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PGE introduces Demand Buy Back, an innovative plan that generates revenue for you
and helps us manage energy and costs during peak load times.
How does it work?
  The
Demand Buy Back program encourages customers to voluntarily reduce load and
earn an hourly rate. All you have to do is turn off large power equipment
during high price peak times.
PGE aggregates your load reduction, along with those of other customers, then
shares with you the value of that energy in the wholesale market. The average
price you will earn is likely to be 10 cents/kWh to 30 cents/kWh. There
probably will be some hours where you could receive as much as 45 cents/kWh.
When does the Buy Back event occur?
Demand Buy Back events will typically be initiated during peak load hours when
PGE anticipates high electricity costs. Advanced notification of an Demand Buy
Back will be from 12 hours to two days before an event.
Key features:
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Voluntary participation. During a Demand Buy Back event, you choose when to
reduce load.
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Mutually beneficial revenue stream for both PGE and our customers.
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Easy interactive Web page communication.
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Load reduction is calculated based on historic electricity usage
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Verification and validation of actual performance.
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Easy-to-understand settlement method.
How often does a Buy Back event occur?
Today’s uncertain energy market has prompted more exchange events. Most
voluntary events will last between one to 24 hours. You will be given a secure
Internet home page where estimated hourly electric savings are indicated. When
an event is scheduled, you will have the opportunity to commit to load
reduction for those hours that make sense for your business.
How am I compensated for participation?
After the Demand Buy Back event has occurred, verification of load reduction
will be computed using actual interval data using actual hourly metered loads.
You will receive a check within 60 days of a Demand Buy Back event.
How you can get involved
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Complete the Demand Buy Back Customer Agreement
and mail to:
Demand Exchange
121 SW Salmon, 1WTC0801
Portland, OR 97204
- Read PGE’s Demand Buy Back tariff (available as a PDF file) for additional details.
- Silicon Energy EEM-Suite is a site where customers auction their
willingness to reduce and/or eliminate their need for power in exchange for an
economic benefit either from the generating company, wire company, power
marketer or possibly another customer. To obtain access, contact your PGE
Account Manager.
Contact information
To learn more about Demand Buy Back, call your PGE account manager or e-mail us.
Note: You will need to have the Adobe® Acrobat® Reader to view
these documents. Visit the Adobe Web site for downloading instructions. Because these documents are PDF files, formatting may differ from the official version.
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