Utilities Achieve Record Peak Energy AI-Powered Demand Reduction with Oracle
PR Newswire•11/11/2026•07:55 ET
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Key Highlights
- ➤Oracle Opower delivered 1 GW of demand reduction across North American utilities in 2026
- ➤Oracle supported 73 peak-reduction events, nearly 50% above 2025’s 49 events
- ➤4.3 million customers engaged, up 30% from 3.3 million in 2025
- ➤Puget Sound Energy achieved up to 16.6 MW peak-load reduction per event
- ➤CPS Energy reached nearly 19 MW through 12 summer events in August
Expert Statements
Tom Smith, Supervisor for Demand Response at Puget Sound Energy
“This summer we introduced performance-based incentives to our behavioral opt-out program, Peak Time Savings, to broaden access to the benefits of demand response and provide customers with a more direct reward for taking action during demand response events.”
Tom Smith, Supervisor for Demand Response at Puget Sound Energy
“We're excited to continue partnering with Oracle to design customer-focused solutions that are easy to participate in, reduce barriers to engagement, and deliver meaningful value to the people we serve.”
Matt O'Keefe, Group Vice President and Head of Opower at Oracle
“Behavioral demand response and peak time rebates are growing pillars of demand reduction.”
Matt O'Keefe, Group Vice President and Head of Opower at Oracle
“These programs give utilities more ways to deepen savings, reward customers, and contribute to virtual power plants that draw on the participation of entire communities.”
Matt O'Keefe, Group Vice President and Head of Opower at Oracle
“Expanding these programs means more households can share in the savings while helping keep the grid reliable.”
Utilities Achieve Record Peak Energy AI-Powered Demand Reduction with Oracle PR Newswire
Opower programs helped deliver 1 gigawatt of demand reduction this year, providing critical resources for grid reliability through virtual power plants while helping customers reduce energy bills
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