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Constellation Offering Commercial Customers New Ways to Reduce Electricity Supply Bills Constellation announced the launch of Constellation Rate Response, which Constellation said provides new options for commercial and industrial (C&I) customers to lower their electricity supply costs by participating in load response programs.
The program is similar to the recently announced Peak Response program, which is focused on reducing future capacity and transmission contribution values, but Rate Response does not have the singular focus on future PLC values, and includes energy, capacity, and ancillary load response programs.
Similar to Peak Response, however, is that Constellation customers participating in Rate Response load response programs can choose to receive a reduced rate on their electricity supply throughout the year or a direct bill credit.
Constellation said that customers typically receive load response payments from their utility, ISO, or curtailment service provider in the form of a check months after a load response event has occurred.
Constellation Rate Response customers select how load response revenue is applied to their electricity bill based on their estimated level of curtailment and the type of load response program in which they participate. Customers enrolled in capacity-based load response programs can choose to receive a reduced electricity supply rate up front, to reflect the value of anticipated load curtailment throughout the year. Customers enrolled in capacity, energy or ancillary load response programs can choose to receive payments as credits directly on their monthly bill for the amount of any revenue earned.
Constellation Rate Response is supported by Constellation's VirtuWatt energy management and markets platform.
Constellation Rate Response is currently available to Constellation C&I power customers in the PJM, New England, New York, ERCOT and California regions
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February 20, 2013
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Reporting by Karen Abbott • kabbott@energychoicematters.com
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