Commercial Property Demand Response Participation Agreement

1. Parties

This Demand Response Participation Agreement ("Agreement") is made and entered into on by and between:

Property Name:
Property Address:
Owner/Representative Name:
Demand Response Provider ("Provider"):

2. Purpose

The purpose of this Agreement is for the Property to participate in Provider's Demand Response (DR) programs, which are intended to reduce electricity consumption during specified events as requested by the Provider or the grid operator.

3. Term

The term of this Agreement shall commence on and continue until , unless sooner terminated as provided herein.

4. Participation Requirements

• The Property agrees to participate in DR events as notified by the Provider.
• The Property will make reasonable efforts to reduce energy consumption during DR events.
• The Property will allow Provider or designated entities to install and maintain necessary metering and control equipment.

5. Incentives and Compensation

The Provider shall compensate the Property in accordance with the DR program guidelines for verified reductions in demand. Details of payment terms, rates, and schedules are outlined in .

6. Responsibilities

• Property: Ensure load reduction strategies are implemented; maintain communication with Provider.
• Provider: Issue DR event notifications; provide technical support and compensation.

7. Termination

Either party may terminate this Agreement with days written notice to the other party. Obligations up to the termination date shall be fulfilled by both parties.

8. General Provisions

• This Agreement constitutes the entire understanding between the parties.
• This Agreement may only be amended in writing, signed by both parties.
• This Agreement shall be governed by the laws of .

Signatures

Property Representative:
Name:
Signature:
Date:

Provider Representative:
Name:
Signature:
Date: