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Article: NYPA Activates Peak Load Management Program; New York City Customers Cut Peak Demand by More Than 50,000 Kilowatts.
- Article from:
- Business Wire
- Article date:
- July 2, 2002
CopyrightCOPYRIGHT 2002 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Business Editors
To accommodate increased demand for electricity resulting from extreme summer heat, the New York Power Authority (NYPA) today activated its Peak Load Management program (PLM) to help reduce power usage during peak-demand hours.
The action will cut electricity use in New York City by more than 50,000 kilowatts (kw), an amount equivalent to the output of more than one small power plant.
NYPA customers participating in its Peak Load Management Program receive $40 for each kilowatt of electricity they commit to save when called on during the high-demand months, from June through September. The Power Authority may make such requests ...