Honeywell and Texas-based CPS Energy have kicked off a two-year program that seeks to help local business facilities manage their electricity costs by implementing smart grid technology.
CPS Energy will also leverage Honeywell’s automated demand response tools and services for the municipal utility to maintain the stability of Texas’ power grid during peak usage times, Honeywell said Wednesday.
The alliance will work with commercial and industrial entities across the state as they aim to reduce local energy demand by up to 6 megawatts, according to Honeywell.
“Shifting demand is simple in theory, but making the right connections with the right energy loads and delivering repeatable results is critical to having the lasting impact utilities need,” said Jeremy Eaton, vice president of Honeywell’s smart grid solutions business.
The alliance will help businesses develop and implement sustainable energy practices as well as aim to incentivize participants for their electrical load reductions through the program.
Honeywell says it will provide a software-as-a-service platform that is built to help utility operators automate energy management systems at industrial and commercial sites.
The companies are also working in a similar program that involves more than 81,000 residential clients.
Texas-based CPS Energy aims to save the state up to 771 MW of energy by 2020 through demand response management efforts.