Proper planning can help reduce energy costs now, and in the future
Nothing feels more welcome on a hot July afternoon than the air conditioner kicking on to let you know that cool, calming relief is near. But, while your house is cooling down, electricity generation plants are all warmed up and running full tilt to reliably serve everyone’s needs.
Boone REMC is part of a complex system that must be prepared to meet those highest power demands all year long. This is similar to the way a mall parking lot may seem larger than needed. When you pass by on most days, most of the spots are empty. Yet on the day after Thanksgiving, customarily the busiest shopping day of the year, the parking lot may be crammed with cars – and more ready to pounce when a spot opens. Boone REMC has to build or buy enough capacity to fulfill everyone’s needs on that one hottest day (or coldest night) of the year.
Simple Supply and Demand
Like other products, the rules of supply and demand apply to electricity. When businesses are operating and everyone is running their A/Cs on a hot summer afternoon, electricity prices on the markets can soar because everyone needs it. You may not see these price differences on your home’s electric bill because Boone REMC may average all of these costs into one amount per kilowatt-hour (kWh) regardless of the time of day you use the power. Eventually, high demand days can lead to higher average costs for everyone overall.
Your Plans Can Save!
This is where you come in! You can easily reduce your energy use during times of peak demand, providing savings for yourself and Boone REMC. Even simple steps like raising your thermostat a few degrees and closing the shades against the hot summer sun can play a part in reducing the energy that Boone REMC needs to provide.
Additional steps that can save even more and improve the comfort of problem areas of your home include air sealing and adding insulation. Properly sized and tuned high-efficiency HVAC equipment can also reduce demand during peak times.
Co-op Offers Savings Programs
Boone REMC offers free advice and power saving programs to shift energy use to times when electricity is in less demand; doing this, it can save the cooperative and its generation and transmission cooperative from having to build new facilities. This new construction can lead to higher long-term costs Boone REMC and its members. Everyone can have a role in reducing long-term energy costs for the local electric cooperative – which, in turn, can help minimize the costs you will have to pay in the future as well.