New Penelec program pays businesses to reduce their demand for electricity
Pennsylvania Electric Company (Penelec), a subsidiary of FirstEnergy Corp. (NYSE: FE), has launched its Pennsylvania Act 129 Demand Response Program, which will pay Pennsylvania business customers when they reduce power consumption during periods of peak demand for electricity this summer.
This program is designed to help Penelec meet Pennsylvania's Act 129 requirement to reduce peak demand for electricity by 4.5 percent during the top 100 hours of energy demand during the summer months (June 1 to Sept. 31, 2012).
Several providers will assist businesses in Penelec's service territory with participation in the program. Providers include: ClearChoice Energy: 412-833-4113, ext. 107; Customized Energy Solutions: 267-238-4785; Energy Connect: 312-854-8071; Energy Curtailment Specialists, Inc.: 877-711-5453 ext. 348; EnerNOC, Inc.: 443-864-2007; Hess Energy Solutions: 888-223-1524; Key Tex Energy: 724-468-6500, ext. 212; Net Peak: 920-227-2332.
"We expect this program will be very attractive to our commercial and industrial customers who can temporarily reduce their demand for electricity by 100 kilowatts or more for a few hours per week," said Douglas Elliott, president of Pennsylvania operations for FirstEnergy. "Over the summer period, a participant who can reduce their average peak power demand by 350 kilowatts for 12 to 15 days could earn up to $10,000."
For additional information or to enroll in the program, commercial customers should contact their program vendor of choice from the list above or visit www.energysavePA.com.
This press release was provided by FirstEnergy Corp.