Financials

FinancialsThere is no question that utilizing FADRS® for all available DR programs can generate hundreds of thousands of dollars per MW in secondary income per year. However, the greatest savings comes from using FADRS® to save energy ALL THE TIME outside of events. This energy savings is not just limited to electricity, but includes oil, gas, propane and other fuels, and even water.

FADRS® Product Suite offers a variety of ways to save money. -Learn More-  However, savings for each participant can vary depending on the amount of energy usage that can be reduced, or shed, during an "event".

In addition to the 10% - 40% reduction in energy bills that FADRS® clients experience through the 24/7 Energy Savings module, a secondary revenue stream is created by participating in demand response programs.

Utilities will pay end users for being on "stand by"; simply ready and willing to shed load when an event occurs. Additionally, depending on how much load is shed during an event, utilities will disperse further payments for successful participation during events.

The result when FADRS® modules are used is drastic reduction in utility bills, and then additional revenue from the utilities for participation in various programs.

FADRS® clients experience a 1 - 3 year payback on their investment. However, the FADRS® team will do a comprehensive analysis to determine the best methods and opportunities available for each end user, therefore minimizing payback times and maximizing ongoing savings.

A great example of secondary revenue stream being realized by and end user is utilizing the FADRS® Capacity Program. End users will recieve and incentive of approximately $40,000 - $50,000 dollars per Megawatt, per year, that can be shed during an event. (Actual amount is dependant on USA location and Aggregator Used; the average rate is $40,000 - $50,000 dollars per year, per megawatt of electric load reduced) If the end user agrees to shed 4 Megawatt during an "event", that end user will realize a secondary income stream of approximately $160,000 per year, payable in 12 payments from the utility, regardless of how many (or if none) "events" occur. because FADRS® is completely automated, end users are able to shed more load and maximize on their financial benefits.

What is Demand Response

Demand response programs exist in energy markets across North America, and each region has opportunities that help meet their unique energy reduction goals. This is actually an "insurance policy" for the ISO that they can rely on during the hottest, most humid summer days when the demand for electricity approaches the available supply.

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What is Smart Grid?

The goal to developing a "Smart Grid" is to upgrade our electric grid to be more efficient, more reactive to real-time grid conditions, and promote more sophisticated demand management strategies. Commercial & Industrial implementation of Demand Response are the most effective form of smart grid implementations, and among the most complex. 

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