Spring 2013 - Current
Project Details
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Location: Ohio
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2018 Program Savings: 28.2 GWh
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2014-2018 Program Savings: 152.4 GWh
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$0.033/kWh average incentive rate
Overlay Services
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Program Design and Implementation
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Custom Online Reverse Auction Platform
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Marketing and Outreach
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RFQ Response Review and Approval
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Post-auction project implementation oversight
Overview:
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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
Results:
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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
