What is demand response?
Demand for electricity increases on hot summer days and cold winter days. These periods of high demand can strain the grid, raising electricity costs, and potentially causing brownouts or black outs.
Utilities manage these high load periods with “demand response” (DR) programs that create incentives for their customers to reduce or shift their electricity use to periods of lower demand.
With Fermata Energy’s V2X software platform, customers can participate in demand response programs and earn money from their local utility by sending (discharging) energy stored in an EV battery to the grid during these peak times.