AEC Market Education Module #13

Demand Charge Management

The kW side of a Texas commercial electric bill — how demand charges work, where they live on the bill, and what actually moves them.

Section 1
Two halves of a commercial electric bill

Most discussion of electricity pricing focuses on the energy charge: cents per kWh, twelve or twenty-four months fixed, the headline number on the contract. The other half of the bill is measured in kilowatts. It moves on different rules, reacts to different choices, and at most commercial sites it accounts for between a fifth and a third of the total spend.

The kWh side
Energy charges

Quantity-based. You pay for every unit of energy you consume across the month. A kWh is a unit of energy: one kilowatt drawn for one hour, or two kilowatts drawn for a half hour, or any other equivalent combination.

Set by REP contract pricing, ERCOT settlement, and your monthly consumption
The kW side
Demand charges

Capacity-based. You pay for the high water mark — the single highest fifteen-minute slice of the month — regardless of how often that level was reached. Bringing the high water mark down by 50 kW saves the same amount whether it stood for one hour or one quarter-hour.

Set by TDU tariff schedules, with a billing window driven by metered interval data

The two charges measure different things. Energy is what came through the meter. Demand is how big the pipe had to be to deliver it. The utility built the pipe — substations, transformers, conductors, transmission lines — for the worst case, and the demand charge is how that fixed cost gets recovered from each customer in proportion to the load they imposed at the worst moment.

For a flat load running close to its average all month, the demand charge spreads thinly across thousands of kWh. For a peaky load that briefly spikes well above its average, the same demand charge concentrates on a much smaller energy base. That is the mathematical link to load factor, and it is why the same TDU tariff produces wildly different per-kWh outcomes for two facilities that consume the same total energy. The load factor module works through that math directly.

Section 2
Where demand charges actually live on the bill

On a Texas commercial bill, the kW-driven charges sit on the regulated delivery side, billed by your TDU and passed through by your retail provider. The line items vary by utility and rate class, but they roll up into three buckets: a flat monthly amount (customer plus metering), a per-kWh component that bundles a few small energy-based items, and the per-kW demand charges that drive most of the conversation in this module.

Current TDU charges across the major Texas territories, commercial > 10 kW class:

TDU Per month Per kWh Per kW
Oncor $32.43 0.055¢ $11.27
CenterPoint Energy $13.41 0.093¢ $10.10
AEP Texas Central $22.00 0.074¢ $12.79
AEP Texas North $22.00 0.074¢ $12.38
Texas-New Mexico Power $24.56 0.156¢ $14.98
Lubbock Power & Light 1.631¢ $11.32
Effective April 30, 2026. Rates change periodically — current values are published here and refreshed monthly. LP&L is municipally owned and structures its delivery charges differently from the ERCOT-area TDUs.
What rolls into the per-kW number The TDU per-kW total is a sum of several individual line items, the largest two by far being the Distribution System Charge and the Transmission Cost Recovery Factor (TCRF). The remainder is made up of the Distribution Cost Recovery Factor (DCRF), Storm Restoration Charges, federal income tax credits, and a few smaller surcharges that adjust over time. Different items also run on different billing-demand methodologies — some on actual non-coincident peak (NCP), some on a ratchet, and the TCRF for IDR-metered customers on 4CP. The bill consolidates them all into one demand-charge line, but the underlying mechanics differ.

Total kW exposure across the major TDUs runs $10 to $15 per kW per month. A site holding a 500 kW high water mark therefore carries roughly $5,000 to $7,500 per month in demand charges before any energy is metered. Bring that mark down by 10 percent and the saving is permanent and recurring — it shows up every month for as long as the new mark holds.

One additional effect to flag here: power factor. If your facility's power factor falls below 0.95, the TDU adjusts your billed kW upward to recover the cost of carrying reactive power your equipment draws but does not convert into useful work. The math means a metered 500 kW load running at 0.85 PF gets billed closer to 558 kW. Capacitor banks and variable-frequency drives are the standard remediation. We will cover the specifics — measurement, threshold variations by TDU, and the economics of correction — on a forthcoming power factor module.

Section 3
How billing demand is set: the 15-minute interval

The TDU meter integrates power continuously. Once every fifteen minutes it logs the average kW drawn during that window and resets. Each month produces 2,880 such intervals (give or take, depending on month length). Your billing demand is the single highest one.

500 300 100 Mon Tue Wed Thu Fri Sat Sun Billing demand: 425 kW peak 15-min interval
One fifteen-minute window on Tuesday at 1:30 PM sets the entire month's billing demand. Every other interval falls below it.
It is an average, not an instantaneous reading
A two-minute spike that happens to land inside an otherwise quiet window will average down. A sustained elevated draw across the full window registers at face value.
Because it is an average, brief load surges do less damage than steady-state high draws. A 700 kW startup that lasts 90 seconds inside an interval otherwise running at 350 kW averages to roughly 385 kW, not 700.
Implication: smoothing matters more than absolute peaks
The window resets every quarter-hour
Plan a high-draw startup or batch process to span the boundary and the load gets split between two intervals. Push the same activity to land entirely inside one window and you concentrate the impact.

Interval data — the underlying record of every fifteen-minute reading the meter produced — is available for any IDR-metered site through Smart Meter Texas. The interval data module covers how to pull and read it. For demand-charge work, that file is the diagnostic. It tells you which day, which hour, and which equipment cycle is setting your bill.

Section 4
Ratchets — the high water mark refuses to recede

Some TDU rate classes carry a provision called a demand ratchet. Under a ratchet, your billing demand for any given month cannot fall below a stated percentage of your high water mark across the prior eleven months. A typical ratchet sets the floor at 80 percent of that rolling mark.

The mechanism exists because the utility sized your service drop, transformer, and feeder capacity for your worst-case demand. Ratchets ensure they recover that fixed investment year-round, even during months when actual load runs well below the design point. From a customer's perspective, the ratchet means a single bad summer afternoon can keep your billing floor elevated through the following winter, spring, and into the next summer.

600 kW 500 400 300 200 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Ratchet floor: 80% × 600 = 480 kW 600 kW high water mark months billed at the ratchet floor, not actual peak
actual monthly peak ratchet floor (80% of rolling 12-mo high)
Worked example

A facility runs a steady 350 kW most of the year. On July 14, an unusual confluence — late afternoon production push, full chiller load, an unscheduled compressor cycle — drives a single fifteen-minute window to 600 kW. That month bills at 600.

Ratchet floor for the next 11 months = 0.80 × 600 = 480 kW

From August through the following June, even months where actual peak comes in at 320 or 360 kW will be billed at 480. At an all-in demand rate of $11 per kW, that floor adds up:

(480 − 350) × $11 × 11 months = $15,730 in additional cost driven by one afternoon

The single July incident extends well beyond the July bill. The high water mark is set, and it refuses to recede for eleven more months.

Not every TDU rate schedule includes a ratchet, and where they exist the percentage and the lookback window vary. Oncor's primary-service rate classes carry one form; CenterPoint's industrial schedules carry another; some secondary-service tariffs do not ratchet at all. The first place to look is your tariff schedule on file with the PUC, or the demand-charge calculation footnote on a recent bill. If the bill shows a "billed demand" that is higher than your actual metered peak for the month, a ratchet is the most common explanation.

Why this matters in procurement A REP cannot insulate you from TDU ratchet exposure under a fixed-price energy contract. Demand-side discipline — keeping the rolling annual high water mark from drifting higher year over year — is operational work, not commodity work. Bringing the mark down before it sets, rather than chasing it down after, is where the real money lives.
Section 5
Demand reduction calculator

Run the math on your own high water mark. Enter your current billing demand, your blended demand rate (the typical Texas commercial range is $10 to $15 per kW depending on TDU), and a target reduction. The calculator returns the direct monthly and annual savings, plus the carryover effect if you are on a ratcheted tariff.

10%
New peak
450 kW
down from 500 kW
Monthly saving
$600
recurring, every billing cycle
Annual saving
$7,200
direct demand charge reduction
Ratchet carryover
+$5,280
additional savings from a lower 80% floor across the eleven months below the new high water mark
Numbers are illustrative and assume the new peak holds. Real-world reduction performance depends on load profile, controllable loads, and operational consistency. We can run this against your actual interval data and identify the realistic reduction window.
Section 6
What actually moves the peak

Demand reduction breaks into three buckets: operational discipline (free), controls and automation (low capital), and physical infrastructure (capital projects with payback math). The right starting point depends on what is driving your current peak. Interval data tells you which lever to pull first.

Highest-leverage operational lever
Equipment staging and startup sequencing
Most facility peaks are not from a single piece of equipment running flat-out. They are from multiple loads coming online in the same fifteen-minute window. A Monday-morning power-on sequence that brings every chiller, compressor, lighting bank, and process line up simultaneously will register as the month's peak nearly every time. Staggering startups across thirty to ninety minutes — handled at the BAS or smart panel level — flattens that ramp without changing operating hours, throughput, or comfort. Costs little to nothing, and the effect is immediate.
Best fit: any facility with batch power-on cycles, multi-equipment plants, scheduled startup routines
Operational
Process scheduling
Move discretionary load off your existing peak window. Battery charging, water heating, EV fleet charging, batch compressors, kiln cycles, pump-down operations, server backups. The intervals where they currently run are often the peak intervals. The intervals where they could run frequently aren't.
Best fit: facilities with deferrable load and visibility into their interval profile
Controls
HVAC pre-cooling
In summer-peaking buildings, run cooling harder during the morning (when ambient is lower and the thermal mass can absorb it) so the afternoon HVAC load is reduced. Smart thermostats and BAS scheduling handle the work.
Summer-peaking commercial real estate
Controls
Demand limiters
Hardware or software that monitors real-time demand against a target ceiling and trims non-critical load when approaching it. Typical targets: HVAC fan stages, secondary lighting circuits, non-essential motor loads.
Sites with identifiable non-critical load and real-time metering
Capital
Battery storage / BESS
A right-sized battery discharges during the predicted peak interval and recharges off-peak. Payback math improves at low load factors and sites with TDU demand exposure above $10 per kW. Not a fit for every load — sizing matters.
Low-LF sites with predictable peak windows and demand rates above ~$10/kW
Where to start For a facility that has never looked at peak structurally, the order of operations is: pull twelve months of interval data, identify whether peaks are concentrated in a particular hour-of-day or driven by specific equipment events, address the equipment staging question first (free), evaluate scheduling moves second (free or low cost), and only then run capital project economics on the residual peak that remains. Most sites find at least 5 to 10 percent in the first two buckets before any capital is spent.
Section 7
Demand response — the revenue side of the kW conversation

Bringing your own high water mark down saves money on your own bill. Demand response flips the model: the utility pays you for the right to call on your load reduction during specific events. Same operational capability, different counterparty, different cash flow.

Seasonal Commercial Load Management
Each ERCOT-area TDU operates seasonal Commercial Load Management programs aimed at the 100 kW-and-up commercial segment. Oncor's current winter program is the canonical example.

These programs are structured under PUCT energy efficiency rules and run during defined seasonal windows — winter for the cold-weather peak risk that surfaced after Storm Uri, and summer for the traditional heat-driven afternoon peaks. The basic structure is consistent: enroll a curtailable load, accept short-notice call events from the utility, deliver the contracted reduction during each event, and collect a per-kW incentive payment based on verified performance.

The wider program landscape Oncor and the other ERCOT-area TDUs (CenterPoint Energy, AEP Texas, and TNMP) also run summer-season Commercial Load Management cycles, each with its own incentive rate, peak-window definition, and program manual. Specs and budgets reset each program year. The current details for any given TDU live in that utility's annual program documentation. Beyond the TDU programs, ERCOT itself runs ancillary service products — Emergency Response Service and Load Resources — that operate at the grid-operator level and tend to suit larger multi-MW industrial loads more than typical commercial sites.
What we do and don't handle Alden focuses on the seasonal CLM programs — that is where the typical commercial site with 100 kW to 1 MW of curtailable load belongs. We help with eligibility analysis, enrollment through the relevant TDU's program portal, and operational coordination during the event season. ERCOT-level ancillary services and capacity bidding for multi-MW industrial loads is a specialized space dominated by aggregators with dedicated portfolio operations. For loads in that range, we refer to providers who do that work full-time. Pick the operator whose business model fits the size of your load.

For a site already managing its own high water mark for billing reasons, CLM enrollment is usually additive. The same operational capability that flattens your demand curve is what the program is paying for. The decision comes down to event tolerance — whether your operation can accept a thirty-minute notification and the curtailment commitment without disrupting production or service.

Want to know what your high water mark is actually costing you, and where the realistic reduction lives?
Send us twelve months of bills or a recent IDR file. We will identify your billing demand structure, flag any ratchet exposure, locate the highest-leverage reduction window, and tell you whether the seasonal CLM programs are a fit for your operating profile.
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