Want to estimate your capacity charge before signing up for ComEd’s Hourly Pricing program? Here’s how to calculate it: 1. Go to this page: https://secure.comed.com/MyAccount/MyService/Pages/UsageDataTool.aspx, choose “View Summary Data Online,” and “Add” your ComEd Electric Choice ID. (The ID is located in the “Service Address” section of your bill.) 2. Click…...
Hourly Pricing program sets record for savings in 2023
A voluntary ComEd program that charges participants an electricity rate that can change hourly set a record for savings in 2023, according to a report filed with the Illinois Commerce Commission (ICC). The Hourly Pricing program saved participants a total of $12.4 million in 2023, which was more than the…...
Q&A: Hourly Pricing and price spikes
What is ComEd’s Hourly Pricing program? Under traditional rates, people pay a flat amount for electricity supply that changes only a few times a year. Hourly Pricing is an alternative pricing plan in which participants pay a supply rate that is subject to more immediate market conditions and can change…...
Help the environment and cut your costs with ComEd’s Time-of-Day pricing program
With the introduction of smart meters across Illinois, consumers have more options when it comes to how they use and pay for electricity. ComEd’s new Time-of-Day Pricing Program—which charges different electric rates during different periods of the day—is one such option. So how does the Time-of-Day program work? Most customers…...
Real-Time Pricing: Another way to save–just ask CUB staffers
Most people pay an electricity rate that only changes a few times a year, but real-time pricing offers a different way to pay for electricity. Instead of charging a standard price per kilowatt-hour, the utility charges program participants a supply rate that changes each hour. ComEd offers real-time pricing through…...
Win for consumers and energy innovation: IL launches dynamic-pricing pilots
Environmental Defense Fund (EDF) and the watchdog Citizens Utility Board (CUB) praised Illinois regulators for two major rulings this fall that launch innovative dynamic-pricing pilot projects for customers of the state’s biggest electric utility. The projects place Illinois among the leading states for developing clean energy tools that empower customers…...
