With ComEd’s Hourly Pricing, a program that charges the hourly market rate for electricity instead of the standard fixed rate, you could see average savings of 15 percent on the supply portion of your electric bill by shifting your energy-usage to hours when power prices drop (like nights and weekends).…...
How much does your phantom load affect your electric bill?
Phantom load–sometimes called “vampire power”–refers to home appliances still using energy even after you turn them off. So what impact does that have on your electric bill? About 10 percent of your energy costs come from wasted power. The National Resources Defense Council found phantom loads account for $19 billion…...
Can you take the heat? Summer savings tips
Summer is around the corner, so make sure your home—and wallets—can handle the heat. Check your HVAC system. Have a professional check your HVAC system. Consider cleaning your air-conditioning unit’s filter once a month, but at the very least once every three months. It’s an easy way to improve the…...
So what does that Energy Star sticker mean?
The Energy Star program, managed by the Department of Energy (DOE) and the Environmental Protection Agency (EPA), identifies appliances that reach certain energy efficiency standards. That means they are designed to perform just as well as standard appliances, while also saving you money. How do I identify an appliance that…...
“Vampire power” could be to blame for your high electric bill
Turning your electronics off when you’re not using them seems like a simple way to cut down on your power bill. But that won’t stop “standby power,” a.k.a. vampire power. Think about your toaster, coffee maker, televisions, desktop computers and DVRs. You may leave these devices off for periods of time, but…...
