Basic economics dictate how energy prices change: it’s simply a matter of supply and demand. As demand for energy increases, the cost of producing energy to satisfy that demand increases as well. As a result, overall energy costs (both in terms of production costs and cost to the energy participant) will increase. The alternative to new power plant construction is to manage the demand for energy, using price-sensitive responses to encourage electricity consumers to reduce their electric demand at critical times.
EnergyConnect, Inc. unlocks the potential of intelligent building automation control systems and communication networks by enabling its participants to participate directly in wholesale energy markets. EnergyConnect extracts significant economies by fully integrating energy use with energy supply and delivery. What exactly do we mean by ‘significant economies?’ learn more and even calculate your potential revenue at Turn Energy Into Cash.