By signing up for our DR Energy Program, our customers’ facilities become a Demand Resource (DR) for the grid operator or utility to call on when electric prices are highest. Payments are made only when the customer is dispatched and fees are charged for non-performance. The grid operator or utility pays IPKeys Power Partners to register and manage Demand Response resources in these energy programs and we share those payments with our customers. Performance is based on achieving the committed load drop (KW) from a calculated baseline. Prices are set by the utility or vary hourly in the wholesale market programs. Customer sites may be aggregated in the same zone, subject to local rules. Payment levels and program rules vary by region.
Available in California, PJM Region and New York Customers in CA choose to participate in the Critical Peak Pricing program (CPP, SAI, PDP) offered by its local utility. In exchange for discounted demand charges, the participants will be notified of up to 15 events on weekdays in which prices are increased significantly from 2pm to 6pm. In PJM and NY, the customer is managed to bid into the Real Time or Day Ahead energy market and, when dispatched, is paid its share of the hourly wholesale market clearing price. IPKeys Power Partners’ MyBid online bidding platform supports the bidding experience for customers in PJM and NY.