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Con Edison offers rich, new initiatives for reduced peak energy use

Posted by Industry News on Mar 19, 2014

New York City utility Con Edison is offering significantly higher incentives for landlords to reduce their power consumption during summer-time peak hours. The richer rewards for participation in demand response are part of an effort to see how much electricity consumption can be reduced in case the Indian Point nuclear power plant, which provides 20% of the city’s power, is shut down when its license expires in 2016. Con Ed is also offering incentives for load-shifting technologies like battery and ice storage. Read more here