New York, NY, May 1, 2008 -- The Ontario Power Authority (OPA) has awarded ConsumerPowerline a contract for its DR3 contractual load reduction program, under which ConsumerPowerline will offer Ontario electricity customers in the Greater Toronto Area and South Central regions turnkey services for participation in demand response.
With peak demand in Ontario projected to grow from 27,000MW to 33,700MW by 2025, an aging electricity infrastructure, and growing environmental concerns, the OPA is taking action to ensure a reliable and environmentally conscious electricity supply. The OPA DR3 program enables electricity customers to earn substantial revenue for participating in the program and helping the grid when it is most needed. Participants are paid an availability payment for their commitment to curtail, a utilization payment for their actual curtailment delivered during an event, and an availability over-delivery payment for providing capacity above their contracted commitment.
The contract provides ConsumerPowerline with a 25MW load reduction commitment through 2013, and includes the option for additional contracts for MWs based on performance. Through the program, ConsumerPowerline will aggregate electricity customers to provide the OPA with demand response capability, helping to alleviate electricity supply constraints within Ontario. Customers will participate by reducing their electricity consumption during periods of high prices, high demand, and low supply cushion.
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