SRP Seeks Commercial Customers in Demand Response Program
Businesses Can Earn Payments by Temporarily Reducing Energy Consumption
Salt River Project commercial customers looking to reduce energy costs are invited to participate in an innovative program to help businesses achieve sustainability and financial goals. On Jan. 29, SRP is launching its Business Demand Response program in conjunction with Enel X, the global leader in demand response.
SRP and Enel X are working together to provide a Business Demand Response program that pays companies to temporarily reduce energy use when called upon because of situations that impact the grid, including extreme summer weather, wholesale price spikes or unexpected system issues. By participating, a business can earn payments without foregoing operational reliability while also helping SRP strengthen its grid and increase sustainability efforts.
Organizations with large buildings and a high-energy spend are good candidates. Many organizations in manufacturing, cold storage, government and education currently work with Enel X to earn payments through demand response programs worldwide. Demand Response participants receive advanced notice of potential events, enabling them to proactively prepare their facilities. Incentives for participation are customized to each company based on the scope of their plan and ability to allow for temporary control over energy usage during the high-peak summer season from noon to 9 p.m. during the May 15 to October 15 timeframe.
Ideal Demand Response candidates include:
- Large- and mid-size commercial customers with peak loads of at least 100 kilowatts
- SRP customers not currently on interruptible price plans
SRP’s Demand Response program also helps enable the not-for-profit utility to meet increased electricity demand during the summer months in a more sustainable way and without the need to build new power infrastructure.
To set up an interview with businesses that participate in Demand Response, contact Kathleen Mascareñas at Kathleen.email@example.com or (602) 236-2585.
“SRP is eager to build the commercial component of its demand response initiative as SRP is strategically planning to include demand response as a portion of its overall resource portfolio The Business Demand Response program is also an important part of SRP’s long-term plan to meet this element of its 2035 Sustainability Goals.”
“Through this agreement, Enel X is delivering critical demand response resources to SRP and its commercial and industrial customers, supporting the region’s continued electricity growth with more sustainable resources and without costly infrastructure upgrades. This agreement further demonstrates the important role that non-wire solutions like demand response can have in meeting the needs of utilities and end-users in a sustainable and cost effective way. Our team has unmatched experience across energy markets, including SRP having previously managed a similar portfolio. We look forward to joining forces with the utility again to provide its customers with a more flexible and resilient electric grid.”
Enel X in North America has around 3,400 business customers, spanning more than 10,400 sites, representing approximately 4.7 GW of demand response capacity and over 20 operational behind-the-meter storage projects. The company’s intelligent DER Optimization Software is designed to analyze real-time energy and utility bill data, improve performance, and manage distributed energy assets, including behind-the-meter storage projects.
SRP is a community-based, not-for-profit public power utility and the largest provider of electricity in the greater Phoenix metropolitan area, serving more than 1 million customers. SRP also is the metropolitan area’s largest supplier of water, delivering about 800,000 acre-feet annually to municipal, urban and agricultural water users.