The Shift & Save® Peak Load Reduction programs are not taking any new customers projects effective 12/31/2011. If you have a storage project that could be available in 2012 or 2013 please call our customer service center at 1-877-811-8700 or send us your info at support@cyp-res.com and we can discuss your project. A new set of thermal energy storage and other storage programs will be introduced at some point in 2012 so please stay in touch with us. All prior program incentive applications and payments are subscribed and closed effective 12/31/2011.
Thank you for all your support and participation for making this first round of California's Peak Load Shifting efforts a tremendous success!
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 | $515/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.