You may be surprised to learn that the biggest electricity guzzler in your house isn’t your TV or refrigerator. That special honor goes to… your clothes dryer. Dryers use between 1,800 to 5,000 watts per cycle, according to the U.S. Department of Energy. Compare that to washers, which only use…...
Are you paying what you think for electricity?
ComEd’s June 1 electricity supply rate jumped to about 7.6 cents per kilowatt-hour (kWh). But there’s a wrinkle: This month ComEd supply customers are actually only paying a rate of about 7.1 cents per kWh. Wait, huh? The difference is due to a change in the “Purchased Electricity Adjustment” (PEA). That’s a credit…...
Breaking: CUB, City of Chicago call for probe of Illinois electric market
Just four weeks ago, when CUB released a report on Illinois’ electricity market, we warned consumers about bad power deals. Today, CUB and the City of Chicago took another step forward to reform the market. CUB and the City today filed a petition asking the Illinois Commerce Commission (ICC) to launch…...
5 surprising things you should know about the June rate hike
As of June 1, ComEd’s electricity rate shot up 38 percent, to about 7.596 cents per kilowatt-hour (kWh). And the prices offered by unregulated power suppliers competing against ComEd are going up too. To paraphrase Dorothy: “Toto, I don’t think we’re in the same electricity market anymore.” Whether you’re with…...
ComEd and Ameren summer rates
Summer is around the corner and temperatures are finally on the rise. But before you start cranking that AC, check out the new summer rates from your regulated electricity supplier. ComEd announced several weeks ago that its rate will jump from 5.5 cents per kilowatt-hour (kWh) to 7.596 cents per kilowatt-hour (kWh) starting…...
Cycle and save
Those hot summer days can be brutal on your electricity bills. One way to fight the summer-bill-blues is to take advantage of your utility’s energy efficiency incentives. Case in point: ComEd’s Smart Ideas® Central Air Conditioning Cycling. ComEd will credit you $5 or $10 off your monthly electric bill between June…...
CUB survey respondents are savvy consumers!
After a 115 percent in complaints over the year regarding alternative electric suppliers, CUB issued a consumer alert this week about the worst deals in the market. The alert included a survey asking consumers their impressions of alternative suppliers. First off, we want to congratulate Kenneth W. of Belleville for winning our survey drawing.…...
