Peak Reduction is designed to help NYPA manage the aggregate electrical demand of its customers at times of system peak load. NYPA contracts with qualifying customers located within the City of New York to reduce their load at NYPA's request.
Participation in the Peak Reduction option provides customers with monetary compensation, It also adds value to customer operations, by giving customers the opportunity to review and test their emergency plans and upgrade metering equipment, with NYPA's assistance.
Note: Customer participation during Peak Reduction Events is required before any incentive payments will be made.
| REQUIREMENTS
Minimum KW |
|
No minimum, but Load Reduction Commitment must be measurable |
|
| Curtailment method | On-site generation and/or interruptible loads |
| Permitting | Generators require proper permitting by NYS DEC |
| Location | Within New York City (zone J only) |
| Curtailment period | June 1st – September 30th, Weekdays |
| INCENTIVE | $25/kW per season based on verified performance of contract commitment. Payments will be made at the end of the season in the form of a check or bill credit once performance has been verified. |
| NOTIFICATION | 2 hour notification with business day - ahead alert |
| NUMBER OF EVENTS | Up to 15 events or 90 hours |
| DURATION OF EVENTS |
|
| PENALTIES | Each participant is allowed one waiver per season. If participant is unable to perform due to hardship, a prorated incentive may be given. Non-performance results in no incentive payment. |
| MONITORING & VERIFICATION
Method |
|
Review of hourly interval metering |
|
| Required Equipment | Installed integrated hourly metering device |
| Cost of Equipment | Participant is responsible for cost of installation of metering equipment (if necessary) |
| Option 1 | Option 2 | Option 3 |