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Online Power Exchange
On the Online Power Exchange, your company can
get paid for reducing electric use—in real time—on the World Wide
Web. Over an interactive Web site, you can accept an offer for
load reduction submitted by Wisconsin Public Service, or you can
submit your own offer to reduce your load at a time, quantity
and price you choose. In essence, you sell power back to Public
Service in real time.
The Online Power Exchange is a completely voluntary
program. By participating, you help optimize the state's power
system—lowering system costs—and, at the same time, gain the opportunity
to manage your energy costs and potentially benefit from the changing
energy market.
Program Details
- The Online Power Exchange program is designed
for businesses with at least 500 kilowatts (KW) of electric
load. It's available to customers with interruptible electric
load during times of normal pricing, but can apply only to their
firm load when participating in an economic buy-through.
- The Wisconsin Public Service Energy Information
Web site serves as a communication device between you and Public
Service for the Online Power Exchange.
- If Public Service is in need of electric supply,
we post an offer on the Web site and send an
e-mail or pager message to all customers in the Online Power
Exchange program. Customers then visit the Web site to find out
the details. Those interested in reducing load submit a nomination
electronically. Public Service sends an e-mail confirmation
to those who responded, letting them know if their nomination
has been accepted or declined.
- You also have the option of posting your own
offer on the Web site. You can post a revision to an offer posted
by Public Service, or you can post an offer when there's currently
no offer posted by Public Service.
Your offer will include:
- Kilowatts Nominated (kilowatts available for load reduction)
- Time Frame (start and end time)
- Price per Kilowatt-hour
- Offer Closing Time
- Baseline Intervals (used to determine
your baseline usage when calculating your interrupted load)
- Penalty Fees (whether you are willing
to pay penalty fees if you don't meet your nomination)
- Authorization
- The amount of load you actually interrupt is determined from your
baseline usage.
