Savings on Demand
SavingsOnDemand
Rewarding your business for reducing energy.
Get up to $60 per kW off your facility's energy bill every year for helping reduce energy use!
With SavingsOnDemand®, your business can earn rewards every year by agreeing to scale back energy demand during infrequent occasions of grid emergencies that may occur in your community when energy use is at its highest. Additionally, if you are flexible enough to reduce your energy use during non-emergencies, as requested by Duke Energy, your business can opt to earn even more incentives. Plus, we can assign an energy consultant to assist you in determining your commitment level and curtailment strategy to help you maximize the amount you can earn.
It’s easy to participate. Choose the best option for your business.
Enrollment Option |
Reward |
| Standard (100 kW minimum) | $48/kW per year for load available for emergency curtailment |
| Advantage (3,000 kW minimum) | $60/kW per year for load available for emergency curtailment |
| Demand Flexibility: Optional Add-On | 10 cents for each kWh reduced during non-emergency events |
How it Works
- Specify interest – Let your account manager know your projected demand level and whom we should work with at your facility. You can also provide this information to DRIndianaProcessing@duke-energy.com.
- Free consultation – An expert will review the energy attributes of your facility, evaluate and advise on your demand and energy curtailment ability and help create a dispatch plan. Advantage level participants can also request a professional, on-site demand response assessment.
- Test curtailment – Your consultant will then work with you to schedule a test to validate your curtailment amount and dispatch plan, following your regional transmission authority’s guidelines.
- Enroll – Once your curtailment levels are validated, you may officially complete enrollment in the program and start receiving your rewards in the next program year.
How it Helps
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Good for the environment
This program helps preserve natural resources and delays the need for new power plants and transmission lines.
Greater energy savings
You are helping keep energy costs low for your business and other customers across the region.
Less electric load on the grid
You and other customers are helping us to reduce electric load during peak conditions in Indiana.
Program Details
Commit to reduce electrical demand by a minimum of 100kW during emergency curtailment periods and receive an annual capacity credit of $48 per kW in monthly installments applied to your energy bill, even if no emergency occurs. This credit amount assumes a consistent demand profile throughout the contract period. Actual credit payment could be higher or lower, depending on your actual energy demand, measured on a month-by-month basis.
For all emergency events, you will also receive a load reduction credit based on the total energy you reduced at the rate of $.05 per kWh. If you also select the ‘Demand Flexibility’ add-on, this load reduction credit is increased to $.10 per kWh. Plus, you have at your disposal a dedicated energy consultant to assist you with determining your optimal curtailment level and dispatch plan.
For all emergency events, you will also receive a load reduction credit based on the total energy you reduced at the rate of $.05 per kWh. If you also select the ‘Demand Flexibility’ add-on, this load reduction credit is increased to $.10 per kWh. Plus, you have at your disposal a dedicated energy consultant to assist you with determining your optimal curtailment level and dispatch plan.
Commit to reduce electrical demand by a minimum of 3,000 kW during emergency curtailment periods and receive an annual capacity credit of $60 per kW in monthly installments applied to your energy bill, even if no emergency occurs. This credit amount assumes a consistent demand profile throughout the contract period. Actual credit payment could be higher or lower, depending on your actual energy demand, measured on a month-by-month basis.
For all emergency events, you will also receive a load reduction credit based on the total energy you reduced at the rate of $.05 per kWh. If you also select the ‘Demand Flexibility’ add-on, this load reduction credit is increased to $.10 per kWh. Plus, you have at your disposal a dedicated energy consultant to assist you with determining your optimal curtailment level and dispatch plan. This energy consultant will also perform a one-time demand-response onsite assessment on a site of your choosing.
For all emergency events, you will also receive a load reduction credit based on the total energy you reduced at the rate of $.05 per kWh. If you also select the ‘Demand Flexibility’ add-on, this load reduction credit is increased to $.10 per kWh. Plus, you have at your disposal a dedicated energy consultant to assist you with determining your optimal curtailment level and dispatch plan. This energy consultant will also perform a one-time demand-response onsite assessment on a site of your choosing.
Demand Flexibility is an optional add-on to either the Standard or Advantage level contract, and it allows you to earn additional credit payments for reducing your electrical demand by a pre-determined level during non-emergency curtailment periods, which are initiated at Duke Energy’s discretion. Instead of paying an annual credit based on committed kW capacity level, you instead are paid based on the amount of total energy you actually curtail during these events, in the amount of $0.10 per kWh. Also, selecting this option doubles your load reduction credits earned for emergency events, from $.05 per kWh to $.10 per kWh.
Additional Resources
Customer Handout
Read how SavingsOnDemand can help significantly reward your business for reducing energy. (PDF)
Shift energy use. Get rewards.
Earn incentives for shifting your energy use away from periods of unusually high demand.
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