The two-year program allows Massachusetts and Rhode Island businesses to volunteer to reduce their energy usage during peak summer hours to earn up to $3,500. For every kilowatt-hour reduced in energy, a business can earn $35 and will be asked to reduce usage for at least 20 hours over summer. National Grid aims for the program to save enough energy to power over 20,000 homes. National Grid has partnered with CPower, Enernoc, and IPKeys to pilot this new program.
Carlos Nouel, Vice President of New Energy Solutions at National Grid, said, “National Grid hopes to demonstrate that this program and others like it are cost-effective game changers that will revolutionize how customers and business use and budget for their energy.”
The New England Council thanks National Grid for continuing to develop programs that help reduce energy costs while benefiting consumers and New England businesses. Read more in Worcester Business Journal and UtilityDIVE.
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