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Con Edison Showing Customers the Money For Reduced Electricity Usage

Money

Con Edison customers who operate large buildings are taking advantage of pumped-up payments the company is offering to conserve electricity when temperatures soar.

 

Customers can register through June 2 and begin collecting payments in August. For every megawatt of reduction that a customer enrolls, Con Edison will pay up to $500,000 over three years. This incentive would be on top of the money the customer would save from lowering their electrical use.

 

“Our large customers are realizing it’s good business to take advantage of our Demand Response programs, especially with the increased payments they can receive,” Sim Zirkiyev, manager of Commercial Demand Response Programs at Con Edison. “They save on electricity costs and increase their top-line revenue.”

 

This year, more than 700 Con Edison customers have signed up for the Distribution Load Relief Program’s reservation option, saving more than 180 megawatts of power when Con Edison asks them to conserve. One megawatt can power up to 1,000 homes. Last year – before the incentives were increased – about 600 customers had signed up, producing 150 megawatts of savings.

 

Customers are also drawn to the incentives in the Commercial System Relief Program’s reservation option. This year, 377 customers have enrolled, producing savings of 110 megawatts, compared to 240 customers and 56 megawatts last year.

 

Customers enrolled in these programs help Con Edison keep the power flowing at peak electrical usage times, and are a key part of the utility’s strategy to continue providing industry-leading reliable electrical service.

 

Con Edison is targeting the incentives toward owners and operators of commercial, industrial and multi-family buildings.

 

For more information on the programs or to enroll, go to www.conEd.com/dr, send an e-mail todr@coned.comor call 1-877-870-6118.

 

The Con Edison Green Team has an Energy Efficiency program for everyone. To find programs that are right for you, visit www.conEd.com/greenteam or call 1-877-870-6118.

About the Author

New York Trend is a weekly news publication that focuses on issues and lifestyles of the African & Caribbean American communities throughout the New York metropolitan area and Nassau and Suffolk Counties of Long Island. It is a respected and well recognized news publication that has been in existence since 1989. Owner, Publisher and Executive Director, Dr. Teresa Taylor Williams has been at the helm of this award-winning publication since its inception. New York Trend continues to be the only black woman-owned, metropolitan newspaper in New York and Long island. New York Trend is the largest black-owned newspaper throughout Nassau and Suffolk counties.

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