Peak Demand Notifications allow our clients to save more during high demand/high cost periods. Our notifications are intended to provide you with the opportunity to adjust your usage/electricity consumption during a peak event.
What is Peak Demand?
When usage on the grid is highest.
Peak demand occurs when the electricity grid’s load is at its highest, traditionally during heat waves and cold snaps. Although these extreme weather periods are short-lived, during these times prices are often highest and can make up a significant portion of a commercial and industrial customers’ total electricity bill. Fortunately, this cost can be managed.
When do I receive a notification?
Before a peak demand event occurs.
Our experts analyze grid and weather information in order to predict the specific days and hours when demand will be much higher than normal. With this information, our clients are sent a day-ahead notification before a potential event occurs, as well as a confirmation notification the day of an event allowing recipients the opportunity to participate in curtailing their usage during peak demand events.
How do I curtail my energy?
By using less energy.
Peak Demand Notifications will give you a specific timeframe during the day when load on the grid is expected to be highest. If you are able to, you should plan to reduce your electricity usage on this day, particularly around the suggested timeframe. You can curtail your energy usage by adjusting the temperature on your thermostat, turning off any machinery that you can, unplugging or turning off electronics that are not being used, and reducing lighting where possible. These are just a few examples on how to curtail your usage. More tips and suggestions can be found in your peak demand notification email.
Taking advantage of these notifications.
With a procurement strategy.
Our notification has been designed to enhance the variety of procurement strategies offered by Patriot Energy Group, but is also offered as a standalone solution for any energy consumer. Our approach seeks to reduce or counteract the probability of exposure to high electricity costs due to commodity price fluctuations, while striving to secure the lowest cost of the commodity over time. It’s not about the lowest price today — It’s about the lowest price over time.
Sign-up to receive notifications!
Submit the form below and we will have a representative contact you. Our notifications are intended to provide you with the opportunity to adjust your usage/electricity consumption during a peak event.
Notifications will include:
By reducing energy during peak periods, you lower consumption. This will save you money on your monthly electric bill, especially if you’re on a time of-use rate. Most facilities are able to at least partially reduce usage without it affecting their day-to-day business.
Peak shaving is reducing your highest hours of energy consumption a month. Every energy bill has components that are on a $/kW-basis (as opposed to just volumetric $/kWh-basis.) By reducing your kW in the highest hours, you’ll reduce your electric bill.
Development of the transmission grid and maintanance of power lines contributes to the cost of electricity. The cost is a major component of your monthly electricity bill. By shaving the kW load during peak hours, T&D costs can be reduced.
Load shaping can reduce bills by smoothing out the usage pattern of a client. Smoother loads in tighter bands will secure better pricing from suppliers because they are able to purchase less energy during the most expensive hours.
Reducing usage during peak events can also dramatically lower capacity costs. Capacity charges are insurance payments that keep electricity flowing over the grid during the most extreme periods. Installed capacity rates is determined during peak events, so by curtailing during these times you can significantly reduce your electricity bill in the following year.
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Interested in reducing your total energy spend?
Our no cost Peak Demand Notification Program is a simple solution to lower your energy costs.