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hourly pricing

Demand response: a win for you, the environment, and the grid

Demand response programs are opportunities for consumers to take an active role in lowering their electric bills, reducing stress on the electric grid, and cutting pollution. Sounds like a good deal. But what are “demand response” programs? At their core, all demand response programs incentivize consumers to shift their electricity…...

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ComEd’s Hourly Pricing: How to calculate the customer capacity charge

Want to know 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” the individual’s ComEd account number. 2. Click “View Usage Data” and it’ll take you to a results screen showing vital…...

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CUB Q&A: Why did real-time prices get so high for a few days after the winter storm?

In the wake of the snowstorm that brought subzero temperatures and up to a foot of snow to parts of Illinois, CUB received several calls from consumers complaining about high prices they were paying for a special program in which electricity rates can change by the hour. CUB is a…...

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Most reliable way to save money on your bills? Energy efficiency

This Wednesday is Energy Efficiency Day, and as you probably know, CUB is a big believer in efficiency.  Energy efficiency isn’t about sacrifice or a drop in productivity. It’s the practice of using less energy to perform the same tasks you normally do, such as doing the laundry or charging…...

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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…...

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Five things to remember about your bills

In our first-ever “virtual utility bill clinic,” CUB members from 64 different cities across Illinois submitted their utility bills to get CUB’s unique utility-bill checkup service from the comfort of their own homes. CUB holds 400-500 events a year, but the virtual clinic was an attempt to reach people who…...

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Did real-time pricing help electricity customers save in 2018?

by Cate York, Sustainable Communities Liaison at CUB Working as an outreach staffer for CUB takes me all over the state to talk to folks about how to save money on their utility bills. One of my favorite cost-saving measures to talk about is real-time pricing.  As any dedicated reader…...

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Tips to make the most of ComEd’s Hourly Pricing

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).…...

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Consumer saves almost $600 with Hourly Pricing

ComEd’s Hourly Pricing program is a great way to save money, not to mention practice wise energy use. One consumer, Jim, recently attended a CUB utility-bill clinic to tell us how Hourly Pricing has saved him hundreds of dollars! Hourly Pricing allows customers to pay the hourly market rate for…...

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Latest CUB research good news for EV drivers

The World Electric Vehicle Journal recently published CUB’s paper on electric vehicle (EV) charging. Researched and written by CUB Executive Director Dave Kolata and Director of Research Jeff Zethmayr, Charge for Less: An Analysis of Hourly Electricity Pricing for Electric Vehicles compares what customers of Illinois utility Commonwealth Edison would have paid in…...

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