Commonwealth Edison said that, this summer, 300,000 customers were paid $4 million under its peak time rebate program (Peak Time Savings)

Six Peak Time Savings hours were called this summer

The Peak Time Savings program is open to all distribution customers, including those on competitive retail supply

Since ComEd's Peak Time Savings program launched in 2015, participating customers received a total of more than $10.2 million in bill credits.

"We believe energy should be affordable and accessible to all customers," said Jane Park, ComEd’s senior vice president of customer operations. "This program is one of the many ways – including hourly pricing and offerings under the ComEd Energy Efficiency Program – that give our customers the power to choose how they use energy and save money on their energy bills."

Tags:
ComEd   Dynamic Pricing   Peak Time Rebate   Innovation   Illinois   Commonwealth Edison  

Comment on this story


ADVERTISEMENT
NEW Jobs on RetailEnergyJobs.com
TPV-SALES-EXECUTIVE -- Back Office Provider -- Other
Sr-Market-Risk-Analyst -- Wholesale Supplier/Trader -- New York - New York City Metro
Head-of-Retail-Operations -- Wholesale Supplier/Trader -- Other
Energy-Regulatory-Specialist -- Other -- Other
More Stories on RetailEnergyX.com:
Shell, Microsoft, Others Launch the Open AI Energy Initiative, Ecosystem of AI Solutions '
Schneider Electric Collaborates With Station A For AI-Based Distributed Energy Solutions
Illinois PIRG Recommends Forcing Exelon To Divest From ComEd, Requiring ComEd TOU Supply Rates
Chicago Municipalization Of ComEd Would Cost Nearly $9 Billion, Study Says
Exelon Generation Announces Intent To Retire Two Illinois Nuclear Plants In 2021