Customers saved nearly $35 million in demand-based costs since 2016.
AEP Energy helped our customers save nearly $35 million in demand-based capacity and transmission costs over the past four planning years since 2016. By managing your load for just a few hours a year, AEP Energy’s PeakAdvisory® Service can enable customers savings in capacity and/or transmission costs, which depending on your load could be hundreds of thousands of dollars or more. This complimentary service, available with any AEP Energy capacity and/or transmission pass-through product, will allow you to manage and reduce your Peak Load Contribution (PLC) and/or Network Service Peak Load (NSPL) for the next planning year and take control of your overall demand-based costs.
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- Complimentary service with an AEP Energy capacity and/or transmission pass-through product
- Potential reduction in next planning year’s capacity and/or transmission costs
- Customized annual performance report showing your capacity savings
- You control how often to participate in predicted energy load curtailment periods
- Must be on a capacity and/or transmission pass-through product with AEP Energy
- Must have interval hourly meter(s)
- Sign up for email notifications
How does it work?
Your demand tags, known as PLC and NSPL, are determined by your local utility based on your organization’s average demand during the grid’s highest demand hours. You can reduce your costs for the next planning year by reducing your usage during these key hours.
AEP Energy makes it easy for you to reduce your usage during these hours with our PeakAdvisory Service. Our energy experts will forecast, predict and notify you when a peak-setting hour is approaching so that your organization will have the opportunity to activate its load reduction strategies. AEP Energy’s notifications are sent a day before the event and the day of an event to give you plenty of time to plan your energy management.
To learn more about AEP Energy’s Peak Advisory Service click here.
Please be aware that AEP Energy makes no guarantee that such hour(s) will be PLC or NSPL setting hour(s) or regarding the accuracy, timeliness, suitability, completeness, freedom from error, or value of any information herein. The information presented herein and in alert notifications is provided “as is”, “as available”, and for informational and illustrative purposes only. The analysis is based on forecasted information (including assumptions, estimations, and then-currently available information) and as such, is subject to risks, uncertainties, contingencies, fluctuating market conditions, and other factors (including factors beyond AEP Energy’s control) that may cause actual results to differ materially from expectations. No information herein should be construed as advice or a recommendation. For and in consideration of the gratuitous nature of this information and future alert notifications, access to which is being provided at no cost, you assume the entire risk related to your use of any information presented herein, and whether or how you utilize any such information is entirely your responsibility. AEP Energy disclaims any and all liabilities and warranties of whatever kind or nature related hereto, including any obligation to update or correct the information provided herein.
AEP Energy is a competitive retail electric service provider and an affiliate of Ohio Power Company (AEP Ohio). AEP Energy is not soliciting on behalf of and is not an agent of AEP Ohio.