The Five Coincident Peak (5CP) season ended Friday, September 28th. According to preliminary results, season peaks in the PJM (your regional electricity grid) were 4.7% higher than 2017. Those results are provided below and an official report is due by December 1st.
• 6/18/2018 - 149,188 MW during Hour Ending 17:00
• 8/27/2018 - 146,503 MW during Hour Ending 17:00
• 8/28/2018 - 154,452 MW during Hour Ending 17:00
• 9/04/2018 - 149,364 MW during Hour Ending 17:00
• 9/05/2018 - 148,615 MW during Hour Ending 17:00
What is your business doing to manage yearly PLC tags? The wrong strategy can mean thousands of dollars in unnecessary energy expenditures.
To discuss your Peak Demand Day Action Plan, contact your TPI Efficiency Account Manager today at 877.244.0182.
What is Peak Demand? Peak Demand indicates a day when stress on your regional electricity grid (PJM) may be at its highest.
Peak Demand days are typically during the hottest months of the year, June–September.
Your Utility monitors and records the five highest demand days each year to:
Determine their capacity purchases for the following year (ensuring enough energy can be generated to satisfy demand across the entire grid in order to avoid potential blackouts or brownouts.)
Determine your individual PLC tags (Peak Load Contribution - what you contribute to electricity demand on the grid.)
These results determine approximately 20% of your monthly electricity bill.
You can reduce PLC costs dramatically with the right strategy.
Now is the time to plan ahead for next year. To discuss your Peak Demand Day Action Plan, contact your TPI Efficiency Account Manager today at 877.244.0182.