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Quick take: They are making some pretty aggressive promises about the amount of savings they can produce (up to 50% during peak, up to 30% reduction in bill). Sometimes it is safer to under-promise and then over-deliver. – Jesse Berst
Ontario's Energy Ministry and Ottawa-based Energate – a residential demand response and home energy management provider -- announced a $5.8 million
Half of the money is from the province's Smart Grid Fund, with a match from Energate.
According to the press release announcing the project, participants using Energate’s technology in pilots were able to reduce their coincident peak demand by 50 percent and in some cases reduce their overall monthly bill by up to 30 percent.
“Smart grid technologies are the digital way of the future. It’s like taking our energy infrastructure from rotary phone technology to that of a smart phone. Projects like Energate’s will also help develop the talents and skills Ontarians need for the jobs of tomorrow, said Ontario Energy Minister Chris Bentley. “When cutting-edge technologies and expertise are cultivated in the province, everybody wins.”
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Jesse Berst is the founder and chief analyst of Smart Grid News.com, the industry's oldest and largest smart grid site. A frequent keynoter at industry events in the U.S. and abroad, he also serves on advisory committees for Pacific Northwest National Laboratory and the Institute for Electric Efficiency. He often provides strategic consulting to large corporations and venture-backed startups. He is a member of the advisory boards of GridGlo and Calico Energy Services.
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