Global Adjustment Cost Avoidance and Electrical Load Reduction for Ontario's Commercial and Industrial Users

Voltus Inc., a demand response provider to Ontario's commercial and industrial electricity consumers, announced its decision to expand its range of product offerings in Ontario. The announcement came after being awarded 67 MWs of capacity resources following a "demand response auction" held by the Independent Electricity System Operator (IESO). Class A customers in Ontario were provided with guarantees that Voltus Inc. will predict 100% of the Global Adjustment (GA) during peak hours so as to ensure that commercial and industrial consumers in Ontario avoid what has been the highest electricity demand charges in the world.