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KANSAS CITY POWER & LIGHT (KCP&L)
BLOCK BIDDING REVERSE AUCTION
2016 - 2019
Project Details
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Location: Kansas City Metropolitan Area
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2018 kWh Savings: 6,214,464
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2018 kW Savings: 777
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Over $400,000 in Auction Incentives
Overlay Services
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Program Design and Guidelines
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Targeted Telephone Marketing and Outreach
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Online Auction Platform
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Participant Training
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Program Participant Survey and Report
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Winning Bidder Project Tracking
Overview:
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The Block Bidding Program utilizes a real-time online auction that drives down incentive rates achieving the lowest incentive cost the market will bear
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Block Bidding allowed commercial and industrial projects to apply for auction rebates that would be calculated in addition to existing Focus on Energy prescriptive and custom rebate offerings
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Focuses on large commercial and industrial customer targets
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The program offered additional incentive funding to auction participants who did not place a winning bid at a “Buy Now” rate
Results:
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Over 6.2 GWh saved in 2018