Cinergy/PSI Offers Customers Incentives To Reduce

PLAINFIELD, Ind., July 11, 2005 —Cinergy/PSI is offering to pay its residential customers to reduce their air-conditioning use this summer. The company’s Power Manager program provides financial incentives to customers who participate. The program helps Cinergy/PSI delay the need to build new power plants, which helps lower electricity costs for all customers.

Cinergy/PSI will install a free load management switch on a customer’s outside central air-conditioning compressor unit. This switch will allow the company to remotely cycle the customer’s air conditioning system off a few minutes every half hour on days when demand for electricity is critical. If the unit is cycled off and on, it would most likely be from mid-day through early evening. Cinergy/PSI may cycle off the air conditioner once or twice a month, or, in the case of mild weather, not at all. The program’s season runs from May 1 through September 30.

To be eligible for the program, customers must:

• own their own home;
• have a functional central air-conditioning unit with an outside air-compressor; and
• live in an area with commercial paging coverage (which enables remote cycling).

"The Power Manager program helps lower costs without sacrificing comfort," said Deanna Bowden, project manager for the program. "Air conditioning units are switched on and off in small increments so that customers notice very little temperature difference. The program is part of our overall efforts that help delay the need for new power plants."

Participating customers also can opt out of the program for one day each calendar month between May and September.

Customers interested in signing up or learning more can call toll-free, 877-392- 4848.

Cinergy/PSI is Indiana’s largest electric supplier, serving more than 700,000 customers in portions of 69 of Indiana’s 92 counties.