The Ontario government is chipping in $1.35 million for a pilot project from PowerStream and Energate Inc. that will give consumers the ability to respond to electricity pricing changes during peak times. So rather than just adjusting behaviour based just on peak-time pricing, homeowners will be able to react to what is referred to as “dynamic pricing.”
The implementation of demand response can help utilities better manage their peak electricity demand while also giving consumers the tools they need to save money on their monthly bills, according to Scott McKenzie, VP of operations at Ottawa-based Energate Inc.
A successful electricity conservation pilot from Greater Sudbury Hydro and Ecotagious Inc. that resulted in a household average of 3% energy savings over the winter has resulted in a broader rollout. Now residential customers in the Northern Ontario Wires and PUC Distribution Inc. territories will also get to benefit from greater conservation capabilities.
Distributed intelligence and IT system convergence, and other factors, across all utility operations are among the drivers of increased smart technology spending over the next 10 years, according to data recently released by Navigant Research.