Provider Which Incents Mass Market Demand Response Via Rewards, Gamification Seeks Market-Based Rate Authority At FERC, Noting "Retail" Transactions
October 10, 2019 Email This Story Copyright 2010-19 EnergyChoiceMatters.com
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OhmConnect, Inc. has applied for electricity market-based rate authority at FERC.
With a mass market focus, OhmConnect currently provides payments and other rewards for demand response or other smart energy usage, with its service offered in Texas and California. In addition to payments for certain peak events, the company engages customers through the year via gamification, awarding points for various behaviors.
In its application at FERC, OhmConnect stated, "OhmConnect will operate as a provider of demand response solutions, primarily to
residential customers. OhmConnect intends to provide Resource Adequacy to the California
Independent System Operator (CAISO), a program that requires FERC Market Based Rate
Authorization. As part of its demand response product offering, OhmConnect will transact in
capacity markets, but may also purchase energy from various power purchase agreements, in the
day-ahead market, and markets operated by the independent system operators (ISOs) and/or
regional transmission operators (RTOs) throughout the United States."
OhmConnect further said in its application at FERC that, "OhmConnect proposes to engage in wholesale and retail electric power
and energy transactions, for resale to wholesale, commercial, industrial and retail customers."
OhmConnect has two wholly owned subsidiaries OhmConnect California, LLC
and OhmConnect Texas LLC