Shift & Save® is a unique program that permanently reduces the peak demand of the electric grid by incentivizing the installation and usage of Permanent Peak Load Shifting (PLS) technologies, specifically, chilled water or ice storage1. Unlike Demand Response, which reduces the peak load on specific days when the power grid is at risk of overload, PLS technologies permanently removes daily AC peak loads over the entire peak season. Designed to ensure continued power reliability, participation in Shift & Save® offers a viable means to contribute to a more sustainable way of doing business.
There is a limited budget for customer incentives and the program ends in December 2011. Customer reaction to Shift & Save® has been very positive. We encourage you to contact Cypress, Ltd. soon regarding your Shift & Save® incentives. To learn more about Shift & Save®, please contact Ruby Irigoyen at the Cypress, Ltd. Customer Service Center at 1-877-811-8700 or email support@cyp-res.com.
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:
| 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 Date | $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 | $515/kW | ||
1Internal Melt, Ice on Coil or Ice Storage Air Conditioning
2Please review with Cypress Ltd. based on your specific project requirements.