New Texas REP Offering Critical Peak Rebate Program, Pays $1/kWh
July 28, 2014 Email This Story Copyright 2010-14 EnergyChoiceMatters.com
Reporting by Karen Abbott • email@example.com
Ambit Energy has officially launched a critical peak rebate program in ERCOT called Power Payback
Under the program, customers are credited $1.00 on their next billing period for every kilowatt-hour saved during a called event. Customers' reductions are compared to the previous five weekday average for the same time period.
Ambit does not require customers to enroll in the program (but customers must have valid contact information, phone and/or email, associated with their account in order to be alerted about called events), and there is no penalty for not reducing usage.
All Texas Ambit customers are eligible to participate provided that they have a smart meter.