Commercial and Industrial Energy Users Are Rewarded For Demand Response Participation that Boosts Grid Reliability Through Flexible Capacity
BALTIMORE, Nov. 21, 2022 /PRNewswire/ -- CPower Energy ("CPower"), the national leader in unlocking the power of customer Distributed Energy Resources (DERs), today announced it has entered a partnership with Consumers Energy to deliver grid services across the energy provider's Michigan service territory. Consumers Energy is Michigan's largest energy provider, providing natural gas and/or electricity to 6.8 million of the state's 10 million residents in all 68 Lower Peninsula counties. Through the partnership with CPower, big-box retailers, healthcare, manufacturing, education and other commercial and industrial organizations in Consumers Energy's service territory will have an additional avenue to participate in Consumers Energy's demand response program, making them eligible to earn money back on their bill by conserving energy when demand peaks. Last year alone, CPower paid its customers across the U.S. approximately $230 million in grid revenues.
"Dispatching demand response is a reliable and efficient way to address supercritical peaks and other grid resource needs. Organizations that participate in demand response receive monetary value out of their investments, and the community at large also benefits from a reliable grid. We're proud to work with Consumers Energy to help its customers unlock the full value of their DERs, as the utility is focused on a flexible and clean energy transformation," said Mathew Sachs, Senior Vice President, Strategy and Business Development, CPower.
CPower has grown its footprint considerably in MISO and across utility markets this year. In addition to the Consumers Energy program, CPower is expanding access to demand response solutions for commercial and industrial organizations in the Ameren Illinois territory. Across the U.S., CPower manages approximately 6.3 GW of DER capacity at more than 17,000 sites.
To learn more about how you can participate in demand response, visit: https://cpowerenergymanagement.com/contact/.
CPower Energy Management is the leading, national energy solutions provider guiding customers towards a clean and dependable energy future. We manage approximately 6.3 GW of capacity across the U.S., forming virtual power plants that are good for the grid and great for the community. CPower maximizes the value of our customers' electricity loads, facility assets and distributed energy resources while delivering flexibility, capacity, and other ancillary services to the grid. With more than two decades of experience, we've grown to offer more than 60 local energy programs, partnering with grid operators and utilities to serve more than 17,000 sites, delivering approximately 286,000 metric tons of CO2 reductions in 2021 alone. CPower is based in Baltimore, Maryland and is owned by LS Power, a development, investment, and operating company focused on the power and energy infrastructure sector. For more information, visit: www.cpowerenergymanagement.com.
SOURCE CPower Energy Management
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