IPKeys streamlines Con Edison grant process for its Demand Response Clients

EATONTOWN, N.J., June 26, 2018 /PRNewswire/ --  IPKeys announced today that it has successfully streamlined the process for its NYC Demand Reponses ("DR") clients to access millions of dollars for clean Back-up Generator enablement.

"We are very pleased to support our clients on a path to install or upgrade to clean back up generation funded with a combination of NYISO and Con Ed Demand Management and Demand Response programs," said Robert Nawy, CEO IPKeys. "IPKeys secure demand management platform, Energy Interop System and Server "EISS^®", enables clients to securely and safely maximize electricity grid incentives and pay for clean back up generation for disaster recovery and business continuity during climactic and unexpected public safety events."

Con Edison Demand Management Program ("DMP")
Con Edison's current funding is $24 million to $32 million for the 2018 and 2019 periods, respectively.  This DMP funding is on a first come first served basis and is open to Con Edison and New York Power Authority customers in New York City and Westchester.

The program is designed to assist Con Edison to lower peak load on the hottest days while enabling large clients to find innovative ways to manage energy use and save money. The goal of the DMP program is to achieve electric demand reduction in facilities through financial incentives for qualifying technologies.

What is Demand Response? During peak hours of electricity consumption, Con Edison and NYISO will pay us to temporarily reduce energy consumption. By curbing electric usage during high-demand periods and being on standby, together we help maintain system reliability in our communities and contribute to the cost avoidance for significant capital infrastructure needed for "Peaker Plant" energy supply.

About IPKeys : 

IPKeys is a strategic partner to the Department of Defense, Federal Government, Energy, Public Safety and Commercial sectors. We specialize in highly-secure technology integration services and engineering in advanced communications networks, innovative energy smart grids, cloud and facility-based data centers.  IPKeys provides Demand Response and Curtailment Services Provider services through its subsidiary www.ipkeyspowerpartners.com and is co-headquartered in Eatontown, New Jersey and Stafford VA, with offices in California and Maryland.

SOURCE IPKeys

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