The Industrial Conservation Initiative (ICI) provides an incentive for large electricity consumers to conserve electricity. Companies that participate in ICI are incented to lower their electricity usage in peak hours in order to reduce their costs.
Electricity consumers that participate in ICI are charged global adjustment (GA) based on their contribution to the “top five peak” demand hours in Ontario each year. Participants in ICI are able to reduce their GA costs based on their ability to reduce demand during these five peaks.
The better that an ICI participant can forecast the top five hours of peak demand and shift their electricity usage accordingly, the more they will be able to benefit from the ICI program.