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SRP Demand Management

SRP Demand Management

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UNDERSTANDING SRP’S DEMAND MANAGEMENT

Combining your solar installation with SRP’s Demand Management System will allow you to maximize your solar power usage and minimize your utility bill. Find out how SRP Demand Management can save your money!

A contemporary house featuring solar panels on the roof and a swimming pool.

Yes we service SRP Customers: Yes Solar Still Makes Sense

SRP Demand Management, Ability to Stabilize Energy

The concept of demand management is to utilize an amount of energy required to run a home. In addition, this concept provides an opportunity for the house’s power to be used more efficiently, resulting in a stabilized use of energy. While avoiding peaks and valleys of unstable electric use, one may find that a significant amount of money has been saved. Furthermore, the concept of SRP’s demand management protects your wallet and most importantly our ecosystem.

Peak-Shaving

During the early morning hours while one begins to prepare for their workday it is known that energy reaches a peak. The peak is generated by the amount of energy used from routined habits we may exhibit. For example, showering, lighting, and television. During these peak hours rates for electricity skyrocket.

Utilizing solar panels allows one to avoid the high rates of peak hour as they generate most of its power throughout the peak hours. Furthermore, aligning your solar panels with SRP’s Customer Generation Price Plan, the lowest of any SRP residential price plan, only results in a winning combination: saving money while using the same amount of energy but more efficiently.

Graph depicting peak shaving using battery energy storage systems.

What Is Demand vs. Consumption?

The difference between demand (KW) and consumption (KWH) is vital to your choices in reducing your energy costs. A simple way to see the difference between demand and consumption is by considering the following example.

LIGHTING EXAMPLE: One 100-watt light bulb burning for 10 hours consumes 1,000 watt-hours or 1 kWh. The entire time it is on, it requires or “demands” 100 watts or 0.1 kW from the utility. That means the utility must have that 0.1 kW ready whenever the customer turns the lamp on.

Comparison of demand versus energy consumption between two cars.

How does a home battery help in eliminating demand fees and providing outage security?

A home battery effectively eliminates demand fees by storing excess solar energy for later use during costly on-peak hours. By discharging stored energy during peak times, homeowners avoid the need to purchase electricity from the grid when prices are highest. Additionally, these batteries can be customized to power essential appliances during power outages, thereby offering an added layer of security to the home.

What are some success stories of SRP customers who have saved on their bills using solar solutions?

The success stories from SRP customers who have saved on their bills by utilizing solar solutions include testimonials from Michael in Chandler, Betty in Gilbert, and Sue Norton-Scott in Chandler. Michael in Chandler saw significant savings on his SRP bills, while Betty in Gilbert reduced his daily energy consumption substantially. Additionally, Sue Norton-Scott in Chandler was able to lower her home’s temperature by five degrees and achieve a 68% decrease in her electricity bill. These real-life accounts showcase the tangible benefits that SRP customers have experienced through the use of solar solutions.

What are the two options that can be combined with traditional solar panels to squash SRP’s demand fees?

The two options that can be combined with traditional solar panels to squash SRP’s demand fees are a demand manager or a home battery.

What role does demand mitigation technology play in addressing demand spikes and lowering bills for SRP customers?

Demand mitigation technology plays a crucial role in addressing demand spikes and lowering bills for SRP customers by reducing the need for energy purchased from the grid beyond what the solar panels provide, thus minimizing peak demand charges.

How can demand fees be successfully reduced for SRP customers?

Successfully squashing demand fees for SRP customers requires adding demand mitigation technology into the solar array.

What is the primary basis for the peak demand charge in SRP’s billing cycle?

The primary basis for the peak demand charge in SRP’s billing cycle is the highest single 30-minute energy demand during the billing cycle.

What factors contribute to demand spikes for SRP customers?

Demand spikes for SRP customers occur when a homeowner turns on numerous high-energy appliances simultaneously during on-peak hours.

How is the cost of energy purchased from the grid determined under SRP’s model?

The cost of energy purchased from the grid under SRP’s model is primarily based on total kilowatt-hours consumed plus a peak demand charge for the highest single 30-minute energy demand during the billing cycle.

A family observing a solar panel with a child, exploring sustainable energy options.

How Can I Benefit From This Plan?

So, you might ask, “why doesn’t the utility bill all customers for demand and consumption?” Seems like that is only fair. And it would be, but the fact is that most homes have a pretty similar demand profile and the meters capable of measuring both demand and consumption are much more expensive. Far too expensive to justify having one on every home. Utilizing SRP’s Demand Management System, you’ll have significantly more control over your energy demand, can better take advantage of off-peak power, and most importantly save significantly on your energy bill.

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