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
Our 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