Since 2007, Cypress, Ltd. has teamed up with PG&E to help customers reduce peak demands for power and save money through the Shift & Save® program. Expanding upon its success, additional and proven technologies are now eligible for incentives effective 6/1/2010. Designed to pay incentives based on peak loads permanently shifted (kW) to non-peak times, the total potential payments are as follows:
| Key Facts | |||
| For PGE customers choosing Ice Bear® Technology | For PGE customers choosing Chilled Water or Ice on Coil Internal Melt1 | ||
| New construction: Installation Payment | $1,120/kW | New construction: Installation Payment | $500/kW |
| Retrofit: Installation Payment Cut-off Date for measure installed Date2 | $680/kW April 30, 2011 | Retrofit: Installation Payment Cut-off Date for measure installed Date2 | $500/kW April 30, 2011 |
| 2010 Performance Persistence | $195/kW | ||
| 2011 Performance Persistence | $451/kW | ||
Shift & Save® will run through 2011 and will enhance power grid reliability while giving PG&E customers - and California - environmental benefits. Unlike Demand Response, which reduces the peak load on specific days when the power grid is at risk of overload, Shift & Save® using PLS technologies permanently removes daily AC peak loads over the entire peak season. A strategic part of PG&E's green energy focus, Shift & Save® helps protect California against rolling blackouts and reduces the need for construction of new generation plants.
Using PLS technologies, Shift & Save® allows qualified PG&E customers to install equipment that uses less expensive, less polluting nighttime power to create and store cooling for use the next day. Administered by Cypress, Ltd., the Shift & Save® market qualifications include:
1Ice on Coil - Internal Melt (ICIM)
2Please review with Cypress Ltd. based on your specific project requirements.