EnergyHub to manage province-wide Peak Perks program for Ontario's Independent Electricity System Operator
- The Save on Energy Peak Perks program aims to reduce peak electrical load and support grid reliability in Ontario.
- Participants who enroll in the program can receive a $75 virtual prepaid Mastercard® for enrolling this year, as well as a $20 virtual prepaid Mastercard® for each year they stay enrolled.
- None.
Residential demand response program will enhance grid reliability and accelerate decarbonization
Peak Perks enables the IESO to partner with residential electricity customers to reduce peak electrical load. The grid operator is using EnergyHub's distributed energy resource management system (DERMS) to manage the BYOT program, including program enrollment and flexible dispatch. The program is targeted to enroll more than 130,000 customers by July 2024, which will deliver carbon benefits equivalent to taking 600,000 internal combustion engine cars off the road for a year.
"The Save on Energy Peak Perks program is a great example of what's possible when electricity providers and their customers work together to deliver a more reliable grid," said Erika Diamond, Senior Vice President of Customer Solutions at EnergyHub. "We're looking forward to bringing expertise gained through collaboration with over 60 utility clients in the
The Peak Perks program provides an easy way for residential customers to be financially rewarded for supporting the grid during peak summer months. Customers who are willing to conserve energy and reduce their air conditioning at peak times and have an eligible smart thermostat connected to a central air conditioning system or heat pump unit will receive a
"Peak Perks is a key component of
The IESO is forecasting electricity demand in
EnergyHub is an independent subsidiary of Alarm.com (NASDAQ: ALRM), the leading platform for the intelligently connected property.
About EnergyHub
EnergyHub is the leading grid-edge DERMS provider. Utilities rely on EnergyHub's DERMS platform to manage all distributed energy resources to serve grid and market objectives. EnergyHub works with over 60 utilities in
Contact: | Anne Steinberg |
Kitchen Public Relations | |
917-817-4850 |
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SOURCE EnergyHub
FAQ
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