Customers under this rate must have their EV charging load metered separately from all other electrical loads. Commercial and industrial customers can enroll in the Business Electric Vehicle Time-of-Use (BEVT) rate and save on energy costs by shifting the charging of electric vehicles (EV) away from on-peak hours (12–7 p.m.) between June and September.Intermediate-period hours are from 10 a.m.–12 p.m. from June 1 to September 30 (though some rates define on-peak hours as 1–7 p.m.), and weekdays from 5–9 a.m. On-peak hours are defined as weekdays from 12–7 p.m. The company's time-of-use pricing service can provide predictable utility bill savings for customers who can shift electricity use to off-peak hours, particularly during the summer.These variants on the basic real-time pricing service are risk management tools that customers can use as hedges against possible periods of high real-time electricity prices. Furthermore, customers may also select from a variety of price protection products, including caps, collars, contracts for differences, index swaps, and index caps. Participants may choose to pay for these differences from their CBL based on either day-ahead or hour-ahead market pricing. In what is essentially a "block-and-swing" (aka "block-and-index") pricing program, customers are alternatively credited or charged for electricity usage below or above a pre-determined customer baseline load (CBL) at the utility's market rates when subscribed to the Real-Time Pricing plan.You will receive a notification on your enrollment status via email using the address provided in your account registration.Alabama Power, a subsidiary of the Southern Company, offers a set of real-time and time-of-use pricing programs. Once your eligibility is confirmed by Duke Energy Progress, you will be enrolled in the option.Once you have installed and activated it, come back to enroll your new thermostat in the EnergyWise Home option. If you don’t have an existing eligible thermostat, please choose a model, purchase it and install it.Then, click the Enroll Now button to go to your thermostat’s enrollment site, where you will follow a series of simple steps to enroll. If you have an existing thermostat, please select your thermostat among the eligible models.If you answered yes to these three questions, please choose whether you have a thermostat to enroll in Duke Energy Progress’ EnergyWise option.Will you allow the EnergyWise Home option to make brief, small thermostat adjustments on high energy demand days or in the event of a system emergency?.Do you use an eligible, internet-connected thermostat to control your central air conditioning and electric heating?.Are you a Duke Energy Progress residential electric customer?.Confirm your eligibility for the EnergyWise Home smart thermostat option by answering these three questions:.How do I sign up for Duke Energy Progress’ EnergyWise smart thermostat option? In addition, participants will receive an e-gift card each year following the anniversary of their enrollment in the option. Participants will receive a one-time e-gift card (limit one per household) after successfully enrolling in the option.Winter events may occur from December 1 through March 31 during the hours of 6 a.m.Summer events may occur from May 1 through September 30 during the hours of 1 p.m.Adjustments to your thermostat are infrequent and typically last no more than four hours and will not occur on weekends or holidays, except in the event of a system emergency. Participants agree to brief adjustments to their thermostat during peak electric demand periods. That’s good for the environment, and it helps keep energy costs low for everyone. This decreases the use of less efficient and more expensive power sources. Duke Energy Progress’ EnergyWise smart thermostat option is designed to help reduce energy use during these times of high energy demand.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |