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Power Smart 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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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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CUB study finds big savings for EV drivers with special Ameren pricing plan

A new study by CUB found that electric vehicle drivers in Central and Southern Illinois could potentially save hundreds of dollars a year in charging costs if they participate in an Ameren Illinois program called Power Smart Pricing. “Charge for Less: An Analysis of Electricity Pricing for Electric Vehicles in…...

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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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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…...

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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,…...

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CUB recommended!

Did you know that ComEd and Ameren offer special pricing plans that could save you money?  Read more below! ComEd’s Hourly Pricing program  ComEd’s Hourly Pricing charges an hourly rate that reflects naturally fluctuating electricity prices. If you can delay your heaviest electricity usage to the times of day when prices…...

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