Retail Energy Buyer

Subscribe to the free weekly newsletter written just for retail energy buyers

ComEd Awards $1.2M in Credits

October 6, 2016 By Carl Weinschenk

comed_logoComEd’s Peak Time Savings (PTS) program has earned customers more than $1.2 million in credits in exchange for their efforts to reduce electric usage, according to the company.

The program was introduced during the summer of 2015. It provides customers a $1 bill credit for every kilowatt hour of energy reducing during peak time savings hours, which occur between 11 AM and 7 PM on three to five days per summer.

In its first summer, more than 50,000 customers were enrolled and $386,000 in total bill credits awarded. Last summer, an additional 100,000 customers signed up and more than $868,000 in bill credits awarded, the company says.

Competitive retail provider TXU Energy  on September 29 announced an offer of a limited-time instant rebate for residential consumers who purchase SunPower rooftop solar systems through the company.

Leave a reply