Put Some Savings in Your Pocketbook with Demand Response
September 07, 2017
Demand response programs from your utility can help. These programs give you the option to reduce your energy usage during high demand in exchange for incentives such as bill credits or rebates.
What is demand response: During heat waves, everybody turns on their A/C, which puts a huge strain on your electricity provider. Demand response is a utility program that offers you incentives to reduce electricity usage during these peaks.
When it happens: Peak demand typically occurs on weekdays between 4 and 7 p.m. This is when most families get home from work or school and watch TV, start dinner, and do dishes, laundry and other household tasks.
Here's how it works:
Before: Based on energy use patterns and weather forecasts, your utility company can predict when it will be most expensive to provide power. Sometimes, it's actually less expensive for utilities to pay customers to cut down on their usage than to produce or buy the electricity. When that happens, customers who have enrolled in the program are notified of the upcoming demand response event. Your house may even be automatically pre-cooled right before the peak so your system can work less during the peak.
During: The temperature or cycling rate of your system may be adjusted to reduce energy.
After: Your home goes back to being cooled normally.
What if you get hot? Most programs are voluntary. That means you can always opt-out.
Why this benefits you:
> Doing your part when electricity is most expensive helps keep rates lower for everyone.
> You're rewarded through rebates, credit on your bill and other incentives.
> How much you earn depends on the specific programs offered by your utility.
How do you sign up?
> Visit Honeywell's Demand Response page to find utilities that are offering demand response programs.
> Find an eligible Honeywell smart programmable thermostat here or provide your own smart thermostat that's eligible for your utility's program.
> Select the offer or rebate program best suited to you and contact your energy provider's help desk to sign up.
> To find out how to save more in your area please visit yourhome.honeywell.com/rebates.
> Watch this video to learn more about demand response.