(800) 669-5556

hourly pricing

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…...

Read more

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).…...

Read more

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…...

Read more

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: Go to this page: https://secure.comed.com/MyAccount/MyService/Pages/UsageDataTool.aspx, choose “View Summary Data Online,” and “Add” the your ComEd account number. Click “View Usage Data” and it’ll take you to a results screen showing vital stats. …...

Read more

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…...

Read more

Illinois is friendlier to EVs than you think

A recent Forbes article about electric vehicles cited a study rating all 50 states on EV friendliness, and Illinois came in 14th. But the study missed a huge bonus for Illinois EV owners that should bump the state higher up the list. One factor the study looked at was the…...

Read more

No joke, hourly electricity prices can actually drop below zero

Most ComEd customers are stuck on the utility’s standard electricity price that only changes twice a year, so it may be hard to believe that the actual market price of electricity can get really low, even, for short periods drop below zero. That’s right, the market price occasionally drops below…...

Read more

Grim statistic: Record losses for supplier customers

The Illinois Commerce Commission (ICC) recently reported that over the past year, customers of alternative electric suppliers lost a record $227.6 million, compared with what they would have paid with the regulated utilities, ComEd or Ameren. The electric market is in need of reform—but energy giants, like Exelon and Vistra,…...

Read more

Central AC Cycling or Peak Time Savings?

Peak Time Savings and Central AC Cycling are two ComEd programs that could help you save money–but you have to choose between one or the other. They’re both good programs, but sometimes, consumer ask us which one to choose. We did a deep dive to help you choose the one…...

Read more

ComEd’s Hourly Pricing has saved customers $19 million

ComEd’s Hourly Pricing program has saved participants more than $19 million. So how does Hourly Pricing work? Instead of being charged a fixed rate that only changes at the start of winter and summer, Hourly Pricing charges customers by the hour and according to the market rate. On average, the…...

Read more