CAPACITY CHARGE MITIGATION PLAN
The Australian Energy Market Operator (AEMO) recently published the official peak intervals for the 2019-2020 Hot Season and we can confirm that HFM successfully forecasted 4 out of the 4 peak days!
What does it mean for the subscribed sites?
HFM may have provided a tailored action plan or they may have derived their own. In any case, if the action plan was properly implemented on site during the alert days advised via email by our team, the subscribed sites should experience savings in their Capacity Charge for the next Capacity Year (commencing 1 October 2020).
How to subscribe?
Each year, we open subscriptions from 1st of April to the 1st October. We recommend signing up for the program during this timeframe to allow time for the building’s unique Action Plan to be developed and for our clients to make any required preparations to implement the relevant actions during the Hot Season; however any clients interested in joining the program outside the mentioned timeframe are also welcome to do so.
If you are considering joining HFM’s Capacity Mitigation Plan service, don’t hesitate to contact us to discuss any questions you might have regarding this service. ([email protected] / 1300 021 420)
About the program
HFM has been running the Capacity Charge Mitigation Program since the 2017-18 Capacity Year for clients across all sectors. The program consists of reducing energy consumption during summer, on nominated days at specific times (advised by HFM’s knowledgeable team) and has proved to be successful.
Saving of a combined total over $601K during the 2017-2018 Capacity Year was achieved and a combined total of over $780K during the 2018-2019 Capacity Year. Individual reports for our valued clients, as well as the overall results for the 2019-2020 Capacity Year are currently being prepared.
We would like to take this opportunity to thank our subscribers, for the ongoing trust and involvement in this process, we look forward to continuing working together to deliver further savings going forward.