AEP OHIO​

Spring 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

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Overlay 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

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• Custom online auction used to determine rebate values at a price per kWh

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• Technology-specific online auctions to determine rebate values

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• Customer incentive awards available from $25,000 to over $1,000,000

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Results:

• The B4E Auction delivered 28.1 GWh of savings during the 2018 calendar year

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• 2014-2018 Program Savings: 152.4 GWh

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• $0.033/kWh average incentive rate