>\n

[\/vc_column_text][vc_wp_custommenu nav_menu=”7″][\/vc_column_inner][\/vc_row_inner][\/vc_column][\/vc_row]<\/p>\n","protected":false},"excerpt":{"rendered":"

[vc_row el_class=”fullwidth substage” css=”.vc_custom_1454252975933{background-image: url(\/wp-content\/uploads\/2016\/01\/test-bkg-image.jpg?id=47) !important;}”][vc_column][vc_row_inner][vc_column_inner][vc_column_text el_class=”subheading”] Newsroom [\/vc_column_text][\/vc_column_inner][\/vc_row_inner][\/vc_column][\/vc_row][vc_row el_class=”intro”][vc_column][vc_row_inner][vc_column_inner width=”4\/6″][vc_column_text] CPower signs contract with PECO to help business customers in Pennsylvania reduce electricity demand during peak hours Leading curtailment service provider to offer commercial and industrial demand response resources to meet PA Act 129 state-mandated load reduction targets BALTIMORE,\u00a0April\u00a018, 2017 CPower, a leading provider … Continue reading CPower signs contract with PECO to help business customers in Pennsylvania reduce electricity demand during peak hours<\/span><\/a><\/p>\n","protected":false},"author":4,"featured_media":0,"parent":14,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"inline_featured_image":false,"footnotes":"","_links_to":"","_links_to_target":""},"categories":[37],"tags":[],"class_list":["post-1728","page","type-page","status-publish","hentry","category-pr"],"yoast_head":"\nCPower signs contract with PECO to help business customers in Pennsylvania reduce electricity demand during peak hours - 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