Presentation on theme: "GoodCents SELECT Advanced Energy Management Program Gulf Power Company Pensacola, Florida."— Presentation transcript:
GoodCents SELECT Advanced Energy Management Program Gulf Power Company Pensacola, Florida
Program Highlights 7200 Current Participants 96% Customer Satisfaction Rating <4% Churn Rate 2006 Goal – 3000 installations Moving into Multi-Family segment this year
What is GoodCents® SELECT ? GoodCents® SELECT is a residential advanced energy management system that gives customers control over their energy purchases by allowing them to program their central heating and cooling system, electric water heater and their pool pump to automatically respond to varying prices.
–The full cost of responding to price changes is much more than the price difference. Customers must act in order to respond. These actions require time and effort. –Lowering the incremental cost of responding should increase the amount of price response. –An in-home, customer-programmed, automated energy management system lowers this cost that customers must bear. Overcoming Pricing Program Hurdles
Major Components Communications Gateway SuperStat RSVP Rate
Rate (RSVP) $0.10 $0.20 Price per kWh High 11.7 Critical 32.6 (Limited To 87 Hrs/Yr) Standard Residential Rate 8.0 cents GoodCents SELECT Participation Charge $4.95/Month Standard Residential Rate 8.0 cents/kWh LOW 5.9 cents MEDIUM 7.1 cents HIGH 11.7 cents CRITICAL 32.6 cents Price Per kWh* * All prices are as of 04/01/05, excluding and/or participation charges and any applicable taxes. These prices are subject to change.
The MainGate ® System WAN Architecture Gulf Power Company Telephone Line VHF Paging Signal Telephone Line Paging
Why is GCS good for Gulf ? Innovative Rate Offering (More Choice) Operational Benefits (Peak Shaving and Valley Filling) Customer Satisfaction FPSC/FEECA Rules
GoodCents Select – Program Economics Significant Real-Time Demand Reduction! –Over 2 kW per subscriber per critical event – 100 event-hours per year is O.K. Event durations of 1 to 3 hours –These demand responses are exactly like quickly dispatchable capacity CTs or Hour-Ahead Spot Market Purchases 80 MW of available critical peak demand response will displace the need for an 80 MW bank of CTs or the need for 80 MW of hour ahead capacity purchases
GoodCents Select – Program Economics Load reshaping can be profit preserving –Moving consumption from higher to lower priced periods reduces revenues and reduces costs but profits can be preserved Program facilitates the promotion of the most economically efficient electric end-use loads and technologies –Off peak end-uses of electricity become relatively more economic – sales can increase
GoodCents Select – Program Evaluation GCS provides other benefits too. –Customer Choice Not Utility Control Enhances Customer Satisfaction Reduces Policing Requirements vs. Direct Load Control Produces Reliable Peak Demand Reductions –Requires No Utility Paid Incentive Customers Save by Acting and Reacting Customers Unwilling to Change Will Not Participate –GCS is Equitable Heaviest Electricity Users are the Target Market Capacity Savings Benefit All Users
Choice, Control, Savings Utilizing rate and equipment menus allows customers choice over their energy purchases Provides customers with more control over their energy bills Customers want choice and control Customers save up to 15% annually Use 3.8% less energy
Consumer Pricing Safeguards Medium Tier Default Gateway programmed not to exceed 87 hours of Critical Pricing Annually 1 hour notification prior to Critical Price being Implemented (Indicator Light on Tstat)
GoodCents ® SELECT The Primary Motivators
GoodCents ® SELECT
When Do We Call a Summer Critical? If Gulf Power interruptible load has been called If the RTP price for an hour exceeds a certain threshold OR if the daily forecast dry bulb temperature at the Pensacola Regional Airport is 95 degrees Fahrenheit or above for that day, call critical based on consultation with System Control If there is an expectation of an annual Gulf Power peak demand for the day
When Do We Call a Winter Critical? If Gulf Power interruptible load has been called If the RTP price for an hour exceeds a certain threshold OR if the daily forecast dry bulb temperature at the Pensacola Regional Airport is 32 degrees Fahrenheit or below for that day, call critical at either hour beginning 0700 or hour beginning 0800 based on consultation with System Control If there is an expectation of an winter Gulf Power peak demand for the day
Load Reductions August 2005 – 2 Critical Days (3 hrs.) Average Peak kW reduction – 14MW February 2005 – 2 Critical Days (2 hrs.) Average Peak kW reduction – 18.5MW
Load Research Results
Easy– Set it and Forget it…..
GCS Multi Family -
Questions?? Contact Me!!! Brian White Gulf Power Company