Program Overview
Summary
BYOT slightly adjusts SRP customers' thermostat during peak electric demand periods to utilize energy more efficiently, saving on energy costs, taking strain off the grid, potentially reduce those peaks and getting credit on their energy bill. $75 bill credit for joinging the program.
Actionability
SRP residential electric customers can enroll in the program, reap the savings (both program credit and energy usage savings) and take the strain off the grid, allowing SRP to better manage the peak hours and help reduce the peaks.
Justification
Individuals can effortlessly save on energy as their thermostat will be adjusted slightly during peak hours by SRP. Participants receive a $50 bill credit per device after being accepted into the program and a $25 bill credit per device at the end of the summer season for participating. Up to 2 devices per customer will be incentivized.