Method and system for reducing peak load charge on utility bill using target peak load and countermeasures

1. In a peak load management system comprising a battery system configured to store power for a customer of an electric utility and discharge stored power when actual load by the customer exceeds a target peak load for the customer and a peak load management processor operatively coupled with the battery system, a peak load management method, comprising:

computing, by the peak load management processor, a predicted time when actual load is predicted to rise above the target peak load;

detecting, by the peak load management processor, a detected time when actual load rises above the target peak load;

determining, by the peak load management processor, whether the detected time precedes the predicted time by more than a configurable interval;

entering, by the peak load management processor, an active management state in response to determining that the detected time precedes the predicted time by more than the configurable interval; and while in the active management state:

implementing, by the peak load management processor, one or more initial countermeasures having a magnitude selected to correlate with an amount of time by which the detected time precedes the predicted time;

computing, by the peak load management processor, a risk of a spike in grid power usage above the target peak load due to battery exhaustion;

implementing, by the peak load management processor, one or more additional countermeasures having a magnitude selected to correlate with a level of the risk; and

determining, by the peak load management processor, when actual load falls below the target peak load by a particular power margin, whereupon the active management state is exited.

2. The peak load management method of claim 1 , wherein the risk is computed using actual load, a rate of change of actual load and an amount of stored power in the battery system.

3. The peak load management method of claim 1 , wherein the risk includes a probability component estimating a likelihood of the spike.

4. The peak load management method of claim 1 , wherein the risk includes a severity component estimating an amplitude of the spike.

5. The peak load management method of claim 1 , wherein the countermeasures include increasing the target peak load.

6. The peak load management method of claim 1 , wherein the countermeasures include shedding actual load.

7. The peak load management method of claim 1 , further comprising, when the detected time precedes the predicted time by less than the configurable interval, monitoring by the peak load management processor at a high state of alert without implementing countermeasures.

8. The peak load management method of claim 1 , further comprising, when the detected time follows the predicted time monitoring by the peak load management processor at a low state of alert without implementing countermeasures.

9. A peak load management system, comprising:

a battery system configured to store power for a customer of an electric utility and discharge stored power when actual load by the customer exceeds a target peak load for the customer; and

a peak load management processor operatively coupled with the battery system configured to compute a predicted time when actual load is predicted to rise above the target peak load, detect a detected time when actual load rises above the target peak load and determine whether the detected time precedes the predicted time by more than a configurable interval, further configured in response to determining that the detected time precedes the predicted time by more than the configurable interval to enter an active management state and while in the active management state implement one or more initial countermeasures having a magnitude selected to correlate with an amount of time by which the detected time precedes the predicted time, compute a risk of a spike in grid power usage above the target peak load due to battery exhaustion, implement one or more additional countermeasures having a magnitude selected to correlate with a level of the risk and determine when actual load falls below the target peak load by a particular power margin whereupon the active management state is exited.

10. The peak load management system of claim 9 , wherein the risk is computed using actual load, a rate of change of actual load and an amount of stored power in the battery system.

11. The peak load management system of claim 9 , wherein the risk includes a probability component estimating a likelihood of the spike.

12. The peak load management system of claim 9 , wherein the risk includes a severity component estimating an amplitude of the spike.

13. The peak load management system of claim 9 , wherein the countermeasures include increasing the target peak load.

14. The peak load management system of claim 9 , wherein the countermeasures include shedding actual load.

15. The peak load management system of claim 9 wherein, when the detected time precedes the predicted time by less than the configurable interval, the peak load management processor is configured to monitor at a high state of alert without implementing countermeasures.

16. The peak load management system of claim 9 wherein, when the detected time follows the predicted time, the peak load management processor is configured to monitor at a low state of alert without implementing countermeasures.