Groups Request ‘Time-of-Use’ Electricity Pricing in Illinois

Utility watchdog Citizens Utility Board (CUB) and the Environmental Defense Fund (EDF) are urging the Illinois Commerce Commission (ICC) to have the state’s biggest electric utilities, Commonwealth Edison and Ameren, offer optional “Time-of-Use” electricity pricing plans. If the ICC agrees, the utilities would be more competitive with retail energy suppliers.

With Time-of-Use pricing, customers with digital electric meters can lower their power bills by curtailing their use during peak times. Cutting energy use at high-demand times lowers market electricity prices for everyone and reduces stress on the power grid.

Time-of-Use electricity pricing allows for a level of flexibility and efficiency that is nearly impossible with traditional, flat electric rates, says CUB.

EDF and CUB have asked the ICC to immediately begin an investigation to explore how ComEd and Ameren could offer Time-of-Use pricing, with hope that these new rates can be offered by 2016.

The EHS Guidebook: Selecting, Implementing, and Using EHS Software Solutions
Sponsored By: EtQ

  
How Tracking/Managing Energy Consumption Drives Real Cost Savings
Sponsored By: Digital Lumens

  
Choosing the Correct Emission Control Technology
Sponsored By: Anguil Environmental Systems

  
The Corporate Sustainability Professional's Guide to Better Data Management
Sponsored By: Urjanet

  

Leave a Comment

User Name :
Password :
 
If you've no account register here first time
User Name :
User Email :
Password :

Login Now