Currently, many businesses are fighting to stay afloat due to the COVID-19 pandemic and power supply is key. Right now, it’s even more important to manage your operational and maintenance (O&M) costs, more specifically your variable utility costs. For many businesses, including yours, the cost of power is traditionally in the top 3 O&M costs that affect your bottom-line margin.
Global Adjustment Exposure: When Do The IESO Coincident Peaks Occur?
Today, in Ontario, Canada, Class A customers are part of the Industrial Conservation Initiative (ICI) and have the ability to lower their Global Adjustment (GA) exposure during the top 5 IESO Coincident Peaks (CP). This would lower your power bill in the next billing year with the billing year running from May to April. The Coincident Peaks have typically occurred in the summer during late afternoons, however due to the coronavirus pandemic, these peaks will be even more unpredictable this year than previous.
Many companies that participate in the ICI program do so by reducing their load during these periods. They do this by shutting down some processes or entire facilities. However, this disrupts daily operations. Since the peak shifts, the likely number of occurrences to reduce load in order to hit the CPs can average around 20 days for at least 3 hours each day. This is during a typical year. Consider that it takes companies another 2 hours to ramp down production before the peak, and another 2 hours to ramp back up. This is an operational lost value of over 140 hours annually. How much is that lost production worth to you?
Demand Power’s Uninterruptible Power Supply Won’t Let You Down
Demand Power has a solution that would not only allow you to keep your facility running, but removes any worries about hitting the Coincident Peaks too. As part of our solution, we offer you a Power Purchase Agreement (PPA), Therefore, you start saving on your power costs from DAY 1 of our contract. Our PPA solution is a fixed price retail contract that can reduce your power costs by 10% to 30% based on your current usage and size. Additionally, our solution provides power quality and power reliability to your facility. This way, if the power grid is experiencing any issues, you can confidently continue operations without interruption.
We achieve this by installing an outdoor containerized Uninterrupted Power Supply (UPS) and battery that is tied into your main power feed. This is a very similar solution to what Mission Critical Facilities around the world use today. This way, you can have total confidence that it will be both effective and reliable. Lastly, our solution is 100% paid for by Demand Power. You don’t have to provide any capital for the equipment or the long-term maintenance.
Demand Power Helps You Save Money On Your Power Supply Bill From Day 1!
Ultimately, if you’re a Class A ICI customer, we can provide the following on DAY 1:
- 10% to 30% savings on a fixed price 10-year Power Purchase Agreement, on your power costs today
- Increased power quality and power reliability which will increase your potential production throughout
- Zero cost to you