FOCUS ON ENERGY - BID FOR EFFICIENCY REVERSE AUCTION

2017 - 2018

Project Details

Location: Wisconsin (Statewide)
2018 Savings: 29,313,935 kWh
2018 Demand Savings: 239 kW
2018 Natural Gas Savings: 100,000 MMBtu
$157,280 in Auction Incentives

Overlay Services

Program Design and Guidelines
Targeted Telephone Marketing and Outreach
Online Auction Platform Hosting
Participant Training
Program Participant Survey and Report
Winning Bidder Project Tracking

Overview:

The Bid for Efficiency Program utilizes a real-time online reverse auction that drives down incentive rates achieving the lowest incentive cost the market will bear

The auction program 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

Focuses on large commercial and industrial customer targets

The program offered additional incentive funding to auction participants who did not place a winning bid at a “Buy Now” rate

Results:

Over 29 GWh saved in 2018

Over 239 kW saved in 2018

Over 100,000 MMBtu of natural gas saved in 2018