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Pricing Options
Market-Based Pricing: Curtailable Option
Managing
the demand for electricity when temperatures soar is critical to maintaining a
reliable and affordable power supply. Large power customers who have the ability
to shift energy usage and turn off equipment for brief stretches of time can
reduce their monthly power costs while helping to ensure electric reliability
during peak demand periods.
Our Interruptible Load Credits provide participating businesses with a financial
incentive to reduce the strain on the electric system when the demand and price
for power surges. By shedding load upon request during high-demand periods,
customers can save money on their energy bill while allowing utilities to reduce
peaks and control their costs.
The Interruptible Load Credits are available to commercial and industrial
customers with an average peak monthly demand of at least 1,000 kilowatts (kW)
who have the ability to shed a minimum of 500 kW of electrical load when
notified.
Participants contract directly with our power supplier, WPPI Energy. Flexible
contracts are available for either 5 or 10 years and are customized to fit
individual customer needs.
In exchange for reducing energy consumption during periods of extreme demand for
power, participants receive a payment each month from WPPI Energy. Monthly
program payments are guaranteed regardless of whether or not participants are
actually called upon to reduce their energy use.
During peak usage times, typically occurring in the hottest days of the summer,
interruptions will be limited to no more than 40 hours per month and 300 hours
per year. WPPI Energy will contact program participants at least 55 minutes
prior to the need to cut energy usage and will provide an estimate of the
interruption duration. When the interruption has ended, WPPI Energy will notify
participants so normal operations can be resumed.
Call us for more details on this energy management program designed to enhance
system-wide electric reliability by rewarding large power customers for
significantly reducing energy consumption when the demand for power peaks. For more information please contact our WPPI Energy
representative, Beth Carlson at (608) 834-4500 or via email at
bcarlson@wppienergy.org
Interruptible Load Credits Flier
Market-Based Pricing:
Curtailable Option
During the summer of 1998, daily and hourly wholesale electric prices hit record
highs that were exponentially above previous highs. The price spikes drew the
attention of many, including some large commercial and industrial customers who
indicated that they would be willing to curtail their consumption of firm
electric service if compensated at such levels. WPPI Energy’s Market-Based
Pricing: Curtailable Option was designed in response to this expressed customer
interest and was the first offering of its type in Wisconsin.
The Market-Based Pricing: Curtailable Option provides retail customers with the
option (but not the obligation) of curtailing firm usage during high price
conditions for a payment tied to the market price of energy at the time the
customer curtails load.
This curtailable option is designed to produce demand elasticity, which should
dampen price spikes and protect customers that must have an uninterrupted supply
of power.
The Market-Based Pricing: Curtailable Option is available to any customer who
meets the following eligibility criteria.
Market-Based Pricing: Curtailable Option Flier