Why the Need for these Services?

The most striking characteristic of the emerging “deregulated” wholesale electric energy market is the extreme volatility of spot market prices. Very high prices are reached when demand for energy approaches maximum capacity. It is estimated that a reduction of as little as 2% in demand during peak periods can reduce wholesale prices by 30 to 40%. Since many customer’s pay for energy use by both time of use and peak demand required, the ability to manage customer energy end use by reducing or shifting load (kW or demand) quickly and effectively can result in significant cost savings to the customer.

What is Nxegen’s Capability and How Does it Work?

Load Management Services include the installation of non-intrusive wireless devices that allow Nxegen to control specific energy loads with no customer involvement or effort. Nxegen’s ENOC links directly with customer end devices via its wireless communication network to maximize costs savings on a continuous/sustainable basis.

How can the Customer benefit from these Services?

Nxegen’s Load Management Services provide a turnkey solution to lower energy costs with less risk in a deregulated energy market.