Peak Shaving | How does Peak Shaving work | Benefits of Peak Shaving | Peak Shaving Practices

Peak shaving, also called load shedding or peak load shaving, is a strategy employed by businesses to trim down their electricity expenses. It is particularly useful in cutting costly demand charges, otherwise known as capacity charges or capacity tariffs. The maximum peak load of electricity consumed determines these capacity charges, which make up a substantial portion of the utility bill.
To reduce these charges, businesses and other large electricity consumers proactively manage their energy usage to minimize short-term spikes in demand. They can effectively shave the peaks by smoothing out their electricity consumption patterns, leading to lower demand charges and significant cost savings.

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