ComEd customers saved $135,000 on Peak Time Savings program for
reducing electricity during peak demand periods
The summer heat is in full effect and today ComEd will call an Energy
Savings Day during the hours of 1 – 4 p.m. for customers enrolled in its
AC Cycling Thermostat Pilot and Peak Time Savings program.
ComEd typically schedules Energy Savings Days when an increased demand
for electricity throughout the Midwest region is anticipated. While the
power supply in the region is expected to be sufficient to meet
anticipated high demand, customers enrolled in demand-response programs
can voluntarily scale back on their energy usage and receive credits and
incentives.
The AC Cycling Thermostat pilot provides customers with incentives of up
to $40 for reducing their air conditioning use during the summer’s high
demand periods. More than 3,500 customers are enrolled in the AC Cycling
pilot, which require a Nest Learning Thermostat™ or XFINITY Home
Thermostat to be installed at their home. On Energy Savings Day
participating customers will have their temperatures automatically
adjusted during the hours of 1 – 4 p.m. The customer is always in
control, and can change the temperature anytime by simply adjusting the
setting.
“Our energy savings days are designed to give our customers more
information and options to manage their energy usage and save on their
electric bills,” said Val Jensen, senior vice president of Customer
Operations, ComEd. “Our investments in smart meters have enabled greater
use of technology and opened the doors for programs that provide
customers with more personalized service.”
On July 23, ComEd called its first Energy Savings Day for customers
enrolled in its other demand response program called Peak Time Savings
(PTS). As a result, the customers enrolled in this program saved a total
of $135,000. ComEd is the first utility in the Midwest to offer the
smart meter-enabled program to customers. Currently, more than 58,000
ComEd customers are enrolled in PTS and can earn $1 credit on their
electric bills for every kilowatt-hour (kWh) of electricity they reduce
during PTS hours.
Peak Time Savings, and ComEd’s AC Cycling Thermostat Pilot are part of
ComEd’s Smart Grid Exchange, a collaboration between ComEd,
entrepreneurs, technology start-ups, universities and customers to
explore and design new products, offers and innovative solutions that
utilize the intelligence of the smart grid.
Prior to calling an Energy Savings Day, ComEd notifies customers usually
the day before by phone and email or through an opt-in text
notification. These notifications help customers plan ahead to ensure
they have time to shift or reduce electricity use on the Energy Savings
Day. To ensure customers receive Energy Savings Day notifications, they
should update their contact information by visiting ComEd.com/MyAccount.
Customers can enroll in ComEd’s Peak Time Savings program by visiting
ComEd.com/PTS.
ComEd recommends that customers consider the following tips to help save
energy and stay comfortable during the Energy Savings Day:
-
Consider turning some window units off during the Energy Savings Day,
if you have them.
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Use an outdoor grill or microwave instead of the stove or oven.
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Avoid using other heat-producing appliances such as dishwashers and
clothes dryers.
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Draw blinds and curtains in rooms that receive a lot of sunlight.
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Turn ceiling fan on with blades rotating counter clockwise.
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Stay hydrated – drink plenty of water.
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Consider going to a cool place such as a movie theater, mall or pool.
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Relax in the basement where the temperature is typically several
degrees cooler than the rest of the house.
Other measures implemented by ComEd to help customers save money and
manage their energy bills include a $50 million reduction in customer’s
delivery rates, which will go into effect in January of 2016 and the
launching of a plan to help customers in need apply for available
financial assistance. As a result of the state’s budget issues, social
services that provided access to financial assistance for utility bills
have been closed. ComEd has launched 11 satellite locations to allow
customers to apply for its remaining 2015 CARE funds. To learn more
about these and other programs, please visit our website at ComEd.com.
Commonwealth Edison Company (ComEd) is a unit of Chicago-based Exelon
Corporation (NYSE: EXC), the nation’s leading competitive energy
provider, with approximately 7.8 million customers. ComEd provides
service to approximately 3.8 million customers across northern Illinois,
or 70 percent of the state’s population. For more information
visit ComEd.com,
and connect with the company on Facebook,
Twitter
and YouTube.
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