PORTLAND, Ore., (KTVZ) — Pacific Power is offering a new energy program called Optimal Time Rewards for residential customers across Oregon and Washington to help customers manage costs while creating a more resilient and sustainable grid.
Participants in the Optimal Time Rewards program can earn incentives of up to $50, plus ongoing annual incentives, by partnering with Pacific Power to more effectively manage spikes in demand and fluctuations of power supply. Optimal Time Rewards is one of a portfolio of energy efficiency and demand response programs Pacific Power is offering to help keep energy costs low for everyone through the use of smart technology.
There are two ways to participate. Residential customers can enroll a smart thermostat connected to electric heating or cooling equipment, and customers in multifamily housing can also enroll an electric water heater.
Participants benefit from ongoing incentives in exchange for allowing the utility to make minor adjustments to their thermostat or to manage their water heater consumption for brief periods when electricity demand is high.