AEP Ohio
2013-current
Project Details
Location: Ohio
2018 Program Savings: 28.2 GWh
2014-2018 Program Savings: 152.4 GWh
$0.033/kWh average incentive rate
Our Services
Program Design and Implementation
Custom Online Reverse Auction Platform
Marketing and Outreach
RFQ Response Review and Approval
Post-auction project implementation oversight
Overview:
The AEP Ohio Bid4efficiency Reverse Auction has continued to deliver diversified commercial and industrial incentives through a competitive online reverse auction since 2014
Custom online auction used to determine rebate values at a price per kWh
Technology-specific online auctions to determine rebate values
Customer incentive awards available from $25,000 to over $1,000,000
Results:
The B4E Auction delivered 28.1 GWh of savings during the 2018 calendar year
2014-2018 Program Savings: 152.4 GWh
$0.033/kWh average incentive rate
