Even the cost of air conditioning runs according to the laws of supply and demand; energy costs more and the main grid is stressed to maintain consistent power output between 3 and 7 p.m. Since utilities companies face added costs during this time, the price for the consumer increases.
This strain is so problematic that many utility companies have put incentive programs in place to reduce their consumption: for a discount on their energy bill, customers can opt to participate in a program that helps utilities to lower the amount of energy flowing to their house or business during peak demand. The details vary, but reducing the amount of energy available to 75% during 4-7 days of the year is common and very beneficial to the company.
To negate these costs, an Oak equipped facility can program its air conditioning plan to heat and cool during off-peak hours. This is a win-win situation for both customers and utilities companies who see a reduced strain on their systems during peak demand: on one hand, the customer sees a direct cost reduction in the installation of their Oak optimizer. This is sometimes based on Kwh savings but often comes in the form of a flat deduction of $25-$75 off the energy bill. On the other hand, utilities companies get to reduce their consumption, reduce strain on their systems, and eventually lobby local governments for rewards related to lowering consumption. These programs are in place to save everyone money and energy.
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