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Constellation Launches Peak Management Product

January 28, 2013

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Copyright 2010-13 EnergyChoiceMatters.com
Reporting by Karen Abbott • kabbott@energychoicematters.com

Constellation yesterday formally launched its Peak Response program, which manages customers' future capacity and transmission capacity values by lowering electricity consumption during the hours of peak demand.

4CP management has long been offered in ERCOT to reduce transmission charges.

Under its Peak Response program, Constellation forecasts peak hours and sends day-ahead and day-of notifications alerting customers to reduce electricity consumption. If such reductions occur during the peaks used to set capacity and/or transmission peak contribution values, the customer's share of capacity and transmission charges are reduced.

Constellation said that capacity and transmission charges typically account for 20 percent to 30 percent of a C&I customer's overall electricity bill.

Constellation Peak Response offers customers two payment options -- saving on their Constellation monthly bill or receiving a quarterly check -- during the year following their participation in the program. Since the program's pilot began in April 2011, more than 100 customers have enrolled a total of 400 megawatts into the program. In 2012, these pilot customers received more than $500,000 in Peak Response payments and savings as a result of their lower electricity consumption during Constellation Peak Response alert hours.

The Constellation Peak Response program is currently available to Constellation commercial and industrial power customers in the PJM, New England, New York and ERCOT regions.

Constellation said that participation in the Peak Response program is voluntary and, "unlike traditional load response programs, there is no penalty for failure to comply when a load response event occurs, providing a low-risk opportunity for customers to save on their overall electricity costs."

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