The approval allows Consolidated Edison to deploy demand-side management initiatives for its customers in Brooklyn and Queens administrative divisions through to 2018.
However, the approval stipulates that the energy provider shall not exceed the existing budget cap of $200 million in deploying the demand response programme.
The NYPSC has also stipulated that Consolidated Edison not exceed $50 million in deploying utility side non-traditional solutions including energy storage since the launch of the programme.
In addition to budget caps, Consolidated Edison has also been ordered to provide the regulator with a plan stating how it will implement the demand response programme. The utility will also provide the commission with a report of expenses incurred in deploying the programme every three months.
The energy provider is required to provide the NYSPC with analysis of benefits recorded in deploying the demand response initiative, twice a year.
According to the RTO Insider, Consolidated Edison has to date spent $46.56 million in the programme.
The project includes initiatives such as energy efficiency, distributed energy generation, and demand response to reduce the load to two substations providing the two towns with electricity.
The project aims to achieve 52MW of demand response capacity by 2018 to avoid the construction of new generation infrastructure, distribution substations, switching station and feeders to meet demand and for distribution of the electricity.
Consolidated Edison and energy efficiency management
Con Edison said it signed a $13.6 million contract for ICF to design and market the utility’s energy efficiency programmes for residential consumers for the next three years in addition to managing the utility’s call centre operations and other IT services.
Under the energy efficiency programmes, Con Edison will provide its residential customers in New York City and Westchester County with incentives for installing energy efficient HVAC systems, lighting, appliances and smart thermostats.
By deploying the programmes, Con Edison is aiming to help its residential consumers reduce their energy costs at the same time reduce energy demand and avoid investing in new energy generation infrastructure.
The energy efficiency initiatives will help the utility reduce its reliance on fossil-fueled energy generation and carbon footprint by improving integration of grid network with renewable energy resources.
Con Edison and ICF have been working together on energy efficiency programmes for over ten years.
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