Recently, many utility providers have moved to time of use tariffs and rates, meaning the cost of electricity increases based upon supply and demand. For example, in many areas of the country, air-conditioning can drive demand during hot summer months. The increased demand results in higher electricity prices for those consuming electricity during the “on-peak” periods of time. However, such utility cost increases can be avoided through the customized demand response solutions offered by Southland Energy.
Demand Response is a reduction in total system demand designed to reduce peak demand and avoid system emergencies. Often, demand response solutions are a cost-effective alternative to adding generation capabilities to overcome the cost spikes that accompany peak periods. The underlying objective of demand response is to actively engage customers in modifying their consumption in response to pricing signals sent out by utility providers to announce energy price changes and incentives.
At Southland Energy, we have the expertise required to offer a variety of demand response solutions to curtail, limit, or permanently shift your electrical consumption to reduce your facility’s consumption during high demand and high priced times of day. From implementing controls strategies with metering and submetering to accepting an open automated demand response signal from the utility provider or installing a thermal energy storage system to permanently reduce peak power consumption, our team can provide the solution that’s right for you.
As the United States moves forward with implementing the Smart Grid, more and more utility providers are providing discounted utility tariffs and rates, as well as rebates and incentives for customers. With this in mind, the financial returns on investment for implementing demand response solutions is made even more attractive than reduced energy costs, alone.