Offset Your Business' Energy Costs
Demand curtailment measures don’t need to be complex or significant. Turning off lights and raising air conditioning temperatures could be all you need to do. For greater impact and potential savings, you could have a more sophisticated approach with real-time adjustments to production processes or utilization of your on-site generator.
3 Key Benefits of a Demand Response Program
New Revenue Stream
Perhaps the biggest benefit to your organization is the financial one. System operators and utilities will provide financial incentives when you reduce or shift your demand away from the times when the overall demand for energy is high so that the stress on the overall utility grid is reduced. There are many different types of demand response programs, some voluntary and some requiring a firm commitment when called upon, with different incentive amounts.
Power Reliability
Reducing demand improves the reliability of the grid. Less demand means less stress on energy transmission and distribution systems, which makes them less likely to fail.
Lower Electricity Prices
Reducing electricity when demand is highest often results in lower index prices. As demand for power decreases, less efficient and often more expensive forms of electricity generation are not needed, which helps keep energy costs in check.
Our Process
Energy Reduction
We work with you to identify where you can reduce energy while maintaining business operations.
Program Evaluation
We evaluate demand response programs available based on your location and facility requirements and enroll you in a plan that maximizes your payout and keeps any risk to a minimum.
Event Notifications
When a demand response event is called, you will receive a notification to reduce usage during a certain period of time (typically a two-hour window).
Compensation for Reduced Demand
You will be paid for reducing your demand for energy and perhaps even the energy you did not use based on your program’s specifications.
Demand Response Program Options
4CP Management
Day-Ahead Demand Response
Emergency Response Service
Capacity Management
Sync Reserves
Real-Time Price Response
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NextEra Energy Solutions LLC is a subsidiary of NextEra Energy Services Holdings LLC and NextEra Energy. ESCO (Energy Service Company) projects within NextEra Energy Services companies service territories are conducted by NextEra Energy Solutions.