PMI-Pool

Overview

This program allows a customer, marketer or agent to combine smaller electric loads so a group can participate in a program with the same features as Power Market Incentives (PMI).

The pool operator (customer, marketer or agent) manages the participating sites. The pool operator is paid a market-based premium for the pool's voluntary electric load reduction when wholesale spot market prices spike.

How it works

Under a special contract, the pool operator agrees to reduce your electric load for a mutually agreeable price, with these conditions:

• Energy buy-back offers can be made at any time during the year.
• A minimum commitment of 500 kilowatts (kW) per PMI-Pool contract (100 kW for each account) is required. The pool operator decides on a case-by-case basis how much load to drop.
• Must have Internet access and an e-mail addressable pager, cell phone or dedicated pager.

Example

If you enroll 500 kW at a bid price of $1/kwh and participate for 8 hours during a buy-back period, the pool credit will be: 500 kW x $1/kWh x 8 hours = $4,000

Penalties apply only if the pool does not honor the kW reduction promised.

Eligibility

A pool operator can organize an electric supply pool. Customers in the pool may be:

• Primary Firm
• Curtailable
• Energy Cooperative
• Interruptible
• General Secondary Demand

Get more information

800-714-7777 ext. 7700