With summer upon us, Americans are once again engaged in a grand old tradition: griping about high gas prices. Our pain at the pump has been acute for the last few months, and it doesn’t seem likely to get better any time soon. Over the holiday weekend, as gas prices spiked, I ran a little demand response program of my own – spending the long weekend in the comfort of my home instead of burning gas on a road trip. In times like these, our political leaders are quick to sell the public on convenient villains, from evil OPEC to those dastardly oil companies. Still, we all know that those who are the first to assign blame usually deserve a bit of it themselves. continue
Category: Demand Response
Like a squirrel on water skis, technology never ceases to amaze me. The fact that I can program my DVR from my smart phone or track my pizza preparation online really brings out my inner geek. For my latest blog post, I decided to research the effect of technology on Demand Response (DR). From a discussion standpoint, DR has raised its redheaded stepchild status to Sustainability Services’ golden child. As it happens, Demand Response is steadily moving from being a lucrative initiative for select companies to becoming an increasingly important cost-saving concept for residences. continue
Over the course of my two years learning the regulated side of the energy industry, I have spent a great deal of time attempting to perfect the art of utilities management. Part of my job is to know a utility’s tariff inside out and have a detailed understanding of the various rates and programs offered to its customers. Through this endeavor, I have come across a multitude of demand response programs, each unique in how they benefit customers (or put customers at risk). As with most things, the programs that offer the most potential savings are also the ones that offer the most risk. continue
Here at Summit, we spend a great deal of time perfecting our knowledge of the energy markets, both in the U.S. and globally. As a result, we begin to grow sensitive to the economic climate. While there are probably dozens of reasons for this, I will focus on two in particular: continue
Next time you visit the Windy City, you may walk into a building that not only knows to dim the lights when people aren’t around, but also knows when the city as a whole is using too much power and the AC should be turned down – and then gets paid for it.
It has become clear that companies large and small alike can’t afford not to know their energy consumption, spend or greenhouse gas emissions. And once they know it, they can’t afford to leave it unmanaged, following the whim of the weather or the market. Energy management is a fact not only of corporate life, but also of city life. Recently New York City installed real-time wireless water meters in 834,000 homes in the city to better know and track the water usage in the city. ComEd in Chicago hosted a competition for some of Chicago’s suburbs to see which neighborhood could reduce their power consumption by the greatest amount, with 34.9 million kilowatt hours saved throughout the yearlong competition across nine areas in the city. continue