It’s recently come to our attention that there are some fairly substantial market changes that are impacting commercial customer electricity statements. These market changes have to do with something called the 4 Coincident Peak (4CP) program. If you participated in this program in 2016, then you might have already noticed that your utility has sent you new charges. The reason for this is because they have determined that your meter’s “demand element” has changed. But what do these changes really mean? What is the 4CP program and why are utilities suddenly applying new charges? And how can you benefit from...
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