10 Jun DREMC to activate Beat the Peak™ on Monday, June 13
Very hot and humid conditions into next week mean high demand for electricity due to air conditioning across the region. Duck River Electric Membership Corporation (DREMC) plans to activate Beat the Peak™ and take other actions to reduce power consumption on Monday, June 13, when the peak is expected between 4 and 6 p.m.
Southern Middle Tennessee residents and businesses served by DREMC are asked to remember that TVA wholesale power costs skyrocket to more than $10 per kilowatt-hour during the peak demand period. Summer peaks usually occur in the late afternoon.
Monday’s high temperature could reach 95 in much of DREMC’s service area, with the heat index rising above 100 degrees.
Beat the Peak™ is a voluntary residential demand reduction program. E-mails, texts and radio alerts are sent out in advance of expected peaks. Co-op members are asked to reduce household electricity use during a two-hour “window” when the highest demand is expected.
DREMC encourages members to raise air conditioning thermostats two to three degrees during the peak hours. They can help by turning off lights in unoccupied rooms; not using ovens and dish washers; delaying laundry (especially running the clothes dryer); and reducing hot water use. It is also a good idea to switch off swimming pool pumps until the peak has passed.
“The more that co-op members respond to peak alert warnings, the greater our ability to avoid the impact of wholesale power price penalties associated with extreme temperatures,” says Michael Watson, DREMC’s president and CEO. “We all save by working together.”
More than 13,000 DREMC members receive Beat the Peak™ messages. Thousands more hear peak alerts on local radio stations or are notified via social media.
A peak alert doesn’t mean there is a power supply emergency. It is a reminder that high demand increases the cost of wholesale power and affects what DREMC must pay TVA.
Commercial and industrial members participate in a similar demand reduction program through DREMC. The co-op also turns off air conditioning and lighting at its offices and other facilities during peaks.
DREMC pays TVA millions of dollars each month in demand charges, but during a peak the price of wholesale power is the most expensive. It can increase up to 12,500 percent from the regular wholesale rate.