I know it's common to have contracts that are cheaper per Kwh, but have requirements to not draw if/when high load occurs. Is it really common to pay to not draw power?
For grid stability yes. The ideal grid stability solution is a customer who can sink AND source large amounts of power for a reasonable amount of time and very quickly. Like a giant battery farm can, although these are quite expensive.
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I know it's common to have contracts that are cheaper per Kwh, but have requirements to not draw if/when high load occurs. Is it really common to pay to not draw power?
For grid stability yes. The ideal grid stability solution is a customer who can sink AND source large amounts of power for a reasonable amount of time and very quickly. Like a giant battery farm can, although these are quite expensive.