The Pittsburgh Tribune-Review reports:
Using less electricity will become more lucrative for Pennsylvania universities, government agencies and industries when coal-fired power plants close during the next several years.
A regional power-management group is boosting payouts to organizations that conserve voluntarily, offering money if they curtail demand on summer’s hottest days. Maximum payouts will climb about 33 percent by 2017, management group PJM Interconnection told the Tribune-Review.
The move should help contain power prices for residential customers and small businesses by easing pressure on limited supply, industry observers said.
“It really is just supply and demand,” said Stu Bresler, a vice president with Montgomery County-based PJM. “If customers are able to shift their demand, there would be less need for additional capacity for generation or transmission.”