ECHOSM Demand Response
Earn Significant Revenue While Reducing Energy Expenses
Demand response programs provide revenue opportunities for energy consumers. Participants in demand response programs simply agree to reduce their electricity consumption in response to peak system demand, grid emergencies or peak wholesale prices. Thereby participants contribute to grid stability during potential blackouts and lower market prices.
Demand response participants earn revenue on a monthly basis, just for being available to shed load in an emergency situation.
In addition, participants are helping reduce the need for more power plants, lowering carbon dioxide and other emissions. Not to mention, demand response participants reduce their own consumption of electricity and the associated carbon emissions. Demand response programs offer participants significant environmental and financial benefits.
Participants agree to curtail energy usage, via generator or shut down, when electricity demand exceeds supply. Revenue is earned on a monthly basis or quarterly, regardless of whether or not a client is called to curtail their energy.
Clients voluntarily shed load and receive payments when wholesale energy prices exceed their bid threshold.
Clients may be able to get paid for conservation measures that permanently reduce your demand during summer and winter peaks.
ECHOSM can help you determine the program or programs that best suit your business so you can earn a significant, ongoing, revenue stream.