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Utility Diveabout 1 month ago

Lowering peak energy demand can provide outsized benefit, executive tells facilities managers

Key Takeaway

Large power consumers can achieve substantial cost savings by actively managing and reducing their peak energy demand, which often dictates a significant portion of their electricity bill.

AI Summary

  • Large power consumers, including building owners and operators, incur significant costs from 'huge premium' peak demand charges.
  • These peak demand charges can be determined by a single 15-minute highest demand period within a billing cycle.
  • Actively managing and lowering peak energy demand offers substantial cost-saving opportunities for facilities managers and large energy users.

Topics

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