Time of Use Pricing
Challenge: Avoid high TOU pricing.
Time of Use pricing is used by providers to drive down demand at peak periods through price pressure rather than through more invasive means like involuntary curtailment or dynamic or passive demand response mechanisms.
By storing energy during low off-peak price periods and using that stored energy during times of high TOU pricing, consumers and businesses could continue to operate at optimum levels even at peak times and avoid paying high TOU rates.
Demand Energy Solution: Distributed Demand Shifters™ that charge during off-peak pricing for use during times of high TOU pricing.
Distributed Demand Shifters can be deployed across a service territory, charged during off-peak times, and then scheduled or ordered to dispatch energy during periods of high TOU pricing.
Value: Generate and store excess power during times of low TOU pricing, then allow the energy provider to dispatch it onto the grid during times of high demand, offsetting high TOU pricing during peak periods.
Time of Use Pricing
Demand Shifters are installed near the points of consumption, charged during off-peak times, then discharge when energy prices are high. The energy consumer's high TOU pricing would be normalized.