Download presentation
Presentation is loading. Please wait.
Published byDiane King Modified over 9 years ago
1
Northumberland Manufacturers’ Association Lakefront Utilities Information Session – Dereck Paul 1
2
Lakefront is a subsidiary of the Town of Cobourg Holdings Inc. Visit our website at: www.lusi.on.ca
3
We distribute ELECTRICITY safely and reliably to customers in Cobourg and Colborne. Lakefront also provides WATER and FIBER OPTIC services and sells and distributes INDUCTION LIGHTS, LOW FLOW TOILETS and other conservation products through other subsidiary companies.
4
Managing your electricity costs Reducing electricity costs boosts your bottom line Five Keys to Managing Electricity Costs: 1.Understand how you’re billed 2.Know where you stand today 3.Control your electricity use 4.Invest in an energy management plan 5.Cash in on incentives
5
Electricity Costs on Bill – How much you use and how fast you consume There are two main drivers that influence the final price you pay – consumption and peak demand. These two variables are used as multipliers on the electricity bill – which means that you will need to manage both consumption and peak demand in order to bring costs down. The number of kilowatt hours on your bill shows how much electricity was consumed within each billing period. This is your consumption or energy charge. Demand is a measure of how fast energy is consumed at any one time. The highest level of demand during a billing period is peak demand.
6
Peak Demand Charge Peak Demand, this is the measure of the highest level of demand in kilowatts (kW) or kilovolt-amperes (kVA), in any given 15 minutes interval reading, during the specified billing period. It’s a measure of how quickly you draw electricity from the system. Visit the IESO website for more details: http://www.ieso.ca/imoweb/siteshared/electricity_charges.asp?sid=md http://www.ieso.ca/imoweb/siteshared/electricity_charges.asp?sid=md
7
Load Shifting Large businesses pay the market price for electricity rather than the flat- rate price residential and small businesses pay. Costs are based on: How much is used, peak demand and the time of day it is used. With these variables, there many opportunities to save electricity. By managing peak demand and using your interval meter to take advantage of price fluctuations, you can lower your electricity costs. Operating a lot of equipment simultaneously, even for a short period of time, may spike your peak demand, resulting in unnecessary charges. Running machinery in sequence will help keep demand charges down even though you are consuming the same amount of electricity. You can reschedule operations according to pricing patterns. If there are processes you can run over night, or early in the day, it's likely you'll generate significant savings. To do this, you will need to familiarize yourself with the factors that influence prices and monitor demand and price activity. Visit the IESO website for more details.
8
An Energy Management Plan Invest in an energy management plan. An energy management plan can boost your bottom line over the short and long-term. Understanding how you incur costs for electricity, how you use it, what changes you can make in your operations to become more energy efficient – and then putting the plan into action – can significantly reduce your costs.
9
ENERGY FINANCIAL INCENTIVES Creating a Culture of Conservation
10
Incentive Programs Emergency load reduction program www.ieso.ca/ELRP Conservation and Demand Management http://www.lakefrontutilities.on.ca/conservation-demand- management.php Provincial Programs by Ontario Power Authority www.conservationbureau.on.ca Natural Resources Canada www.oee.nrcan.gc.ca
11
Electricity Retrofit Incentive Program (ERIP) The Electricity Retrofit Incentive Program is an incentive program designed to encourage high- efficiency electricity retrofits to existing structures. Visit: http://business.everykilowattcounts.com/feature/ERIP/index.phphttp://business.everykilowattcounts.com/feature/ERIP/index.php Applications can be found at: http://business.everykilowattcounts.com/feature/ERIP/forms.php http://business.everykilowattcounts.com/feature/ERIP/forms.php
12
ERIP The Electricity Retrofit Incentive Program (ERIP) gives you the most energy-efficient solutions to improve your bottom line. Whether you're retrofitting from a prescribed list of options or doing a custom job which is unique to your building, ERIP offers incentives based on electricity savings, so there’s something for everybody.
13
ERIP Measures and Incentives Prescriptive measures include the following: Lighting Fluorescent lighting systems (T8, T5, CFLs) Metal halide lighting systems LED "EXIT" signs Occupancy sensors Motors Three phase premium efficiency motors 1-200 hp Cooling equipment Unitary A/C units up to 25 tons that are energy star qualified or CEE compliant The project must be completed within an existing building New construction projects do not qualify for incentives The minimum incentive that an applicant must qualify for is $250 except when submitting the motors worksheet. There is no minimum incentive qualification for motors
14
Complimentary funding can be sought from the following agencies and programs: CIPEC ecoEnergy Retrofit Incentive for Buildings Energy Retrofit Assistance (ERA) for Commercial and Institutional Buildings ERA for Retrofit Planning Energy Star Qualified Products Industrial Buildings Incentive Program (IBIP)
15
Thank You
Similar presentations
© 2024 SlidePlayer.com. Inc.
All rights reserved.