1. Power Efficiency Corp. Wins 2-Year 12 MW Bid in Con Edison BQDM Auction

    Power Efficiency Corp. Wins 2-Year 12 MW Bid in Con Edison BQDM Auction

    Power Efficiency Corp. won its bid to provide Con Edison 12 MW of demand response energy in the summer months of 2017 and 2018. The auction was part of the innovative Con Edison program to defer $1 billion in infrastructure expenditures required for Richmond Hill, Ridgewood, and Crown Heights networks in Brooklyn and Queens by reducing 52 MW of peak load in the BQDM area through a combination of customer sided solutions (41 MW) and non-traditional utility sided solutions (11 MW). Con Ed sought 41 MW in commitments for 2017 and 2018 from companies, with an objective to use these demand side resources to reduce peak summertime loads on the electric grid in this territory.

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