What do you mean by ‘expect projects to reduce peak electricity demand by more than 500 kW over a multi-year period’?
Projects are expected to reduce peak demand by more than 500 kW during the summer (afternoon weekdays during December to February) and/or winter (early evenings on weekdays during June to August). This can be done for one year/season or for multi-years (eg: 500 kW for 1 year or 50 KW per year for 10 years). The cost effectiveness of the project increases the longer the reductions are achieved.
Projects are expected to reduce peak demand by more than 500 kW during the summer (afternoon weekdays during December to February) and/or winter (early evenings on weekdays during June to August). This can be done for one year/season or for multi-years. The cost effectiveness of the project increases the longer the reductions are achieved.