Responsive Economic Dispatch
What is Responsive Economic Dispatch?
Our Responsive Economic Dispatch (RED) program is a simple and easy solution to monetize energy consumption during periods of high demand. RED offers a pathway to energy savings and improved business metrics for your organization no matter your current energy plan.
- Receive day-ahead notifications of energy reduction opportunities
- Participate and earn bill credits without having to worry about performance penalties
- Get access to our experience and market expertise. We develop a reduction action plan that details ways you can reduce energy usage to meet your kW reduction commitment and helps you feel confident about curtailing load
Benefits of a Responsive Economic Dispatch program
Plan highlights
Our RED program helps you save on energy costs and avoid high real-time prices and market volatility.
Earn bill credits no matter the energy plan you are on, plus:
- Flexible product options and structures
- Competitive pricing versus your regional demand/reliability programs
- Credit for participation with additional variable credits for performance
- The more you participate the more credits you receive — there are never any penalties
- Credits are settled on your bill at the end of the season
- Supplemental to other demand/reliability programs
- Advance notifications minimize disruption to your business
- Reduction action plans for customers who need assistance with ways to reduce to their committed kW level
Recommended for
Any customer with flexible load during peak summer and winter hours.
CENTRAL TEXAS INDEPENDENT SCHOOL DISTRICT
Monetizing flexible load by participating in demand response was nothing new for NRG’s customer, a central Texas independent school district (ISD). With a prototype for reducing-on-notice already in place, they wanted to extend this model across their deregulated locations to put money back into their district budget—with minimal disruption to their operations.