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Texas Retail Provider Paying $1/kWh for Critical Peak Curtailments
June 23,2015 Ambit Energy, one of the largest retail providers in Texas, will again pay customers $1 per kilowatt-hour of reduced load under its Power Payback critical peak rebate program for the summer of 2015. During critical peak events called by Ambit, customers' reductions are compared to the previous five weekday average for the same time period. Ambit will then multiply the number of kilowatt-hours saved by $1.00 to get the total bill credit. Ambit does not require customers to enroll in the program (but customers must have valid contact information, phone and/or email, associated with their account in order to be alerted about called events), and there is no penalty for not reducing usage. All Texas Ambit customers are eligible to participate provided that they have a smart meter.
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